And it shouldn't be, says Mitch Anthony. It should be a healthy, happy balance between vacation and vocation. Originally posted at The Street.com by Robert Powell April 25, 2019 The whole premise of retirement -- the leisure myth -- is a bit bothersome. So said Mitch Anthony, the founder and president of Advisor Insights [...]
Learn how investors really feel about money and why Originally posted at MarketWatch.com, by Morey Stettner Ask financial advisers what they discuss with their clients and you’ll usually get a one-word answer: money. Money of course can be a springboard for delving into all kinds of personal issues. But few advisers dig deep enough to [...]
Learn how investors really feel about money and why Ask financial advisers what they discuss with their clients and you’ll usually get a one-word answer: money. Money of course can be a springboard for delving into all kinds of personal issues. But few advisers dig deep enough to learn how their clients really think and [...]
The Department of Personal Financial Planning in the College of Human Sciences at Texas Tech presents the Life Centered Financial Planning certificate. Industry pioneer Mitch Anthony, founder of the Financial Life Planning Institute, developed the curriculum to teach both the personal skill sets and discovery methodologies, according to a news release. Two Tech staff members, [...]
In his heyday, Larry Bird was recognized as the ultimate three-point shooter. In 1986, a championship year, he made 82 threes. His team, the Boston Celtics, made 138 total. The league average was 77. In the 2015-2016 season, all-star guard Stephen Curry made 402 three-point shots. His team, the Golden State Warriors, made over a [...]
Originally posted in FA magazine. When financial advisors have conversations about investments with their clients, there’s usually something missing—a dialogue in which the advisor can discover a client’s particular perspectives on important money issues. I’m talking about those issues that will inevitably lead to the flourishing or floundering of any well-intentioned plan. It’s awfully difficult [...]
“Try not to become a man of success, but rather try to become a man of value." -- Albert Einstein Regardless of how you felt about the late John Bogle, we can all agree on one thing—the mutual fund pioneer was a disruptor. He looked at investing in a whole new way and changed the [...]
In this podcast, Michael Kitces interviews Mitch Anthony about becoming an invaluable voice in your clients’ lives. This AICPA podcast is a sneak peek into Mitch’s session, You and Your Clients, at the 2019 Advanced Personal Financial Planning Conference at AICPA ENGAGE. Mitch talks about how to connect with your clients in a way that [...]
“Don't let money run your life, let money help you run your life better." --John Rampton, CEO of Due Like lots of other industries, the financial services community is transitioning as boomer markets mature, and younger generations—both Gen Xers and millennials—evolve. Don’t get me wrong—boomers are still an important part of any financial practice and [...]
“The only two things that really make you happy are having your health and people that love you, and money can't buy either one." -- Warren Buffet I recently spoke at a conference in England and was pleased to learn that my talk hit close to home for a lot of people in the audience—and [...]
Originally posted at Financial Advisor, by Mitch Anthony. Given the choice of addressing either an effect or a cause, a strategic thinker would always prefer the latter. A person constantly putting out fires without understanding the cause has a limited ability to control situations. Yet I’ve observed that the majority of financial advisors seem to be [...]
Originally posted at Money Marketing If you had told me 10 years ago that not only would I be a chartered financial planner but that I would enjoy it so much I would be reading about the “science” of retirement and the “new retirementality” in my spare time, I reckon I would have asked you [...]
Originally posted at Kitces EXECUTIVE SUMMARY As the pressures of commoditization on investment advice continue to increase, more and more advisors adopting financial planning and wealth management services for their clients. Yet compared to the world of investing – where an advisor’s value proposition can be clearly articulated and measured in dollars and cents – [...]
Originally posted at Financial Planning Today , by Julie Lord. Over many years the big insurance and investment companies have been portraying retirement as one big vacation where sensible savers can play golf or lounge about on sandy beaches, living their retirement dreams. The same companies are guilty of scaring people about how much money they will [...]
Originally posted at Reno Gazette Journal , by Brian Loy. The average American spends four decades dreaming and saving for retirement. Some transition well. Others struggle. Advertisers portray retirement as a life of leisure – endless walks on the beach and rounds of golf. But as Mitch Anthony wrote in “The New Retirementality,” playing golf every [...]
Originally posted at Financial Advisor, by Mitch Anthony. “Let us have faith that right makes might; and in that faith, to that end, dare to do our duty, as we understand it.” —Abraham Lincoln I certainly could not have predicted the outpouring of sentiment I received after writing my last article, “Harsh Lessons in Modern [...]
Originally posted at Financial Advisor, by Mitch Anthony. Imagine the feelings that horse traders had 110 years ago upon hearing about the “horseless” carriage. Their sentiments had to range from incredulity (“How can you pull a carriage without a horse?”) to cynicism (“Who’s going to take a chance on this unproven contraption?”) to utter disdain, [...]
by Mitch Anthony “The trouble with retirement is that you never get a day off." - Abe Lemons, Oklahoma City University basketball coach In a recent New York Times article about planning for retirement, the reporter laid out a year-by-year plan of action for people expecting to retire in about five years. The advice included: Five years [...]
by Mitch Anthony “In the truest sense, freedom cannot be bestowed; it must be achieved.” -- Franklin D. Roosevelt Recently I read that 42 percent of Americans plan to downsize, in part to help stretch their retirement dollars. The article also talked about other reasons for downsizing: less maintenance, smaller utility bills, and lower property taxes. To [...]
by Mitch Anthony “To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills” -- Alan Greenspan Every so often, we all need to get back to basics. When it comes to your own practice, it pays to [...]