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Unlock Your Potential: Building a Fee-for-Service Personal Financial Planning Practice Course – January Edition
Are you a CPA looking to elevate your practice or perhaps seeking to transition into the field of personal financial planning? This October, we’re thrilled to offer an exclusive course designed just for you: Building a Fee-for-Service Personal Financial Planning Practice. Whether you’re a seasoned personal financial planner or a newcomer, this course is tailored to help you construct a robust, client-centric practice that thrives on transparency and value. Why Fee-for-Service? In a financial world dominated by commissions and product sales, the fee-for-service model is gaining traction for its transparency and client-focused approach. Here’s why this model could be the game-changer your practice needs: What You’ll Learn Our course is meticulously designed to cover every aspect of establishing and growing a fee-for-service financial planning practice. Here’s a glimpse into what you can expect: 1. Understanding the Fee-for-Service Model 2. Building Your Business Foundation 3. Client Acquisition and
Join Paraklete Financial, Inc. – Revolutionizing Personal Financial Planning
At Paraklete Financial, we’re changing the way personal financial planning is delivered. Our firm is growing rapidly, and we’re looking for individuals who value integrity, objectivity, transparency, and excellence in their work—qualities that are more important than ever in today’s world. As CPAs, we understand that clients rely on us as their trusted advisers. At Paraklete, we are a CPA firm solely focused on personal financial planning, offering both virtual multi-family offices and virtual family offices to meet the needs of our diverse client base. Our firm’s name, Paraklete, means advocate, counselor, and one who walks alongside you. This is the philosophy that guides everything we do for our clients and their families. We are excited to offer two remaining spots in our exclusive course, Building a Fee-for-Service Personal Financial Planning Practice. This proprietary program is a 24-hour Continuing Professional Education (CPE) event that will help you master the skills
Medicare Open Enrollment: What You Need to Know
Medicare Open Enrollment begins on October 15, marking a critical period for anyone currently enrolled in Medicare or about to enroll. During this time, individuals have the opportunity to review their Medicare coverage and make changes that better suit their needs. But what exactly is Medicare Open Enrollment, and what should you be aware of when considering your options? What is Medicare Open Enrollment? Medicare Open Enrollment, also known as the Annual Election Period (AEP), runs from October 15 through December 7 each year. During this period, Medicare beneficiaries can make changes to their coverage, including switching from Original Medicare (Parts A and B) to a Medicare Advantage Plan (Part C), moving back to Original Medicare from Medicare Advantage, or switching between different Part D prescription drug plans. This time is critical for ensuring that your healthcare coverage aligns with your medical needs and financial situation. However, with the start
UGA Terry College of Business Alumni Newsletter features donor spotlight on Susan Tillery, President & CEO of Paraklete Financial Inc.
We are excited to share the October 2024, UGA Terry College of Business Alumni Newsletter which features a special donor spotlight on Susan Tillery, President & CEO of Paraklete Financial Inc. Susan Tillery (BBA ’80) dreamed of one day joining the FBI. But everything changed when she took her first UGA tax course, recalling the advice her father gave her before she became a Bulldog: “Make sure you enroll in the business school.” She graduated with a BBA in 1980 and earned her MAcc the following year. Shortly thereafter, she began her career with Arthur Andersen in the tax department. She later moved to estate planning, where she discovered her love for personal financial planning. Now, Tillery is President and CEO of Paraklete Financial Inc. and President of Financial Planning Advocate LLC, a provider of continuing education for CPAs and financial advisors. In addition, Tillery and her husband, Tom, co-authored a textbook used by
Unlock Your Potential: Building a Fee-for-Service Personal Financial Planning Practice Course – October Edition
Are you a CPA looking to elevate your practice or perhaps seeking to transition into the field of personal financial planning? This October, we’re thrilled to offer an exclusive course designed just for you: Building a Fee-for-Service Personal Financial Planning Practice. Whether you’re a seasoned personal financial planner or a newcomer, this course is tailored to help you construct a robust, client-centric practice that thrives on transparency and value. Why Fee-for-Service? In a financial world dominated by commissions and product sales, the fee-for-service model is gaining traction for its transparency and client-focused approach. Here’s why this model could be the game-changer your practice needs: Transparency and Trust: Clients know exactly what they’re paying for, which fosters trust and long-term relationships. Alignment of Interests: You’re compensated for the time and expertise you provide, not for selling specific products, ensuring your advice is always in the client’s best interest. Sustainable Revenue
Managing Risk with Insurance Products: AICPA Course on Risk Management & Insurance Planning
In our firm, we look for alternatives to insurance products in our application of risk management in a client’s personal financial plan. That being said, risk management on many occasions will require insurance products. They play a crucial role in an integrated personal financial plan. It involves identifying potential risks that could threaten an individual’s financial stability and implementing strategies to manage these risks effectively through various insurance products. This process includes evaluating the need for different types of insurance coverage, such as health, life, disability, long-term care, and property and casualty insurance. By obtaining appropriate insurance, individuals can safeguard themselves and their families from significant financial losses caused by unforeseen events like illness, accidents, or natural disasters. Effective risk management through insurance ensures that a financial plan remains robust and capable of supporting long-term objectives, even in the face of life’s uncertainties. Managing Risk with Insurance Products is a
NOTE: The views expressed are those of the author as of the date noted, are subject to change based on market and other various conditions. Material discussed is meant to provide general information and it is not to be construed as specific investment, tax or legal advice. Keep in mind that current and historical facts may not be indicative of future results. The information contained in our presentations have been compiled from third party sources and is believed to be reliable; however, accuracy is not guaranteed.
