Fred Barstein

The Wealth Strategies Journal Daily Download for August 20, 2024 presents summaries of key posts for the past day including the following: •Adam Hirsch, Battle of Wills: The Uniform Probate Code Versus Empirical Evidence (Sep. 26, 2023) •Internal Revenue Service Issues Important Interim Guidance on Employer Matching Contributions Made to Retirement Plans Related to Employee Student Loan Payments (Aug. 19, 2024) •John Townsend, Federal Tax Procedure: Ninth Circuit Denies Taxpayer’s Refund: Key Insights for Tax Professionals (Aug. 15, 2024) •Kathryn P., Kiplinger: The “Unretirement” Trend – Why More Retirees Are Returning to Work (Aug. 15, 2024) •William Gale, Julie Gnany, Urban-Brookings Tax Policy Center: Asian American Tax Disparities (Aug. 14, 2024) •Internal Revenue Service, Security Summit Release New Written Information Security Plan to Help Tax Pros Protect Against Identity Thieves, Data Risks (Aug. 13, 2024) Follow this link to learn more: https://lnkd.in/dXXP_F3W #taxation #estateplanning #financialplanning #wealthtaxstrategiesjournal #practicemanagement

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We had a GREAT #webinar Tuesday with Mike Saunders sharing how an Authority Positioning Portfolio® can help you become known as the most credible advisor so you gain authority, trust, and more clients! Watch the replay and see how advisors are applying this knowledge at https://lnkd.in/eNCGCCYs

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TODAY at 1 PM ET/10 AM PT: What Makes Betterment for Advisors Better for Planning-Focused Advisors Register Here: https://hubs.ly/Q02sKslP0

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How can financial advisors ensure they’re measuring what really matters? In last week’s episode of “Planning & Beyond,” Sarah Fallaw, Ph.D. explores the crucial role of validity when assessing client risk tolerance. From understanding how clients make decisions to ensuring accurate portfolio management, this episode offers essential insights for advisors looking to improve their client relationships and financial strategies. Tune in now on Spotify and Apple Podcasts! Links down below. #PlanningAndBeyond #FinancialAdvising #ClientTrust #WealthManagement

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🎉 We're honored that the eMoney Summit has been named one of the Best Conferences for Financial Advisors under the "Going Home to Your Advisor Community" category, especially on the heels of our successful 2024 Summit last week! Thanks to the Michael Kitces team and all of our amazing clients who attend Summit each year. You inspire us to keep raising the bar! 😊 #eMoneySummit24 #financialplanning #financialplanningsoftware

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FPSB released global consumer research that reveals clients of CERTIFIED FINANCIAL PLANNER professionals show a strong level of trust in their financial planners. View Infographic to learn more about working with a CFP professional: https://lnkd.in/gz7Zur5J #CFP #financialplanning #research

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Pushing default retirement plan investments down a path of customization! The more data that retirement plan participants input about themselves, the more customized and tailored target date funds can become. The value of this concept, however, is dependent upon the secret sauce to success in the retirement plan ecosystem: participant engagement. https://lnkd.in/erqzH47Z

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In the midst of recent announcements from large recordkeepers regarding guaranteed #LifetimeIncome solutions, the topic is becoming increasingly important, yet there are still some advisors who are hesitant to discuss these solutions with clients 👉 https://lnkd.in/eyZh-78t We had the opportunity to speak with Michael De Feo, Head of Defined Contribution Distribution at Allianz Life Insurance, about the reasons behind this reluctance and how modern guaranteed lifetime income solutions, including #Annuities, have evolved to help address these concerns, as well as the importance of education and equipping advisors with the necessary tools to promote these products.

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FPSB's global consumer research reveals clients of CERTIFIED FINANCIAL PLANNER professionals show a strong level of trust in their financial planners. View Infographic to learn more about working with a CFP professional: https://lnkd.in/gz7Zur5J #CFP #financialplanning #research

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Join the seasoned experts from MacKay Municipal Managers for an exclusive muni market update on their five key muni themes. Secure your spot: https://lnkd.in/e7FtUns7 Accepted for 1 CFP® / IWI / CFA CE Credit #MunicipalMarket | #MunicipalBonds | #Munis | #Investing | #Investments

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This fall, Flourish is releasing a number of exciting platform updates that aim to further improve the advisor experience and support advisors' ability to more easily serve their clients. ➡ Next up: Advisors can now easily view beneficiary information for client Flourish Cash accounts – including name, allocation amount, and date last updated – by selecting the 'Beneficiaries' tab on the household overview page. Learn more and stay tuned for future updates! https://lnkd.in/e3iCSkDd #cash #wealthmanagement #financialplanning A Flourish Cash account is a brokerage account offered by Flourish Financial LLC. Flourish Financial LLC is not a bank. An advisor’s ability to view client account information is subject to applicable privacy laws and clients' consent to such sharing. 

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Dreaming of sudden wealth for retirement is risky. Instead, focus on traditional methods like saving, investing in a retirement fund, and being consistent for long-term financial security. Heather Jordan, a CFP® Professional, discusses the 3 basic steps in retirement planning: https://lnkd.in/gVp4JwDj

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Another new bonus episode of "The Written Advantage: Success Stories from Financial Advisor Authors." I interview Dan Cuprill, CFP and author of six books. I've also been privileged to work with Dan as a client. Discover Dan's journey as an author and his words of wisdom for financial advisors who want to write a book! Link to the podcast is in the first comment.