What Financial Advisors Are Reading This Week

4th May 2016

Secrets of the Self-made

There’s Still Life in Private DB Plans

Don’t write off defined benefit plans’ business potential. In the right circumstances, cash balance DB plans continue to get a positive response from plan sponsors. This article focuses on larger retirement plans and the advantages of cash balance plans in reducing plan sponsor’s liabilities. Cash balance plans held more than $1 trillion in assets as of 2013.

Via Wealth Management

What Is a Defined Benefit Plan

Many financial advisors and CPAs are looking for ways to help their clients save money on taxes, and build wealth. Defined benefit plans are a good option for high earning professionals, particularly those who are maxing out their 401(k) and profit sharing plan contributions each year such as medical and dental practices and very profitable small business.

Via Dedicated Defined Benefit Services

Q&A: HighTower CEO On Why The ‘Fiduciary’ Rule Falls Short

Personal finance writer Jennifer Barrett interviews Elliot Weissbluth, CEO of HighTower Advisors—a nine-year-old national financial services company with more than $30 billion in assets under management that has long adhered to the fiduciary standard — on what the new rule means for those seeking financial advice.

Via Forbes

Niche Focus Can Bring Efficiency, Effectiveness and Profitability

While competition from increasingly large numbers of advisors make niche marketing an attractive client acquisition strategy, advisors who work in niches say that having a market focus also makes them more effective, efficient and profitable.

Via Financial Advisor IQ

11 Daily Habits of Self-Made Billionaires Anyone Can Adopt

The key to becoming a billionaire is to study billionaires, which is what Steve Siebold has done in his book, “How Rich People Think.” Here are 11 daily habits of self-made billionaires.

Via Business Insider

Dedicated DB@ DedicatedDB

Here are 6 tips to help you plan for retirement via @CNBC #retirement #retirementplanning https://t.co/tD0c161gmR

8:35 PM 19 April 2019

Dedicated DB@ DedicatedDB

Looking for a tax deduction? See how much you can save with our free Defined Benefit calculator #definedbenefithttps://t.co/uwc1ckzVDC

7:34 PM 19 April 2019

Dedicated DB@ DedicatedDB

A 25-year-old YouTuber quit her day job and now makes 6 figures recording herself eating via @money #youtuberhttps://t.co/4BH5ZaL5Nq

5:14 PM 19 April 2019

Dedicated DB@ DedicatedDB

11 strategic topics to discuss at your next meeting with your financial advisor via @forbes #advisorshttps://t.co/Q1ulizP44R

4:15 PM 19 April 2019

Dedicated DB@ DedicatedDB

Financial advisors are innovating their practices too slowly and that may have negative implications for their grow… https://t.co/8JaWYTFuzp

8:55 PM 18 April 2019

Dedicated DB@ DedicatedDB

2019 PR trends are affecting high-income PR professionals, who are opening Defined Benefit plans #PRhttps://t.co/fQDGQILpEF

5:30 PM 18 April 2019

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