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Weekend Studying for Monetary Planners (October 14-15)


Benefit from the present installment of “Weekend Studying for Monetary Planners”: This week’s version begins with a brand new research from Herbers & Firm that gives perception into the monetary planning companies shoppers demand most and what companies are provided by monetary advisory firms extra regularly. . The research additionally recognized components that separated firms experiencing the best natural progress from others, together with providing a complete set of companies, having a better “shut” fee with potential clients, and, maybe counterintuitively, a scarcity of satisfaction. with the expertise of its purchasers.

Additionally in business information this week:

  • A FINRA Basis research has discovered that objectively knowledgeable buyers are inclined to pay much less in funding charges, whereas those that understand themselves to be skilled are inclined to pay extra
  • A brand new report reveals how professional bono monetary planning can profit not solely monetary advisors and their professional bono purchasers, but additionally advisory companies.

From there, now we have a number of articles on school planning:

  • How the FAFSA kind and its calendar have modified for this 12 months and the way advisors can help purchasers within the monetary help course of
  • How the lesser-known CSS profile performs an necessary function in figuring out monetary help for a lot of households, significantly these with college students making use of to personal faculties.
  • How the Non-public Faculty 529 Plan Allows Households to Save for Faculty and ‘Lock in’ Present Tuition Prices at a Large Vary of Non-public Schools

We even have a sequence of articles on observe administration:

  • How making a “household” setting can allow monetary advisory companies to advertise worker well-being and retention
  • What firms can do throughout candidate choice and onboarding processes to advertise the psychological well being of recent workers
  • How taking a step again to articulate a imaginative and prescient after which permitting workers to work towards that imaginative and prescient utilizing their distinctive expertise can enable an organization and its individuals to thrive.

We conclude with 3 last articles, all about analysis and happiness:

  • How groups of teachers are working to uncover flawed analysis practices, which have resulted within the retraction of articles in quite a lot of fields that acquired important media consideration.
  • New research examines whether or not earlier analysis on what makes individuals blissful was rigorous sufficient
  • A thought experiment that may assist advisors and their purchasers handle the stability between saving and spending.

Get pleasure from ‘mild’ studying!

Learn extra…




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