Page 41 - Michael Kitces News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Eileen Sharkey remembered as legendary financial planning pioneer Sharkey leaves a solid legacy as a mentor, friend, colleague, educator and staunch proponent of quality financial advice. April 26, 2021 5 MINS The financial planning industry is mourning the passing of Eileen Sharkey, one of the industry’s pioneers, who leaves a solid legacy as a mentor, friend, colleague, educator and staunch proponent of quality financial advice. Sharkey, co-founder of the Denver, Colorado-based financial planning firm Sharkey Howes & Javer, died April 19 due to recently developed med...

AdvicePay Launches Financial Plan “Deliverables” For Enterprise Compliance Oversight Share Article Deliverables further extends AdvicePay’s enterprise capabilities by providing an integrated, technology-enabled platform to centralize the financial plan payments and compliance review of financial plan deliverables, minimizing the regulatory risk of “fee-for-no-service” Deliverables allows enterprises to systematically track, report, and manage the financial planning deliverables that their financial advisors produce, to ensure both quality control, compliant advice recommendations, a...

AdvicePay launches tool for enterprise oversight AdvicePay, the payment tool co-founded by Michael Kitces, is trying to make it easier for large advisory firms to adopt different fee models. April 7, 2021 2 MINS AdvicePay, the payment processing platform launched by XY Planning Network founders Alan Moore and Michael Kitces, announced Wednesday that it is launching Deliverables, a tool designed to centralize the financial planning payments and compliance review process for large hybrid registered investment advisers.  Deliverables is a centralized platform that will sys...

Called Deliverables, AdvicePay's latest advancement is the "final step" in an all-in-one fee-for-service platform. Fee-for-service payment processing platform AdvicePay is adding a new feature, representing a major expansion into compliance. Called Deliverables, the oversight tool will be part of AdvicePay’s core offering, helping enterprises to systematically track, report and manage the financial planning documentation produced by their financial advisors. The feature’s launch comes just days after the firm celebrated $100 million in financial planning fees having passed through ...

William Bengen, the creator of the Why the change of heart? Low inflation. Bengen’s initial assumptions were that inflation would run close to its historical norm of 3%. But given the ultra-low levels of inflation that prevailed for much of the past decade, his view was that a higher starting withdrawal, combined with smaller annual adjustments thereafter, would likely be sustainable. But he added a caveat: “We won’t know for 30 years, so I can safely say that in an interview.” Fast forward half a year and the possibility of higher inflation is a hot topic, thanks to the prospect of...