Latest ACP Blogs

ACP and Bert Whitehead mentioned, Ken Robinson quoted in Financial Planning article, "Will retainer fees replace the conventional AUM model?", May 4, 2017

By #ACP ACP posted 05-30-2017
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ACP and Bert Whitehead mentioned, Ken Robinson quoted in Financial Planning article, "Will retainer fees replace the conventional AUM model?" , May 4, 2017 Retainer fees first emerged after a 1995 NAPFA conference presentation by the founder of the Alliance of Comprehensive Planners, Bert Whitehead. Only 11.5% of fee-only advisers use quarterly or monthly retainers, according to an estimate by Ken Robinson, an early adopter at Practical Financial Planning in Cleveland. Robinson co-wrote a 2016 study in response, he says, to growing interest in retainers. The Department of Labor’s fiduciary rule, increased competition, a limited market for AUM clients ...
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Ken Robinson quoted in NerdWallet article, "Pay Yourself First: Reverse Budgeting Explained"

By #ACP ACP posted 05-19-2017
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Ken Robinson quoted in NerdWallet article, "Pay Yourself First: Reverse Budgeting Explained",  May 17
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ACP mentioned in Herald-Tribune article, "Fiduciary rule is on ice, but good advice remains available", 3/18/17

By #ACP ACP posted 04-24-2017
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ACP mentioned in Herald-Tribune article, "Fiduciary rule is on ice, but good advice remains available" , 3/18/17 "There are several networks of fee-only advisers, such as The Garrett Planning Network, the XY Planning Network (which lists advisers who specialize in younger clients); the Alliance of Comprehensive Planners and the Certified Financial Planner Board of Standards."
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Four-Step Process to Simplify and Pay Lower Taxes - Step Two

By #ACP ACP posted 04-12-2017
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ACP Member Ed Fulbright , CPA, CGMA, PFS, wrote Why Knowing Your Tax Rate Is Important  for the Spring 2015 Financial Focus. There is a lot of information to digest in his article so we have split it up into four blog posts. Please continue reading to learn Ed's step one of simplifying and lowering your taxes.  Why Knowing Your Tax Rate Is Important By Ed Fulbright, CPA, CGMA, PFS Durham, NC Step One: Understand your filing status . Step Two: Understand what tax bracket you are in now and will be in the future. Federal tax brackets change as taxable income goes higher. (Taxable income is your adjusted gross income minus your deductions and ...
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"Dave Gardner: You can still work with a fiduciary adviser", DailyCamera, 4/1/17

By #ACP ACP posted 04-03-2017
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Dave Gardner wrote an article for the DailyCamera , "You can still work with a fiduciary adviser" , 4/1/17. ACP is mentioned as organization made up solely of fiduciary, fee-only financial advisors.
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Four-Step Process to Simplify and Pay Lower Taxes - Step One

By #ACP ACP posted 03-31-2017
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ACP Member Ed Fulbright , CPA, CGMA, PFS, wrote Why Knowing Your Tax Rate Is Importantant for the Spring 2015 Financial Focus. There is a lot of information to digest in his article so we have split it up into four blog posts. Please continue reading to learn Ed's step one of simplifying and lowering your taxes. Why Knowing Your Tax Rate Is Important By Ed Fulbright, CPA, CGMA, PFS Durham, NC Do you like paying more taxes? If not, then understanding your income tax rate can help. Some people believe that can be as complicated as picking your NCAA tournament brackets. It is not. Here is my four-step process to simplify and pay lower taxes. Step ...
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Tax Planning Throughout the Year Leads to Less Stress with Potential Changes in 2018

By #ACP ACP posted 03-23-2017
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Alliance of Comprehensive Planners members Jonathan Heller and Robert Walsh authored a white paper, Tax Alpha: How to Add Measurable Value with Tax-Focused Financial Planning. They were recently quoted in Financial Advisor Magazine's article Advisors Worried About Tax DayIn 2018 and are not worried, they are planning. We may be on the cusp of filing 2016 returns, but after Dec. 31, 2016, it was too late to worry about 2016. Now we are doing 2017 tax prep work, says Heller. We are not making any moves on what we think might happen. We hope that rates will be lower, but we cant let the tax tail wag the dog. At the same time, financial advisors ...
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Kevin Jacobs talks about his business and marketing on local radio station 2/10/17

By #ACP ACP posted 03-02-2017
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ACP Member, Kevin Jacobs, on local radio station 2/10/17 talking about how important it is to install three different marketing guardrails to ensure that the sales processes you are attempting to implement do not lead you too far astray. Kevin starts around the 8-minute mark
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ACP mentioned and Jake Kuebler quoted in WSJ article "How to Get Conflict-Free Retirement Advice", 2/10/17

By #ACP ACP posted 02-10-2017
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ACP mentioned and Jake Kuebler quoted in WSJ article "How to Get Conflict-Free Retirement Advice", 2/10/17 We want to thank Jake for representing ACP when we were contacted by reporter Anne Tergesen - "I'm writing an article about how to find a fiduciary and would like to know more about ACP. I understand from several people that it is a network of fiduciaries and I'd like to know more about it." Jake and ACP are featured in the article "How to Get Conflict-Free Retirement Advice" Some steps to make sure you get the best fiduciary advice if the government doesnt help Here are a couple of snippets from the article. More fiduciaries try to reduce ...
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WHY THIS MAD DASH TOWARD TAX DAY?

By #ACP ACP posted 01-17-2017
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White Paper Explores Value of Tax Alpha: How to Add Measurable Value with Tax-Focused Financial Planning Published through the Alliance of Comprehensive Planners Authors: Jonathan Heller, CFP(r), CFA, MBA, KEJ Financial Advisors and Robert Walsh, CPA/PFS, CFP(r), CRPC(r), Lighthouse Financial Advisors There is a certain madness in the mad dash toward April 15. The white paper, Tax Alpha: How to Add Measurable Value with Tax-Focused Financial Planning, considers how such planning uniquely informs and positions advisors and tax preparers to guide clients in all aspects of their financial decisions throughout the year mitigating, if not eliminating, ...
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Linda Leitz quoted in The New York Times article "How to Get Financial Advice That Is in Your Best Interest"

By #ACP ACP posted 01-16-2017
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Linda Leitz quoted in The New York Times article "How to Get Financial Advice That Is in Your Best Interest" , 1/13/17
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Frank Corrado and ACP featured in Bob Veres' Inside Information

By #ACP ACP posted 01-10-2017
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Frank Corrado was featured in the January 2017 edition of Inside Information . The article is under the Client Services section, titled "Holistic Planning", and can be found attached. Below is a snippet: "It's a combination of human and financial capital, which unlocks the potential that people have, which i believe really needs to be cultivated better in society." The article went on to mention ACP: "Corrado is a member of the Alliance of Comprehensive Planners, and like most of its members, he does extensive tax planning and tax preparation work for clients. Also, like ACP members he is compensated on a retainer basis. As a career changer, ...
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Joe Alfonso quoted in Financial Planning article, "Social Security savviness still pays off", 12/30/16

By #ACP ACP posted 01-05-2017
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Joe Alfonso quoted in Financial Planning article, "Social Security savviness still pays off", 12/30/16 Specializing in Social Security planning has helped me to differentiate myself from most advisers, who do not have this knowledge, says Joe Alfonso, a CFP and the founder of and principal planner at Aegis Financial Advisory in Lake Oswego, Oregon
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Jane Young quoted in The Wall Street Journal article, "Four Financial Gifts to Consider for the Holidays"

By #ACP ACP posted 12-13-2016
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Jane Young quoted in The Wall Street Journal article, Four Financial Gifts to Consider for the Holidays , 12/12/1
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Angela Dorsey mentioned in TheDollar$tretcher.com's article, "The Costs of Long Term Care"

By #ACP ACP posted 12-09-2016
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Angela Dorsey mentioned in TheDollar$tretcher.com's article, "The Costs of Long Term Care
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JB Batiste highlighted in Kiplinger, "How to Save for Retirement If You Don't Have a 401(k)"

By #ACP ACP posted 12-09-2016
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JB Batiste highlighted in Kiplinger, " How to Save for Retirement If You Don't Have a 401(k) ", January 201
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David Zolt's highlighted in Forbes article, "How Can Retirees Adjust Their Spending For Inflation Without Breaking The Bank?"

By #ACP ACP posted 11-22-2016
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David Zolt's 2013 Journal of Financial Planning piece, Achieving a Higher Safe Withdrawal Rate with the Target Percentage Adjustment . highlighted in Forbes article " How Can Retirees Adjust Their Spending For Inflation Without Breaking The Bank? ", 11/15/1
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Ken Robinson and Jake Kuebler's article in Financial Planning - Why retainer fees are best suited for the new practice landscape,

By #ACP ACP posted 10-21-2016
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Ken Robinson and Jake Kuebler's article in Financial Planning , Why retainer fees are best suited for the new practice landscape , 10/17/1
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Retainer white paper announced in InvestmentNews

By #ACP ACP posted 09-29-2016
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White paper announced in InvestmentNews - Do retainers beat AUM-based fees under fiduciary rule? New paper makes the case for advisers to charge clients flat fees versus fees based on assets given the approaching DOL regulation , 9/7/1
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The Client’s Advantage - Retainer Compensation

By #ACP ACP posted 09-15-2016
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By Robert Roy Reed, Ph.D., CFP(r) Partnership Financial LLC, Columbus, Ohio Partnership Financial LLC has used the retainer model since we began business 20 years ago. We prefer it for two reasons: first, it is to the clients advantage and, second, it allows us to work with a wider variety of people than is possible using other compensation methods. Today I address the first issue: the clients advantage. In the next post, I will discuss how the retainer model allows advisors to work with people at all stages of the financial life cycle: from young people just getting financially established, to older people transitioning out of their working life and ...
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