Magson contributed the chapter “The Art and Science of Great Financial Planning,” focusing on:
- Good financial advice — a goal-driven process that begins with establishing objectives.
- Getting on board with state-of-the-art technology.
- Addressing four types of risk.
- The necessity of estate planning.
- Incorporating the key tenants of behavioral finance.
- The cost and value of exceptional financial advice.
The book, written by Knull and 39 expert contributors, shares a balanced, researched and robust exploration of best practices advisors can use to improve the quality of advice and financial plans they provide to clients. It also shows how a quality plan is an effective and prudent solution to help firms and advisors comply with the DOL Conflict of Interest Rule and fiduciary standards. Exploring Advice seeks to initiate a conversation during a time when firms and advisors seek to improve the quality of advice in an increasingly challenging environment and helps advisors examine ways to better serve the best interests of their clients.
“We are thrilled to participate in such an important industry initiative to further educate the advisor community on how to not only comply with the DOL changes but also improve the quality of service provided to clients,” Magson said. “Contributing to industry conversations and educating advisors is deeply rooted in 1st Global’s purpose, and being a part of this book was a great way to further advance those efforts.”
In this unprecedented forum, Knull brings together 39 of the industry’s most sought-after thought leaders, including CEOs and executives from wirehouses; regional, independent and retail broker-dealers; global and regional banks; investment advisory firms; a leading ERISA attorney; and even a former commissioner of the
“1st Global’s reputation and commitment to delivering good financial advice has made them a thought leader in the industry,” Knull said, “and I am honored to have
For the full list of contributors and to purchase the book, please visit www.ExploringAdvice.com.
About 1st Global
1st Global was founded in 1992 by CPAs who believe that accounting, tax and estate planning firms are uniquely qualified to provide comprehensive wealth management services to their clients. 1st Global is a research and consulting partner that provides CPA, tax and estate planning firms with education, technology, business-building framework and client solutions that make these firms leaders in their professions through dedicated professional client relationships built around wealth management. Around 400 firms have chosen to affiliate with 1st Global, making it one of the largest financial services partners for the tax, accounting and legal professions.
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Securities are offered through 1st
Source: 1st Global