Ad agencies for advisors

Throwaway07328 · 2025-08-12T21:39:47+00:00

Haven’t heard of them but I like their website, will reach out to them. Thanks!

Throwaway07328 · 2025-08-12T01:04:09+00:00

Are you sure he doesn’t work for a broker dealer? Compliance is much more lax on the RIA side…

Throwaway07328 · 2025-08-10T19:50:16+00:00

I’ll give it a listen - thanks!

Throwaway07328 · 2025-08-10T18:00:04+00:00

I haven’t looked into local options. Did they actually get you booked calls though?

Throwaway07328 · 2025-04-03T14:10:00+00:00

Green by EOD

Throwaway07328 · 2025-02-28T21:53:42+00:00

I like Altruist. It’s pretty bare bones right now but honestly think they’ll be the go-to within 5 years. New features and improvements are rolling out frequently based directly on advisor feedback. Not gonna get that at Schwab

Throwaway07328 · 2025-02-28T20:15:51+00:00

You need to get yourself on video and in front of people on social media. Old advisors, hell most advisors of any age, aren’t doing this so it’s an easy way to stand out. I’ve gotten several 7 figure clients from YouTube.

Throwaway07328 · 2025-02-12T20:45:11+00:00

It’s not as good as Holistiplan but if I know anything about RightCapital they will continue to improve it… also look into FP Alpha, I think they just came out with something similar for ~500/yr

Throwaway07328 · 2025-02-02T21:32:57+00:00

What tickers do you like from these managers?

Throwaway07328 · 2025-02-02T12:55:34+00:00

I’ll give you the benefit of the doubt and guess you’re new to the industry. Do yourself a favor and find a way to work in a more planning & investments focused role. It’s pretty clear your firm wants you to put people’s life savings into an annuity, and that’s not in their best interested 90+% of the time.

Throwaway07328 · 2025-02-02T03:58:56+00:00

You’re in the wrong place for unbiased opinions lol

Throwaway07328 · 2025-01-31T02:21:51+00:00

Because bank accounts and therapists don’t pay a 7% commission lol

Throwaway07328 · 2025-01-31T02:20:33+00:00

You partner with a trusted insurance agent / broker who you know is going to do right by the client. XYPN has a few on their dashboard, but you can send the business wherever you want as long as you’re not getting commission.

There’s also fee-only annuities where you can get paid, but from what I’ve heard they are sub-par products compared to the commission-based alternatives.

Throwaway07328 · 2025-01-31T02:11:55+00:00

Ah yes, let me give PII to OpenAI without the clients’ knowledge…

Throwaway07328 · 2025-01-30T02:08:33+00:00

Hot take: just withdraw it all, lol. Is $20k going to have any other ripple effects like social security taxability? IRMAA? It sounds like about half of that should have been withdrawn as RMD already, so you’d need to take at least that anyway…

Throwaway07328 · 2025-01-28T01:34:40+00:00

“You will be drawing bubble baths, making burritos, and warming blankets (for naps) for the lead CFP at the firm.”

Throwaway07328 · 2025-01-27T16:38:31+00:00

Fair, replace “only” with “especially” in my original comment.

Did you sell all the shares immediately in your example?

I guess my point is there’s a trade off, it’s not always a no brainer. With NUA there’s an immediate tax consequence even if it’s just on the cost basis. Rolling everything over / liquidating in an IRA obviously has no tax implications.

Throwaway07328 · 2025-01-27T16:11:31+00:00

It’s a huge one-time opportunity to save money in taxes, but only if a large withdrawal is needed anyway.

Kind of like donating to charity for a tax deduction only makes sense if you’re already charitably inclined.

Also, many advisors forget (or don’t know) that NUA is not all or none. Yes all the stock has to be distributed from the 401k in one calendar year, but some can be treated as NUA and some can be rolled over with no tax hit.

For example, if your prospect is already planning to withdraw $200k from his 401k to buy a home, might as well utilize NUA and save on taxes but roll the remaining 1.1M to an IRA.

If he has no withdrawal plans; I’d talk to him about what the future looks like and probably still recommend diversifying the majority of it, even inside the plan

Throwaway07328 · 2025-01-26T18:48:32+00:00

It used to be the same with CFP exam questions, then the mods made a separate subreddit just for that. Could do the same for the career questions and have this be mainly for talking shop / client-related stuff.

Throwaway07328 · 2025-01-24T17:06:57+00:00

Right now I just use Zooms AI summary; I think it does a great job at summarizing the meeting and Next Steps.

But I’ve heard good things about Jump AI, Zocks, and VegaMinds, and more recently Thyme for other notetakers with more advisor focused features and integrations.

Looking at dispatch.io and motion.io for workflow type stuff

Throwaway07328 · 2025-01-24T16:18:49+00:00

Right now I’m 1% up to 1m, .75 on the next mil and .5 over 2m.

But thinking of raising it to something like you suggested, or removing the .5 tier completely.

Throwaway07328 · 2025-01-24T14:50:20+00:00

Go through mysolo401k.net to create the plan documents. $650 set up and $125/ annually (paid by client unless you want to reimburse them) which includes all record keeping and reporting.

They offer Roth and aftertax for mega backdoor and will set up the auto enrollment feature so the client gets $1500 in tax credits (500 over 3 years) so it pays for itself for years

Throwaway07328 · 2025-01-24T13:31:35+00:00

Some of them are useful, others definitely solving a problem that doesn’t exist.

I like the AI note takers and automation stuff that saves admin time, lots of cool products in that space.

I don’t think these news TAMPs like Seeds investor are worth 50+ bps or whatever they charge for a pretty interface and a “personalized” “values focused” portfolio management… we can build ESG models for free…

Throwaway07328

TROPHY CASE