Transition To A Fee-Based Or Fee-Only Practice

It’s often a big decision and not always an easy one when an advisor decides to transition to a fee-based or fee-only practice. We wanted to share a few articles, ideas and our thoughts about making the transition to fees. It’s our opinion that a fee-based model works best. We believe advisors should charge fees for creating a plan, for …

Is Your Practice Ready For The Big Game?

More often than not the Champions of the big game have: Years of Technical Training Continuous Physical Training Studied the competition Worked with several coaches Practiced the plays – repeatedly Scripted the game Created back-up plans and contingencies They did what others didn’t and the results speak for themselves. Of course, i’m certain that some of you would disagree and …

Estate Planning Checklist For Financial Advisors

The Big Three There are three technical skills that are foundational for every financial advisor: Debriefing Wills and Trusts Analyzing Tax Returns Debriefing Buy/Sell and Operating Agreements In past weekend readings, we have looked at Tax Return Analysis and the debriefing of Buy/Sell Agreements (speaking of tax returns, grab our proven cash flow formula to save yourself time for free right here!). …