7 key RIA M&A trends; planning for polyamorous clients; FP’s March Continuing Education quiz
Financial Planning
The leading resource of news, data and analysis for the wealth management industry.
PRACTICE AND CLIENT MANAGEMENT: Registered investment advisory firms should learn some new terms and M&A dynamics that reflect a much different market from only a few years ago, a new study says.
Those concepts include "mini-mega merger," an "equity-culture revolution" and the "race to institutionalize," management consulting and transaction advisory firm Advisor Growth Strategies LLC said earlier this month in its annual RIA M&A report about the key themes shaping negotiations and deals. Check out the most important findings here.
WEALTH MANAGEMENT: Most of the financial planning clients that Xena Financial Planning, LLC founder and president Danika B Waddell, MS, CFP?, RLP? sees are couples or single people. When a polyamorous trio called her for advice, she was a little surprised.?
That "throuple" contained two women, who are married to each other, and one man. They owned a home together and plan to have children in the future. Some parts of their ethically nonmonogamous relationship presented no particular financial planning challenges.?
Other planning areas were more difficult, as Ingrid Case reports. Here’s how advisors can help clients who are in nontraditional committed relationships.
CONTINUING EDUCATION: Quick question for you —?if a self-employed client files an extension for taxes, what’s the latest date in 2024 at which they can fund their SEP IRA?
Know the answer? (Or not?) If you’re interested in earning an hour of CE credit, head over to our March 2024 quiz now.?
Earn your credit: Financial Planning’s March 2024 CE Quiz
Get the latest in wealth management and financial planning news here.?
Fantastic insight! Have you considered leveraging predictive analytics to personalize your content strategy? This approach can significantly enhance engagement and conversion rates.