LIMELIGHT

 

Your name could appear here. Ever wonder how people get their news highlighted on this page? The best way to get our attention is to email links to your recent media quotes, articles, and other news—along with your Twitter handle, if you have one—to marketing@napfa.org.

 

Catalina Franco-Cicero: “First-generation immigrants are a lucrative but untapped market for wealth managers,” Financial Planning, Feb. 3. Franco-Cicero says, “Some of these clients have a significant amount of wealth. They’re highly skilled, educated and with businesses that were very lucrative (in their country of origin), and, like any other client, they just don’t know what to do.” 

Pat Jennerjohn, Michelle Smalenberger: “Future-Proof Your Firm,” XY Planning Network, Feb. 1. Webinar.

Cody Garrett, Blaine Thiederman, Daniel Yerger: “The FPA Community Weighs in on…Tech Solutions,” Journal of Financial Planning, February. Garrett says, “I encourage financial planners to use technology to supplement and enhance their planning process, but not in an attempt to replace it.” Thiederman says, “My clients understand Zoom, RightCapital, and Calendly and use them without me there to explain anything. Wistia plus MailChimp make creating masterclass marketing funnels easy.” Yerger says, “Becoming familiar not only with how to calibrate [your calendar] to your needs, but also how to use features like meeting polls for groups and automating things like Zoom links can be a time saver and a game changer.”

Danielle Miura: “Danielle Miura on Caring for Others,” Journal of Financial Planning, February. Miura says, “The main thing is surrounding yourself with people who have skills and strengths that are different than yours. … I’ve been really grateful for the support that I’ve received. I’ve had people who looked at my website and gave me opinions. I’ve had advisers who have answered my questions regarding a client’s situation. Don’t be afraid to ask and surround yourself with people who can help you.”

Danielle Harrison: “Save on Child Care Costs 2023: Dependent Care FSA vs. Dependent Care Tax Credit,” The Street, Jan. 30. Harrison says, “Many employers offer the ability to save for child care expenses in a flexible spending account. The contributions are made pre-tax, so any funds contributed are not subject to federal and state income taxes or Social Security and Medicare withholdings.”

Chelsea Ransom-Cooper: “Black-owned RIA leader: How wirehouses can improve on DEI,” Financial Planning, Jan. 27. Ransom-Cooper says, “You can have a diverse workforce, but how are you making sure that things are equitable? Are you making sure that they feel [supported] on their sales metrics that require business development, or just overall key performance indicators that they need to reach?”

Dan Moisand: “CFP Board seeks to unleash the beauty of planning careers,” Financial Planning, Jan. 27. Moisand says, “We have to hit the gas on the front-end marketing and tout the benefits of this career for would-be practitioners.”

Andrew Altfest: “How advisors are leveraging AI for an unfair advantage,” Financial Planning, Jan. 26. Altfest says, “We’re at the tip of the iceberg when it comes to AI and how it’s going to impact all of us in the wealth management industry. And that’s why I think it’s the most exciting time to be an advisor.”

Sarah Ponder: “Having the Freedom to Make Work Work For You: A Conversation with Sarah Ponder,” XY Planning Network, Jan.25. Ponder says that when she changed careers to become an advisor, “I had already saved a lot of money, and so I felt like I could take a leap.”

Danika Waddell: “Advisors celebrate ‘incremental’ diversity gains as the number of CFPs eclipses 95,000,” Financial Planning, Jan. 19. Waddell says, “I don’t want to see in five years that half of these people have left the industry because they couldn’t find a place to work that was supportive. So my big thing: how do we keep these people?”

Danielle Miura, Jay Zigmont: “Ask an advisor: Will Medicaid rescue my ailing mother?” Financial Planning, Jan. 13. Miura says, “If I were you, I would look into EISEP, a New York State program that provides non-medical services such as personal care, adult day care and transportation assistance to seniors who live in their homes.” Zigmont says, “I’d consider hiring an aging care manager to look at their overall situation. You would have to pay for the aging care manager, but they could help with making sure that your parents are getting the appropriate medical care and can often help with what insurance programs they may qualify under.”

Cheryl Costa: “Money advice for ordinary families,” Boston Globe, Jan. 13. Costa says, “We do talk a lot about lifestyle creep: You get into the three-bedroom ranch, and then the next thing you know, you must have a four-bedroom Colonial.”

Kay Dee Cole: “Building Your Business With Intention – A Tale of Transitions As We Check Back In With Kay Dee Cole,” XY Planning, Jan. 11. Cole says, “We started an internship program because we just couldn’t find people.”