Talking to clients about their personal relationships may be awkward, but they are essential conversations to have for effective financial planning. In How to Talk to Clients About Money and Marriage published in WealthManagement.com Michael Rousseau shares his tips for that conversation.
As a financial planner working with clients at all stages of their financial life, you likely have clients who want to make sure their adult children take the right financial path as they start their careers.
CCR Wealth Management Partner Jonathan Albano offers three important points of guidance for financial advisors working with clients who have children who have recently graduated from college. In Post-College Financial Planning and Debt Relief Tips for Your Clients’ Children, recently published in Financial Advisor Magazine, Jonathan gives three specific tips for advising these clients, noting that:
Every parent wants to see their children make wise choices—and avoid mistakes the parent made at their age. And many people who start earning money for the first time develop bad habits with bill payment and credit cards unless shown the proper path. Sharing best practices with a client’s adult child is also a prudent relationship management best practice. The advisor can strengthen client retention efforts with the parent, lay groundwork for a new client relationship with the child and increase the chance of getting referrals from both.
As volatility becomes the norm and double-digit gains become an anomaly, it’s time to boost your contacts with your clients to keep them content. In the article pulished on welathmanagement.com, Setting Client Expectations in a Volatile Investment Environment, CCR’s Chief Investment Officer, John Maher discusses the importance of communicating with clients.
When it finally comes time for the last grown child to venture out on their own, it’s an important milestone for all. In How Advisors can Help Clients Facing an Empty Nest, Michael Rousseau discusses the importance of supporting your clients during this time.
In today’s heightened politico world, advisors have to keep clients focused on their real financial goals. In Keeping Politics Out of the Portfolio, published on ThinkAdvisor.com, Jonathan Albano talks about the importance of taking a clients politically fueled emotions out of their investing strategy.
IF YOU OWN YOUR OWN DENTAL PRACTICE, YOU’VE JOINED THE RANKS OF NEARLY 30 MILLION OTHER SMALL BUSINESS OWNERS ACROSS THE COUNTRY. In the Dentistry IQ article, Thinking of Selling Your Dental Practice? Four Things You Should Know, Mark Palmerino gives his key considerations any dental practice owner should be thinking about as you begin to mull a sale of your business.
Bitcoin has been luring some investors with potentially huge rewards—and scaring others away with equally big risks. Should it be on your investment shopping list on Black Friday?
The cryptocurrency can certainly be volatile. Earlier this month, for example, it plummeted 25% over five days after concerns grew that a new currency called Bitcoin Cash, which promises to speed up transactions, would make Bitcoin itself a less attractive payment option.
In How to Help Small Business Owners Prep for a Sale, Mark Palmerino gives four keys to assisting clients looking to retire.
Caveat Emptor may never have been a more fitting caution than for those looking to enter the cryptocurrency craze. This piece is written in response to numerous inquiries CCR Wealth Management advisors have fielded from clients interested in these digital currency opportunities, or simply out of curiosity.
How to have a clear-eyed, sober conversation with investors who feel the bull market is long in the tooth.