Beyond Investments: How Advisors Are Growing AUM with Holistic Planning-Course recording

Video Transcription

Video Summary

Andrew Altfest, CEO of FP Alpha, engaged in a webinar with Alex Deno from CG Financial Services to discuss holistic financial planning. FP Alpha assists financial advisors by using AI to analyze clients' financial documents, helping identify opportunities and gaps. The webinar covered why holistic planning is crucial, estate planning, tax strategies, and the business side of comprehensive planning. The session highlighted the importance of building relationships with the next generation and increasing the value of advisory services beyond investment performance.<br /><br />Alex discussed CG's holistic client approach, emphasizing personalized services and streamlined processes to enhance client experiences. This approach aims to empower clients to advocate for CG's services. They maintain a proactive schedule, or "surge scheduling," ensuring regular engagement in areas like estate and tax planning.<br /><br />During the webinar, Alex shared examples of effective estate and tax planning strategies, including visual aids to clarify complex family scenarios. Additionally, they explored tax management strategies, such as Roth conversions and donor-advised funds, to optimize tax outcomes. The conversation also addressed the Great Wealth Transfer, highlighting strategies to engage younger clients and stay ahead of industry changes. The session concluded with interactive Q&A and resources for attendees, including an estate planning checklist and an upcoming webinar announcement.

Keywords

holistic financial planning

FP Alpha

AI analysis

estate planning

tax strategies

surge scheduling

Roth conversions

Great Wealth Transfer

client engagement