The Role of Risk Premium in Financial Planning
In this blog, we’ll explore risk premium with a focus on Multi-Year Guaranteed Annuities (MYGAs), using a case study to illustrate their importance in a diversified portfolio. Risk premium represents the extra return demanded by a planner when opting for a high-risk investment instead of a risk-free one.
RETIREMENT INCOME PLANNING: How the Rules of Investing Change
While Asset Allocation continues to serve long-term growth investors well, the approach was not designed to address the unique needs of the 21st-century retirement income investor. When first introduced by economist Harry Markowitz as ‘Modern Portfolio Theory’ in 1952, the concept was so well received and quantitatively sound, Markowitz was awarded the Nobel Prize in Economics […]
5 Proven Lead Generation Strategies for Financial Advisors
As a financial professional, your success hinges on your ability to attract and convert potential clients into loyal, long-term partners. To achieve this, you need a robust lead generation strategy that not only brings in a consistent flow of prospects but also ensures that these leads are qualified and genuinely interested in your services. While […]
The Crucial Role of Estate Plans in Holistic Retirement Planning
As financial professionals, we understand the significance of offering comprehensive retirement planning solutions to our clients. A holistic approach ensures that their financial future is secure and well-structured. One vital component that often gets overlooked is estate planning. More Americans are starting to realize the importance of estate planning, partially driven by inflation. In fact, […]
Maximize Retirement Income with a Social Security Bridge
Retirement can be tough. Your clients approaching retirement face a series of high-stakes decisions… like when to start taking Social Security benefits. It’s time to start boosting your client’s risk-protected retirement income with a strategy for optimizing Social Security — a ‘Bridge Plan.’ If you’re any kind of wealth manager, insurance agent, or financial advisor, […]
Talk Legacy, RMDs, & Gather BIG Assets
When was the last time you had a client say they wanted to pass money on to their children or grandchildren? If you are like most financial professionals, it was probably very recently. According to an Ameriprise Financial Survey, “77% of Americans plan to leave a financial inheritance for their children or grandchildren, only 64% feel […]
Time to Update Retirement Income Thinking
As financial professionals, we help our clients prepare for a comfortable and secure retirement. But the traditional retirement triad of Social Security, Pensions, and Private Savings is fading: pensions have all but disappeared, the 4% rule doesn’t work anymore, clients are facing longevity risk and sequence of returns risk… Not to mention the impending changes […]
5 Reasons Why Good Leads Go Bad
I’m calling Sandler onto the floor for this blog: Rule #41, the one about “No Bad Prospects, Only Bad Salespeople” must have been written by Sandler on a gloomy day. The truth is, sometimes we get leads that are the ‘red-headed stepchildren’ of prospects. And we’ve ALL BEEN THERE. But when you have good leads – leads […]
The Real Cost of Leads
There are many options to get leads and grow your business. This is a blog about paid leads. Let’s be clear, organic marketing is part of building a healthy brand and generating great leads for your business. Using a paid leads program tries to jump start this process and get you right to the nurturing […]
Climbing the MYGA Ladder
Whether annuities are your primary product or a complementary portfolio solution, Multi-Year Guaranteed Annuities (MYGAs) are emerging as a valuable piece to consider in a retirement strategy. If you’re looking for creative ways to maximize MYGAs, consider a laddering structure. What is MYGA Laddering? MYGA laddering is similar to the concept of CD laddering or […]