Hidden Value is a column in ThinkAdvisor where Joe Elsasser, CFP®, answers common questions with insights advisors and their clients may not have considered. This week he takes a closer look at Monte Carlo simulations.
Posted in Risk, portfolio risk, Financial Planning, Joe Elsasser, Risk Tolerance, ThinkAdvisor, Hidden Value, financial advisor, Income InSight
Social Media... Not Just for Millennials
If you use seminars to attract new prospects, social media marketing and advertising can be an effective tool to help you take those seminars online, promote your event and help your firm grow.
Posted in Marketing, Marketing Strategies, seminar, social media, Facebook
Covisum recently hosted an employee celebration event to mark the successful launch of Income InSight®. This new financial planning platform deeply integrates with multiple tools to provide a clear view of retirement for clients. At the event, Founder and President, Joe Elsasser, CFP® presented the first-annual Covisum President’s Awards.
Posted in Culture
Business Growth: Marketing & Referrals
Prospecting is necessary for growing your practice, but maintaining your current client base is equally important — and it actually can contribute to growth.
Showing your existing clients areas where you can add money to their retirement can deepen their trust in you, securing their commitment and even leading them to tell their friends and family about you. Tax Clarity® subscribers can attest to the power of using the topic of taxes and the software
Posted in Tax, Tax Clarity, Tax Map, Clients, Grow your business, Taxes, Tax Cuts and Jobs Act, Tax Law, New Tax Law
Forbes Finance Council: An Annual Checkup Can Keep Your Retirement Plan Healthy
Posted on
April
10,
2019
Which accounts should you be tapping, and in which order?
In a recent article for Forbes Finance Council, Covisum Founder and President Joe Elsasser, CFP® suggested that regular checkups with a financial advisor are the key to a healthy retirement plan. Help your clients make the most of their annual meeting with you with these tips.
Posted in Retirement, Financial Planning, Joe Elsasser, Forbes, financial advisor
April is Financial Literacy Month
The United States has recognized Financial Literacy Month during the month of April since 2004. Financial advisors have a unique opportunity to help educate others, and one great way to improve financial literacy among the general public is by conducting educational seminars. Covisum® President and Founder, Joe Elsasser, CFP®, is a practicing financial planner and has been hosting seminars in partnership with the Omaha Public Library system for the past
Posted in seminar, Financial Planning, financial advisor, Financial Literacy Month
Income InSight Q&A
Posted on
April
05,
2019
The retirement planning platform you’ve been waiting for has arrived: Income InSight™. Income InSight quickly and easily shows the impact of different decisions within a client’s financial plan. Covisum’s newest tool resolves conflicts commonly seen between loosely-integrated planning tools and deeply integrates with Covisum’s other tools: Social Security Timing®, Tax Clarity®, and SmartRisk™, to provide clients with a clear vision of their retirement.
I sat down with Joe Elsasser, CFP®,
Posted in Joe Elsasser, Income InSight
Since 2004, the United States has recognized April as Financial Literacy Month and focusing on financial literacy is important now more than ever. According to the National Financial Educators Council (NFEC), a lack of financial knowledge cost Americans collectively more than an estimated $295 billion in 2018.
Posted in Retirement, seminar, Financial Planning, Advisor, financial advisor, Financial Literacy Month
Clients don’t always understand the interactions between different types of income and deductions, leading to potentially significant tax inefficiency in their retirement strategy. Recently Joe Elsasser, CFP®, hosted a webinar to help advisors identify which accounts clients should withdraw from, and when, in order to make better retirement strategy decisions. The webinar is now is now available for on-demand viewing. Watch the webinar when and where it's convenient for you.
Posted in Retirement, Tax, Tax Map, Webinar, Taxes, Income InSight
Intense Winter Storm Leads to Devastating Floods
For most of us at Covisum, we've never seen devastation from floods like we're seeing right now.
In my lifetime, my basement has flooded a time or two. It's probably happened to each of the Nebraska natives who work here. I've had a swampy back yard countless times. Flash flood warnings from The Weather Channel are a norm for us in the spring. But this year is different.
Posted in Covisum Team, Culture
