January 2021 NAPFA Advisor Magazine - Full Issue-January 2021 NAPFA Advisor Magazine

January 2021 NAPFA Advisor Magazine - Full Issue

Pdf Summary

Financial planners must find a balance between personal touch and technology. Introducing new technology requires clients to invest time in learning, so benefits must outweigh the burden. Tailoring technology to clients' preferences is crucial. Planners should also consider their own tech experience and its impact. Finding this balance is an ongoing process. This issue of NAPFA Advisor covers succession planning, hourly fees, client relationships, and diversity and inclusion in financial planning. <br /><br />"Succession Planning" by Dina Megretskia emphasizes defining terms and understanding during mergers. "10 Myths of Hourly Fees for Financial Planning" by Mark Berg and Matthew Jackson challenges misconceptions about hourly fees. "Understanding Relationships Increases Your Bottom Line" by Michelle R. Donovan explores the use of behavioral style assessments. The Chicory Wealth profile highlights their commitment to diversity and inclusion. Overall, the issue provides valuable insights on various planning topics.

Keywords

financial planners

balance

personal touch

technology

invest time

tailoring technology

client preferences

succession planning

hourly fees

diversity and inclusion