Estate planning is always a tough topic of conversation for financial advisors and their clients. “Even in the tightest-knit families, transfers can get a bit messy,” explains Kevin Andrews, owner of Idaho based wealth management practice Eagle Financial Group in an...
As generational wealth transfers from older adults to younger people, and a wave of new investors emerge, it is increasingly vital for advisors to carefully consider their approach to engaging with clientele whose worldview greatly differs from that of their parents....
Over the last few years, charitable giving among Americans has increased, with 2020 setting a record due to the pandemic. As one Edward Jones study points out, people who donate do so for altruistic reasons — and that younger generations are looking to incorporate...
If you’re thinking about upgrading your tech stack to level-up your financial advisory practice in the years ahead, know that you’re not alone. The topic of technology is top of mind for financial advisors right now, especially since the wealth management industry is...
Relationships are the foundation of a successful financial advisory practice. But many wealth managers struggle to provide the level of attention that clients want and expect. One of the challenges is that advisors aren’t always clear about their clients’...
As a financial advisor or planner, it can be challenging to build a strong rapport with clients — especially within the context of our current economic environment. If you feel like your client relationships are struggling, know that you’re not alone. According to a...