Enjoy the latest issue of Weekend Reading for Financial Planners – this week’s edition kicks off with news announced this week by the CFP Board. The CFP Board will be split into two separate bodies with the same leadership but different non-profit status. By switching to 501(c)(6) nonprofit status, the new CFP Standards Board will advance planning professionals through lobbying and more targeted advertising messages to elevate the status of CFP professionals. expand your ability to
Also, this week’s industry news:
- Why cash management strategies can become a key part of an advisor’s value proposition in a high interest rate environment
- Why improving returns on cash products is a double-edged sword for some advisory clients after last year’s market volatility
From there, there are several articles on practice management.
- Why advisors can be big winners when it comes to competition between custodians and the entry of software providers
- Why rising interest rates won’t be a major obstacle to RIA M&A activity in the year ahead
- How Consumer Behavior Research Helps Advisors Select the Best Strategies to Raise Fees
There are also many articles on cash flow and budgeting.
- Why spouses can benefit from viewing money differently and how advisors can help foster positive communication between partners on financial issues
- How Advisors Can Help Clients Shift Their Spending Paradigm From “Wants vs. Needs” To Considering The Best Strategies To Achieve Spending Priorities
- How Advisors Help Clients (and Their Children) Understand Potential Risks of Using “Buy Now, Pay Later” Services
Finally, we conclude with three articles on time management.
- Why Trying to Optimize Downtime Leads to Burnout
- Strategies to keep relationships from getting out of whack
- How remote workers can change their work-from-home routines
Enjoy your “light” reading!