Kitces.com

We're excited to announce some of the latest happenings here at Kitces.com, such as not only continuing to offer IAR CE through Nerd's Eye View blog articles, but, starting this year, expanded IAR CE eligibility to our webinars as well, along with more frequent CE webinars and reinvesting heavily into making the platform easier to use. Here are some highlights for this year so far: -The Return of Kitces IAR Ethics CE Day: August 29, 2024 -New "Optimizing Roth Conversions" Course -Expanded Support For Multi-Advisor Groups And Large-Firm Enterprises -New Kitces Marketing Study Results On How Advicers Actually Do Marketing -Upcoming Opportunities With Our Kitces Team Of Nerds https://lnkd.in/e-W63Y-v

The Secure 2.0 Act passed in 2022 provided a new 'escape valve' for individuals who, for whatever reason, found themselves with more funds in their 529 plan than they could use on qualified higher education expenses. The new law created the ability for a 529 plan beneficiary to roll funds over tax-free from a 529 plan to a Roth IRA, subject to several key limitations. Kitces Senior Planning Nerd Ben Henry-Moreland, CFP®, EA shares important details to note: -The "15-Year" Rule For The 529 Plan Itself -The "5-Year" Rule For Contributions To The 529 Plan -How Earned Income Impacts Annual Rollover Limits https://lnkd.in/efXjupwH #advicers

The Federal Trade Commission (FTC) in April of 2024 announced a final rule banning most non-competes nationwide that is expected to take effect (pending legal challenges) on September 4, 2024. To comply with the rule, employers are required to provide written notice to relevant workers, letting them know that their non-compete agreements are unenforceable and will not be enforced. In this article, we cover: -The ban on existing and new non-competes -A key exemption to the ban -Non-solicits that might become even more prevalent? -Potential next steps like crafting more equitable non-solicits as their use rises https://bit.ly/3ywncA0 #advicers

We really do take your feedback seriously! Every year, we ask you – our readers – for feedback about what you want to make this website even better for you, to ensure we stay on the right track in adding value to the advicer community. Over the years, Nerd's Eye View reader feedback has shaped everything from the visual design, to the ongoing expansion of our Members section from offering CFP to now CPE credits for CPAs and IAR CE, and much more...! Tell us what you want to see from us now: https://bit.ly/3JWAdVQ #advicers

Many advisors using the affiliate model don't really 'see' the fees that they pay to their affiliate platform, since the only revenue they see is what's left over after the platform has taken their fee. Which in turn makes it more difficult to assess how much the advisor is really paying the affiliate platform, and what they're receiving in exchange for their fee – and ultimately, whether the amount that the advisor is paying the platform is worth what they're getting in return. In this article by Kitces Senior Planning Nerd Ben Henry-Moreland, CFP®, EA, he compares how different affiliate platforms have different payout rates, and why advisory affiliate platforms with the highest payouts aren’t always the most profitable for advisors. https://bit.ly/4b6JTsk

4 valuable articles by David Haughton, JD, CPWA®on Kitces.com!

An in-person retreat can be a powerful tool to help a virtual team get many of the benefits of face-to-face collaboration without requiring the team to be physically together all the time. Kitces Managing Editor Sydney Squires shares how the fully virtual Kitces team constructs its biannual team retreats – and how other leaders of virtual teams can also plan and execute a retreat of their own. In this article: - Deciding on a theme - Retreat planning timeline and checklist - Setting dates, price and location https://bit.ly/4965HTE

Why should you attend the 2024 Kitces Marketing Summit? At the Kitces Marketing Summit, we understand the unique challenges facing advisors today. That's why we've curated a one-of-a-kind event designed to equip you with actionable solutions to transform your marketing efforts and drive tangible results. Purchase your pass by March 11 and receive an Exclusive Summit Early Bird Gift Pack! Thursday, April 25, 2024 12:00 - 4:00 PM EDT https://bit.ly/3uGrYJv #KitcesMarketingSummit

Arguably, though, the DoL still misses the true significance of the role that advisor titles play. One of the most straightforward ways to re-assert a clearer line for consumers between advice and sales is simply for the DoL to permit insurance agents and brokerage representatives to continue to be salespeople… so long as the professional does not hold themselves out as being a financial advisor or market that they offer financial planning. Such a "Salesperson's Exemption", would apply to salespersons who: (1) avoided holding themselves out as financial advisors or financial planners, (2) avoided marketing that they offer any financial advice or financial planning services, (3) and provided disclosures on all sales presentations or illustrations to the effect that the engagement does not constitute advice and that the consumer should consult an actual financial advisor about the appropriateness of the sales recommendation. https://bit.ly/49xJtur #advicers

Are your marketing initiatives proving successful? Learn how you can share your success with fellow advicers through a paid speaking opportunity. Join our free 30-minute info session on January 30th at 1:30 PM ET to learn more about the paid speaker role and get your questions answered directly by Michael Kitces and Taylor Schulte, CFP®. Sign up here: https://lnkd.in/ecDTNDgf