This week’s round up includes advisors who go beyond investment advice, climate change and investment, time management for advisors, applying ‘Michelin three-star’ concept to advisors and ways to save money on taxes before year’s end.
Advisors Who Go Above and Beyond, up to a Point
Many advisors go beyond investment advice when it comes to supporting their clients. Helping to negotiate the purchase of a new car, finding a mortgage broker or serving as a neutral party in a family dispute can be natural extensions of their role as a trusted advisor. But the key to managing their clients’ out-of-the-box requests, is knowing when to see a task through and when to step aside and let another professional take over.
When Time is Money, Managing It Is Crucial to Success
Managing time in the age of 24/7 availability and can prove challenging for any service professional. A 2014 study of time management from the Financial Planning Association (FPA) found that time management was particularly challenging for financial advisors: Only 13 percent of those surveyed said they felt in control of their time and 50 percent reported feeling out of control.
Climate Change and Choosing Where to Invest
While climate change has captured the interest of world leaders, investors continue to struggle with connecting their desire for a better planet with their need for investment returns — or even to understand how climate change could affect their portfolios.
Via New York Times
Are You a Michelin ‘3-Star’ Financial Advisor?
Every financial advisor should be striving to be exceptional in the eyes of their affluent clients. See how this advisor is using the Michelin Guide that rates restaurants. We think the concept can be applied to wealth management teams.
What Makes the Modern Investor Different?
The effect new technologies have on the financial services industry should not be overlooked as expectations around client experience have been heightened by the intuitive technologies that have become part of our daily lives.
Via Docurated
10 Ways to Save Money on Taxes before Year-End
With 2015 coming to a close, you still have time to take steps that can lower your 2015 taxes. Here are 10 ways to save money on taxes before the year comes to a close.
Via Trust Advisor
Of course, when it comes to retirement plans, we have solutions that are more suitable for high income self-employed individuals and small businesses than this article includes. Click here to learn more.