Are You Running a Practice or Building a Scalable Advisory Business?
By Practice Management Group on Jun 02, 2025
There’s a subtle but powerful distinction that separates two types of financial professionals — and understanding where you fall can have a dramatic impact on your growth, profitability, and ultimate exit strategy. So, let us ask: Are you a Financial Advisor who happens to own a busin …
Key Highlights for Financial Professionals and Business Owners
By Practice Management Group on May 16, 2025
As the economic landscape evolves and tax policies shift, it’s essential for financial advisors and business owners to stay ahead of potential legislative changes. The following proposed reforms aim to provide greater predictability, simplify compliance, and adjust incentives in both …
Navigating Market Volatility: Control What You Can and Communicate What Matters
By Practice Management Group on May 05, 2025
In times of market volatility, uncertainty reigns—and that uncertainty can cause even the most level-headed clients to question their strategy, their advisor, and their future. But while we can't control the markets, we can control something even more powerful: our communication and o …
Benefits of a Written Income Plan
By Practice Management Group on Apr 16, 2025
Most people spend their working years focused on one big goal: retirement. But something surprising happens when they actually get there. Many retirees find themselves looking at a pile of savings — IRAs, 401(k)s, maybe a pension or two — and realizing they don’t have a clear plan for …
How Retirement Spending Changes With Time
By Michael Canet, JD, LLM on Jun 12, 2024
Once away from work, your cost of living may rise before it falls. New retirees sometimes worry that they are spending too much, too soon. Should they scale back? Are they at risk of outliving their money? This concern is legitimate. Many households “live it up” and spend more than th …
Build Your Rainy Day Fund
By Practice Management Group on Jun 12, 2024
Like an emergency fund, it can come in handy. Sometimes, life gets expensive. A little bad luck or a twist of fate can hit us right in the checkbook and challenge us to live within our budget. An emergency fund may help us handle major financial disruptions. For the minor ones, a rain …
A Retirement Fact Sheet
By Practice Management Group on Jun 10, 2024
Some specifics about the “second act.” Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you.