Just a few decades ago, giving financial advice was largely a manual process – printing lengthy financial plans, processing physical checks, and managing paper files. Then, technology evolved, introducing tools like Excel, the internet, and sophisticated financial planning and CRM software that transformed how advisors deliver financial advice. Today, AI is poised to drive another … Read more
Maintaining adequate books and records is a cornerstone of compliance for all investment advisers. While state and Federal regulations clearly outline recordkeeping requirements for areas like financials, advertisements, and trading records, there is a notable gap when it comes to documenting the delivery of services – especially financial planning services – necessary to justify the … Read more
Managing Partner Sharon Krevor-Weisbaum and attorney Lauren DiMartino participated in a webinar on “The 3 Rs of Person-Centered Planning: Roles, Responsibilities, and Rights,” joining Nick Burton, CEO of N. Burton Consulting, Jamie Stoner, Senior Vice President of Coordination of Community Services at Service Coordination, Inc., and People on the Go, a Maryland-based self-advocacy group that is run … Read more
“How much can I spend in retirement?” is perhaps the most fundamental question a client brings to their advisor. Answering it well requires a range of assumptions – from estimating average investment returns to understanding correlations across asset classes. These assumptions are rooted in Capital Market Assumptions (CMAs), which project how different assets might perform … Read more
Welcome everyone! Welcome to the 414th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Eric Franklin. Eric is the Managing Partner of Prospero Wealth, an RIA based in Seattle, Washington, that oversees $52 million in assets under management for 80 client households. What’s unique about Eric, though, is how he … Read more
