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Michael Kitces, MSFS, MTAX, CFP®, CLU, ChFC, RHU, REBC, CASL

Partner and the Director of Wealth Management for Pinnacle Advisory Group

Michael is publisher of the e-newsletter, The Kitces Report, and the financial planning industry blog, Nerd's Eye View. Michael's work has been featured in Financial Planning, the Journal of Financial Planning, Journal of Retirement Planning, the Wall Street Journal, Bloomberg Businessweek, and other media. He co-authored, The Annuity Advisor, with John Olsen and Tools & Techniques of Retirement Income Planning, with Steve Leimberg and others.

Michael received one of the Financial Planning Association’s Heart of Financial Planning Awards and has been honored similarly by other industry publications. He is a co-founder of NexGen, a community that aims to ensure the transfer of wisdom, tradition, and integrity from the pioneers of financial planning to the next generation of the profession.

Making Financial Planning More Efficient

Financial planning may be valuable for clients, but it's time-consuming to deliver as a financial advisor, which impacts everything from the price that advisors charge for a financial plan, to the breadth of clients that can be served, and the staffing and technology infrastructure to deliver financial planning advice. In this session, we explore the latest Kitces Research study on "How Financial Advisors Really Do Financial Planning", to understand how long it really takes to create and deliver a financial plan, where time-savings opportunities are (or are not), the role of staff support in scaling financial advice, how technology impacts planning efficiencies, and the interaction between planning expertise (in the form of advanced designations like CFP certification), experience, and niche specializations, in making the delivery of financial planning more efficient.

 

Tuesday, October 20, 2020 

12:30 - 1:20 p.m. EST