The Complete Guide to the 404(c) Diversification Report
Below is your complete guide (with corresponding screenshots) to the 401kFiduciaryOptimizer 404(c) Diversification Report: Diversification addresses a plan lacking diversifying investments; it does not address overlap in the menu. It is based on adjusted similarity (the formula is right on the Diversification page at the bottom). The menu is diversified according to ERISA if “participants...Read More
A new way to think about visually dynamic tools for financial advisors
As noted in an article from WealthManagement.com, visually dynamic tools with a great education message are a huge weapon for advisors in the modern world. With the kind of advancements we’ve made in fintech, it’s no surprise that investors of today are very much visual learners. We have so many tools that can provide a...Read More
Why prospecting through social media is a must for financial advisors
We all know how important it is to upkeep prospecting techniques if we want to grow our business. The majority of advisors who became successful in the industry are able to do just that by staying focused and disciplined when it came down to building their practice. Along with the constantly evolving world of technology...Read More
The importance of “HENRYs” for Retirement Plan Advisors
Nowadays it seems that high earning millennials are a very popular topic for financial advisors, or more importantly the approach on how to appeal to them. 401kSpecialistMag remarks that they are a fast-growing segment of the population and “retirement plan professionals risk losing them to robos if they ignore the opportunity.” Advisors really need to...Read More
From Client to CEO: Does Portfolio Crash Testing Really Work?
At Larkspur-RiXtrema, we create great tools for advisors. Our tools combine quantitative rigor with user friendly interfaces and often, a measure of prospecting to help an advisor grow their business. Lately we have been focusing many of our blog posts on Portfolio Crash Testing (PCT). Those of you who have spoken with me about PCT...Read More
Your 1 Minute Case Study On 401K Retirement Plans: Ultimate Plan Optimization
This week’s case study will focus on plan optimization from the 401kFiduciaryOptimizer database. As to be expected, northwestern parts of US which have a predominantly mountainous terrain and subsequently low density population areas also have less and much more scattered retirement plans in comparison to the highly populated areas in the country. So finding the...Read More
15 Weekly Stats: Week of August 6, 2018
Matt Meyer and Michael Robinson are founders of The BluePrint Insurance Services. Their mission is to be the premier insurance partner for RIAs and comprehensive financial advisors. The BluePrint provides an operational insurance platform that allows our partners to provide the highest level of insurance access and support. We feature weekly update with permission: Contact...Read More
See how one financial advisor stays ahead of the competition
Prospective clients often treat advisors with indifference until they see a reason to engage with you. How do you engage them, earn trusted advisor status and separate yourself from competition? Watch a short video to learn how one advisor does in a video he made himself:
Analyzing the Do’s and Dont’s of Twitter Marketing for Financial Advisors
An article from The DigitalFA on the 43 Twitter Tips and Treats for Financial Advisors, provides excellent advice for financial advisors who are using Twitter to grow their business or are planning to integrate it into their marketing strategy. While every single point is important there are a few that will separate a successful twitter...Read More
5 Articles for your weekend reading list: August 3, 2018
Here are five suggested articles to read this weekend: 1. Cryptocurrency Comes to Retirement Accounts – While debate continues to rage over the efficacy of investing Bitcoin and other so-called cryptocurrencies in retirement accounts, platforms are increasingly available to make it happen. The latest, Equity Trust Company, announced that it has launched its digital asset...Read More