Weekend Studying For Monetary Planners (Jan 28-29)

Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information that CFP Board introduced this week that it’s splitting into two separate organizations with the identical management however completely different nonprofit statuses. By switching to 501(c)(6) nonprofit standing, the brand new CFP Board of Requirements could have expanded skills to advance the planning career by means of lobbying and extra focused promoting messages to develop the ranks of CFP professionals.

Additionally in business information this week:

  • Why money administration methods may change into more and more essential elements of an advisor’s worth proposition in a higher-interest-rate atmosphere
  • Why improved returns on money merchandise might be a double-edged sword for some advisory shoppers following final yr’s market volatility

From there, we have now a number of articles on follow administration:

  • Why advisors might be the massive winners in the case of competitors amongst custodians and the entry of software program suppliers into the area
  • Why rising rates of interest won’t be a serious hindrance to RIA M&A exercise within the yr forward
  • How shopper conduct analysis will help advisors choose the very best technique for elevating their charges

We even have a variety of articles on money circulate and budgeting:

  • Why spouses can profit from having completely different views on cash and the way advisors will help foster constructive communication between companions on monetary points
  • How advisors will help shoppers shift the spending paradigm from ‘desires versus wants’ to contemplating the very best methods for reaching their spending priorities
  • How advisors will help shoppers (and their kids) perceive the potential dangers of utilizing ‘purchase now pay later’ companies

We wrap up with three remaining articles, all about time administration:

  • Why attempting to optimize downtime can result in burnout
  • A technique for guaranteeing that relationships don’t fall by the wayside
  • How distant staff can shake up their make money working from home routines

Benefit from the ‘mild’ studying!

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