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

If you're a Board Director, you may want to consider opening a Defined Benefit retirement plan #definedbenefithttps://t.co/Olhy9RRpLw

8:45 PM 18 June 2019

Dedicated DB@ DedicatedDB

Here are proposed changes with the new retirement bill so you can plan accordingly via @forbes #SECUREActhttps://t.co/HhYNdM54w8

7:36 PM 18 June 2019

Dedicated DB@ DedicatedDB

America’s retirement accounts are growing, but not fast enough via @cnbc #retirement #retirementplanning https://t.co/4euu45sAjW

6:15 PM 18 June 2019

Dedicated DB@ DedicatedDB

Top 10 estate planning mistakes and how to avoid making them via @natlawreview #estateplanning #estatetax https://t.co/FNUFkKCFm0

5:15 PM 18 June 2019

Dedicated DB@ DedicatedDB

The latest Secrets of the Self-made! https://t.co/2o9eqJUavQ Thanks to @AWM_Reno @hondajet @weareLCR4 #smallbusiness #business

7:35 PM 17 June 2019

Dedicated DB@ DedicatedDB

According to Mark Cuban, the formula for success is based on two simple words via @inc @mcuban #selfmade #success https://t.co/l7Xyt8GYjy

5:28 PM 17 June 2019

Estimate contribution and deduction with our DB calculator Try it now

Send this to a friend