- Master Registered Financial Consultant (MRFC)
Choosing a financial advisor can be rough. That’s especially true considering the alphabet soup that often follows their names. However, a Master Registered Financial Consultant (MRFC) can be useful to an investor and their financial plan. Learn about this designation,… read more…
- What Is a Certified Financial Fiduciary (CFF)?
There are many credentials for financial professionals, and it can be difficult to distinguish one from another. A Certified Financial Fiduciary (CFF) is a relatively new certification that brokers, financial advisors, insurance agents or other professional may acquire. A CFF… read more…
- Tax Implications of Selling a Small Business
Selling a small business means income, and income means taxes. But the way you structure the deal can make a major difference on how much of the sale price goes to taxes and how much stays with you. This includes… read more…
- How to Calculate the Selling Price of a Business
Thinking about selling your business? There are several ways to calculate the selling price of a business — but not everyone agrees on what method is best. Here’s a breakdown of the most popular options to determine the value of your… read more…
- How to Find a Financial Advisor You Can Trust
Working with a financial advisor can be helpful if you need advice on creating a retirement savings plan, getting out of debt or reaching another financial goal. But they’re working with your money and have to earn your trust. You can find this trust by interviewing potential advisors or using recommendations from others you trust,… read more…
- Is It Worth Paying a Financial Advisor 1%?
A financial advisor can give valuable insight into what you should be doing with your money to reach your financial goals. But they don’t offer their advice for free. While the typical annual financial advisor fee is thought to be… read more…
- S Corp vs. C Corp: What’s the Difference?
Several factors distinguish the tax advantages of both S Corps and C Corps. Choosing the C Corp or S Corp status for a business can have a sizable effect on its future, growth and investor base. There’s no easy answer… read more…
- Should You Choose S Corp Tax Status for Your LLC?
If you have a limited liability company (LLC), electing to tax it an S corporation could be helpful. Of course, the process for choosing a tax status is entirely dependent on your business’s financial situation. There are numerous factors at play… read more…
- How Do Financial Advisors Make Money?
Working with a financial advisor can be a great idea if you need help managing your investments or creating a financial plan for the future. But before you work with a financial advisor, it’s important to understand how they make… read more…
- What Is a Certified Financial Educator (CFEd)?
The world of finance is often challenging for many consumers. However, financial professionals who hold the Certified Financial Educator (CFEd) designation communicate complex financial ideas in simple, understandable terms. Let’s break down how a CFEd can help you better understand… read more…
- What Is a Registered Financial Consultant (RFC)?
Creating and sticking to a financial plan is challenging, if not impossible, for many Americans. That’s why some enlist a financial advisor or consultant to keep them on track. Some partner with a Registered Financial Consultant (RFC) to do so.… read more…
- What Is a Certified Financial Education Instructor (CFEI)?
A certified financial education instructor (CFEI) is a professional who has completed specialized training to teach essential money management skills to diverse audiences. This designation is awarded to individuals who demonstrate a strong understanding of personal finance topics and the ability to effectively educate others through proven teaching methods. By earning a CFEI certification, instructors… read more…
- What Is a Certified Exit Planning Advisor (CEPA)?
If you’re a business owner, you’ll most likely be facing many complicated decisions when it comes time to retire. After all, selling a business is a major life event. To help you navigate this complex transition, consider consulting a certified exit planning… read more…
- What Is a National Social Security Advisor (NSSA)?
A National Social Security Advisor (NSSA) is a professional designation that signifies expertise in Social Security benefits and strategies. NSSA advisors are trained to help individuals and couples make informed decisions about their Social Security options, aiming to maximize benefits based on unique life circumstances. This designation is earned through specialized training and examination, equipping… read more…
- The Best Cities for Frequent Flyers – 2019 Edition
If you’re a frequent flyer, odds are you want to make your life as easy as possible when you have to jet off somewhere. But not all cities are equally equipped to facilitate your next adventure to the friendly skies. From the number of airports in a given area to the total number of nonstop… read more…
- What Commissions Do Financial Advisors Earn?
When looking for a financial advisor, make sure you ask how they’re compensated. Some earn a commission as a fee-based advisor, while others might be fee-only. Advisors will also likely charge you a percentage of your investments, as well as… read more…
- Charles Schwab Review
Long before investing disruptors E-Trade and Betterment came on the scene, there was Charles Schwab & Co., Inc. A maverick since its inception in 1973, Charles Schwab brokerage cut its fees by half when the Securities and Exchange Commission (SEC)… read more…
- What Is an Investment Advisory?
When you need financial advice, an investment advisory is one pace you can turn. Generally speaking, an investment advisory is a firm that helps its clients with developing an investment plan to grow wealth strategically. Here’s how investment advisory firms… read more…
- What Is a Financial Planner, and What Do They Do?
A financial planner can help you manage your money with an emphasis on your long-term goals, like retirement or paying off debts. In order to achieve this, a financial planner will help their clients formulate a customized plan for meeting their… read more…
- Accredited Wealth Management Advisor (AWMA)
An Accredited Wealth Management Advisor is a wealth manager specializing in high-net worth clients. It’s a designation bestowed upon experienced advisors working with high-net-worth clients. Also, it’s or for advisors with broad financial knowledge who wish to specialize in high-net-worth… read more…
- What Is the Series 53 Exam and License?
An investment professional who supervises municipal securities trading for a securities firm or bank dealer needs a Series 53 license. The Series 53 exam, also called the Municipal Securities Principal Qualification Examination, evaluates the knowledge and expertise of a municipal… read more…
- What Is a Certified Retirement Financial Advisor (CRFA)?
No matter where you are in your career, sooner or later you’ll be approaching retirement. While you should start saving now for your post-working life, consulting with a certified retirement financial advisor (CRFA) could be one move toward making sure… read more…
- What Is a Certified Fund Specialist (CFS)?
A certified fund specialist (CFS) is a financial services professional who has acquired advanced expertise in choosing and managing mutual funds. The certification is typically obtained by those already working in the financial industry, including accountants, investment bankers, brokers, money managers and certified financial planners. Learn more about the qualifications for earning a CFS credential… read more…
- What Is a Certified Medicaid Planner (CMP)?
A Certified Medicaid Planner (CMP) is a specialized professional who helps individuals and families understand the complex rules and requirements of Medicaid, particularly when it comes to long-term care and asset protection. As the costs of healthcare and elder care continue to rise, many people are concerned about how to qualify for Medicaid benefits without… read more…
- The Series 9/10 Exam and License
The Series 9 and Series 10 exams assess the attributes a general securities sales supervisor needs for their job. They are administered by the Financial Industry Regulatory Authority (FINRA). They’re also prerequisites for becoming a brokerage branch manager. Here’s how… read more…