A closer look at the new Tax Clarity updates: pass-through deduction

Posted on June 07, 2018

At the beginning of April, Covisum rolled out four new features to the Tax Clarity® software. The new pass-through deduction feature is particularly important for advisors with certain clients who own small businesses. The update allows advisors to demonstrate the impact of the deduction for pass-through income and the phase-out of the deduction under the 2017 Tax Cuts and Jobs Act.

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Posted in FinancialPlannng, Tax Cuts and Jobs Act, Taxes, Blog, In The News, Tax, Tax Clarity, Tax Reform

The 7 books (and papers) everyone with an interest in financial tech should read

In honor of Financial Literacy Month, Covisum President, Joe Elsasser,CFP®, has created a reading list for anybody with an interest in the financial tech industry. As you know, this is evolving. Financial advisors, finance students, and those working in fintech can benefit from this reading list.

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Posted in Blog, Free Download, Joe Elsasser, White Paper, Grow your business

Get to know Frank Oliver, member of The Arrow Group

Posted on May 04, 2017

Frank Oliver, III, is president and founder of Oliver Financial Group. Frank is a recognized national speaker on retirement planning and financial literacy. He draws upon his expertise in retirement, proactive tax planning, maximizing Social Security, and family wealth transfer to effectively guide families to make sound financial decisions.

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Posted in Blog, Social Security, The Arrow Group

How to approach ‘A Fine Mess’ of a tax code before Trump reform

Following the failed attempt to repeal and replace the Affordable Care Act, President Trump signaled that his next big effort would be to reform the tax code. But a few weeks later, he said an overhaul of the tax code would be pushed back so another attempt to repeal Obamacare would be a priority.

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Posted in Blog, Fiduciary Rule, Free Download, In The News, Tax, Tax Clarity, Tax Reform, White Paper

Closing the deal: first meeting must-do’s

Contributed by Joe Elsasser, CFP® president of Covisum

You've done it. You've created a business and marketing plan. You've promoted your seminar, successfully filling the room with the right audience. Several potential clients have reached out to you to follow up and create retirement plans for them. Success!

But, wait. How will you close the deal? Preparing for your initial meeting with a prospect is critical. We break it down into easy steps.

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Posted in Blog, Free Download, Industry Advice

Generate the right leads for your practice

Katie Godbout, Marketing Strategist

Recently, we talked about how to create a strategic marketing plan. Now, let's build on that.

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Posted in Blog, Free Download, Industry Advice, Marketing, Marketing Strategies

Behind the scenes at The Arrow Group meeting in Omaha

Financial advisors from all over the country rallied in Omaha, Nebraska, April 4 and 5 at the Embassy Suites by Hilton Omaha Downtown Old Market.

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Posted in Blog, Covisum Team, Industry Advice, Marketing, Marketing Strategies, Risk, Social Security, Tax, The Arrow Group

Why advisors should care about explaining risk

Understanding and explaining risk to clients

By Renaud "Ron" Piccinini, PhD

Why should advisors care about explaining risk?

Clients typically don't know how to feel about their portfolio returns. If they made a 5% return last year, should they feel good or bad? The answer to that question lies in the amount of risk that has been taken. Think about it like this — a young man comes home and tells his parents that he earned $500 last week. How should they feel about it? It depends. If he earned

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Posted in Blog, Risk, SmartRisk

Grow your business through The Covisum Process

Covisum offers more than just software. We’ve developed a process that involves training and support to set you up for success. We believe in improving lives through better financial decisions. We provide a AAA experience through awesome support, actionable client reports, and aligned interests. And we’ve got a proven process to help our customers succeed. Want to join a winning solution? Here’s how it works:

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Posted in Blog, Covisum Team, Marketing Strategies, Software Programs

Covisum™ acquires PrairieSmarts’ risk technology to expand its suite of retirement planning tools

With Covisum’s newest technology acquisition, you’ll be able to estimate a client’s portfolio risk, show them in a concise report and help their bottom line.

Covisum has acquired a powerful risk management platform called SmartRisk — a move that expands its suite of retirement planning tools and moves it closer to unveiling a singular web-based platform later this year.

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Posted in Acquisition, Blog, Covisum Team, In The News, Risk, SmartRisk, Software Programs