Financial Planning Advocate, LLC

Building a Fee-for-service Personal Financial Planning Practice We are offering our Building a Fee-for Service Personal Financial Planning Practice course on Oct 21-23 and Oct 28-30, 2024. This online CPE course is offered over 6 days and provides participants with knowledge and resources to build and implement a fee-for-service, integrated personal financial planning model, without asset management or product sales. Case studies and guest speakers in the disciplines of banking/investment/law/life coaching and tax will provide participants with unique insights into building collaborative teams as part of the personal financial planning process. Participants will leave with a proven action plan developed over 20 years, as well as written best practices for firm operations and the entire personal financial planning process, including proprietary standard operating procedures. The deadline to register for this course, which provides 24 hours of CPE, is Oct 8th. Due to the interactive nature of this course, class size is limited and only available to CPA/PFS credential holders and CPA/PFS candidates. For more information and a link to sign up, click on this link: https://lnkd.in/e-pHWnyb

Susan Tillery?(BBA ’80) dreamed of one day joining the FBI. But everything changed when she took her first UGA tax course, recalling the advice her father gave her before she became a Bulldog: “Make sure you enroll in the business school.” She graduated with a BBA in 1980 and earned her MAcc the following year. Shortly thereafter, she began her career with Arthur Andersen in the tax department. She later moved to estate planning, where she discovered her love for personal financial planning. Now, Tillery is President and CEO of Paraklete Financial Inc. and President of Financial Planning Advocate LLC, a provider of continuing education for CPAs and financial advisors. Please keep reading— https://lnkd.in/eczWkRPy #TerryCollege #UGA #PersonalFinancialPlanning #FinancialEducation #ScholarshipFund #MAccStudents #ParakleteFinancial

Paraklete Financial is pleased to announce the grand opening of its newest office in Boca Raton, Florida. This expansion marks a pivotal moment for the firm as it continues to grow its presence in the region. The Boca Raton office will be under the leadership of Matthew Blumberg, CPA/PFS, a distinguished professional in the high net-worth tax planning sector. Please Keep Reading— https://lnkd.in/eqC-J6HN

Unlock Your Potential! Are you a CPA looking to elevate your practice or perhaps seeking to transition into the field of personal financial planning? This October, Paraklete? Financial is thrilled to offer an exclusive course designed just for you: Building a Fee-for-Service Personal Financial Planning Practice. Whether you’re a seasoned personal financial planner or a newcomer, this course is tailored to help you construct a robust, client-centric practice that thrives on transparency and value. Take a look: https://lnkd.in/eNKE2zNv

In our firm, we look for alternatives to insurance products in our application of risk management in a client’s personal financial plan. That being said, risk management on many occasions will require insurance products. They play a crucial role in an integrated personal financial plan. It involves identifying potential risks that could threaten an individual’s financial stability and implementing strategies to manage these risks effectively through various insurance products. This process includes evaluating the need for different types of insurance coverage, such as health, life, disability, long-term care, and property and casualty insurance. Please keep reading to learn more: https://lnkd.in/ebH7Q2iK

In a significant move to bolster financial transparency and combat illicit activities, the U.S. Securities and Exchange Commission (SEC) and the Financial Crimes Enforcement Network (FinCEN) have proposed new regulations requiring investment advisers to identify their customers. Please Keep Reading to learn more – https://lnkd.in/eKaHGGuq

Navigating Roth 401(k) Changes in 2024 – The SECURE 2.0 Act has introduced significant changes to Roth 401(k) plans which directly impacts an individual’s retirement planning strategies. Click the link to read about the breakdown of key updates and how they influence personal financial planning: https://lnkd.in/eUkYU8pe

In today’s dynamic business environment, effective risk management is crucial for CPAs. The AICPA-CIMA course on Risk Management provides comprehensive training on identifying, assessing, and mitigating various business risks. Updated and now in its seventh year this course covers key aspects such as operational, financial, compliance, and strategic risks, ensuring that professionals are equipped to protect their organizations and clients. For more information, please keep reading — https://lnkd.in/exxczsCV

Chicago, Illinois – August 1-2, 2024: As a CPA, are you ready to begin offering personal financial planning to your clients? Join us for an exclusive event, hosted by Avantax, featuring renowned personal financial planning expert, Tom Tillery, as he brings his wealth of knowledge to Chicago, Illinois with PFSLive!. Tom Tillery is a seasoned expert in the field of personal financial planning, with decades of experience helping individuals navigate the complexities of managing wealth. As a sought-after speaker and educator, Tillery has empowered countless people to achieve their financial goals through his practical insights and strategies. For more information about this event, please click on the link. https://lnkd.in/e_Fh8HgV

Personal financial planning is not just about managing individual finances; it also encompasses planning for business owners and their enterprises. In an increasingly competitive job market, effective planning can significantly enhance employee benefits as part of a benefits package, such as a 401(k) plan. One valuable strategy for business owners is educational assistance programs, which can benefit both employees and employers. The IRS’s recent FAQ release, FS-2024-22, clarifies several aspects of these programs. To learn more, please keep reading — https://lnkd.in/gnpU5ek3