Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information that CFP Board introduced this week that it’s splitting into two separate organizations with the identical management however completely different nonprofit statuses. By switching to 501(c)(6) nonprofit standing, the brand new CFP Board of Requirements may have expanded skills to advance the planning career by lobbying and extra focused promoting messages to develop the ranks of CFP professionals.
Additionally in business information this week:
- Why money administration methods might change into more and more essential components of an advisor’s worth proposition in a higher-interest-rate setting
- Why improved returns on money merchandise might be a double-edged sword for some advisory shoppers following final yr’s market volatility
From there, we’ve got a number of articles on apply administration:
- Why advisors might be the large winners in terms of competitors amongst custodians and the entry of software program suppliers into the area
- Why rising rates of interest won’t be a significant hindrance to RIA M&A exercise within the yr forward
- How shopper conduct analysis may also help advisors choose one of the best technique for elevating their charges
We even have quite a few articles on money stream and budgeting:
- Why spouses can profit from having completely different views on cash and the way advisors may also help foster constructive communication between companions on monetary points
- How advisors may also help shoppers shift the spending paradigm from ‘desires versus wants’ to contemplating one of the best methods for attaining their spending priorities
- How advisors may also help shoppers (and their kids) perceive the potential dangers of utilizing ‘purchase now pay later’ companies
We wrap up with three closing articles, all about time administration:
- Why making an attempt to optimize downtime can result in burnout
- A method for guaranteeing that relationships don’t fall by the wayside
- How distant employees can shake up their work at home routines
Benefit from the ‘mild’ studying!
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