Help your clients avoid the "tax torpedo"

Social Security Timing® subscribers have helped clients save for retirement and have given them coaching on when to start taking Social Security benefits. But do you understand the impact of other income on the taxability of Social Security benefits?Understanding how different sources of income interact is critical, according to Greg Geisler in the September, 2017 Journal of Financial Services Professionals. Because of how Social Security benefits are taxed relative to other income, it can

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Posted in Retirement, Tax Clarity, Taxes, Journal of FSP

Tax Implications of Filing for Social Security Benefits Early Versus Filing Late

By Keith McCullough, Director of Support Services

Many of us have heard someone say that Social Security is not going to be around much longer. There are claims that the Social Security Administration will run out of money and will not be able to pay out benefits. Along with those claims comes the suggestions that one should file for benefits as soon as possible. You know, “…it’s better to get a little something back considering you’ve paid into the system for all your working life.”

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Posted in Social Security, Social Security Timing, Tax, Tax Clarity

Women need financial advisors too - shouldn't they pick you?

By Katie Godbout, Director of Sales and Marketing

It's a fact, there are more men working in the financial industry than women. According to the latest data from analytics firm Cerulli Associates, women represent 16% of all advisors. But the U.S. Census Bureau found that women represent more than 50 percent of the population. What does that mean? A whole lot of men in the financial industry need to know how to communicate with women about their finances and retirement plans. Luckily, I found

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Posted in Marketing, Marketing Strategies

Find out how your practice would fare in the next down market

By, Ron Piccinini, PhD, Director of Product Development

From a risk manager’s perspective, a bank is a derivative on interest rates. Similarly, RIA practices can be viewed as a derivative on stock and bond markets. Here’s a quick way to estimate the sensitivity of your practice to markets.

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Posted in Risk, SmartRisk, Ron Piccinini, PhD, RIA, Market Volatility

Investors Chronicle article features Ron Piccinini, PhD

Investors Chronicle published an article, "Does fortune favour the bold?" by  on July 27, 2017.

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Posted in Risk, SmartRisk, portfolio risk, Downside Risk, Investors Chronicle

Live webcast: with the creators of SmartRisk

Advisors, you’ve come to the right place. Join Joe Elsasser, CFP® and Ron Piccinini, PhD, live on November 9 at 3:00 p.m. Central, as they answer your questions about SmartRisk.

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Posted in SmartRisk, Webcast, Joe Elsasser, Ron Piccinini, PhD

WATCH: Don't Be Fooled Into Believing a Portfolio is Diversified

SmartRisk was created for one overarching reason: risk software on the market is based on outdated math, and that math dramatically underestimates risk. Advisors should care about explaining risk to clients because helping them avoid the classic pitfalls that can destroy retirements builds a stronger, more trusting relationship. SmartRisk's massive computing power and sophisticated models properly measure portfolio risk. Join Joe Elsasser, CFP®, President of Covisum and see how SmartRisk can

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Posted in Risk, SmartRisk, portfolio risk, Drawdown analysis, Asset interaction, Free Trial, Demo

UPDATED: Cost of Living Adjustment

Last Friday, Social Security announced the Cost of Living Adjustment (COLA) for benefits payable in 2018. Check out the fact sheet.

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Posted in COLA, Cost of Living Adjustment, Social Security Timing, Social Security Administration, SSA

Why financial advisors never really used beta, and why they are right

By Ron Piccinini, PhDDirector of Product Development

How can you tell if someone went to Harvard? They will tell you within five minutes of meeting them, as the popular joke goes. Similarly, ask any freshly-minted finance MBA or CFA candidate about portfolio construction, and chances are high that you will hear about ‘beta’ in pretty short order. As most advisors know, beta is the key statistic in Modern Portfolio Theory (MPT), and has something to do with the volatility of a stock or asset

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Posted in Risk, SmartRisk, Beta, Ron Piccinini, PhD, Downside Risk

Covisum's president, Joe Elsasser, CFP®, featured in Financial Planning

It's no secret, Joe Elsasser, our company president uses Covisum technology to reinforce measurable value for his own clients in his personal financial practice. He was recently quoted in Financial Planning:

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Posted in Software Programs, FinTech, Financial Planning, Technology, Tech, Joe Elsasser, Referals