September 2022: Regulatory/Fiduciary Update
COVER STORY
Examining Regulatory Risk
By Ken C. Joseph and Anna Povinelli
Among the SEC’s enforcement priorities for next year is the new marketing rule. There are several intentional and unintentional regulatory pitfalls that advisers need to avoid.
PRACTICE MANAGEMENT
Remotivating Employees to Get Back into Growth Mode
By Tammy Breitenbach
Employees in stasis need help prioritizing new goals. Some people might plateau, and there are several techniques for bringing that spark back.
FPA NEXT GENERATION PLANNER
Featured Article
How Emotional Intelligence Can Deepen Your Client Relationships
By Kristine McManus, CRPS
My Career Path
Abby Hasling on Finding Your Way and Finding Your Voice
Tips for the NexGen Community
The FPA Community Weighs in on Client Red Flags
YAFPNW
Helping Large and Small Clients at Scale with JD Bruce, CPA, PFS
By Hannah Moore, CFP®
Planning a STUDY GROUP? Check out suggested questions and other resources to make your study group a success!
COLUMNS
Retirement
The Power of Using Illustrations to Educate
By Alexandra Armstrong, CFP®, CRPC
Examples bring financial concepts to life when clients can’t grasp the importance of their decisions and how that will affect their portfolios in the long term.
Tax Planning
Implications of SECURE Act 2.0 on Retirement Decumulation Strategies
By William Reichenstein, Ph.D., CFA
The revised SECURE Act would push back the age for RMDs, but the tax on accounts is still a concern. Is it really better to delay RMDs as long as possible?
Your Practice
What Happens After the Initial Financial Plan Is Complete?
By Charesse Spiller
There are three different approaches you can take to servicing clients, and each has their pros and cons in managing client expectations as you move into the implementation phase.
Serving Diverse Clients
The Challenges of Being First
By Dawn Harris
First-gen college students may face emotional and financial trials their peers don’t. Helping them foster ideal money habits can have broad impacts in their families.
RESEARCH
The Role of Personal Financial Salience: Part II
By Blain M. Pearson, Ph.D., CFP®, AFC
This paper follows up another research paper published in August 2021. How effective is PFS on financial satisfaction and retirement insecurity?
A Decade of Research in the Journal of Financial Planning (2011–2021)
By Jason Anderson, CFP®, CPA; Joanne C. Wu, CFP®, PFP; Ashlyn Rollins-Koons; Stephen Azaloff; Ruth McCaleb; Cheryl Rauh; and Megan McCoy, Ph.D., LMFT, AFC, CFT-I
Ten years of research are analyzed. Trends in types of research papers and sources used are examined, and guidance is given to other researchers who want to submit to the JFP.
Earn one CFP CE® credit by reading this month's Journal and access past exams for additional credits.
DEPARTMENTS
STARTING THOUGHTS
For Financial Planners
By Danielle Andrus
OBSERVER
Gas Price Relief and Another Round of Stimulus Checks
Stat Bank
JFP ACADEMICS
Upcoming Research
Get Published: Submit your own research for peer review. Click HERE for more information.
IN CASE YOU MISSED IT
The Psychology of Estate Planning with Blended Families: How Financial Planners Can Better Help Blended Families Develop an Estate Plan That Works
By Mikel Van Cleve, CFP®, and Bradley Klontz, Psy.D., CFP®
As more people remarry and introduce kids from previous marriages, it is vital that both partners feel comfortable with how the estate is set up regarding the children, especially if one partner makes more than the other, so there is no resentment.
