Helping Clients Decide When to Claim Social Security
Deciding when to claim Social Security is a multifaceted decision for people as they approach retirement age. With so many factors to consider, such as employment situation, ongoing financial needs and the dollar reduction from claiming early, clients need professional guidance to make the best decision for their needs. Here are just a few of the considerations your clients should consid...
How AI Will Affect Financial Planning
Financial advisors are already exploring the transformative potential of artificial intelligence (AI) in their industry. The AI in Wealth Management Report by Accenture found that 87% of financial advisors want to implement AI more into their daily activities. Explore how advisors can expect AI to affect the client experience, risk analysis and portfolio management. Elevated Client Exper...
Lessons Learned from Previous Recessions
Amid worries of a recession, advisors need to help their clients be prepared and feel ready for whatever happens next. Many lessons can be learned from previous recessions and how investors adapted, including strategies that avoid risk and the best places to put money when planning for the long term. Revisit Your Clients’ Budgets and Expenses One of the most common concerns during recess...
Tax Planning in the Season of Giving
The holiday season is a time for giving. And while helping others is its own reward, people can easily overlook charitable deductions and other incentives they’re entitled to during tax season. You can help your clients take advantage of these opportunities and avoid common mistakes. The 2022 tax year features rule changes from the 2021 tax year that affect how charitable tax deductions ...
