The Bucket Plan® On-Demand Series

Want to enhance your client onboarding process and build stronger relationships? Join hosts Jason L Smith, Dave Alison, and guest Bryan Bibbo, AIF, NSSA, BPC, President and CFO of JL Smith Holistic Wealth Management, as they explain The Bucket Plan® holistic wealth management process, starting with the discover phase. Learn how to conduct effective initial meetings, gather crucial client information, and set the foundation for personalized financial planning in this initial planning stage stage. Discover techniques for creating a comfortable environment, introducing the bucket concept, and utilizing tools like the Family Estate Organizer and Concerns and Priorities Worksheet. Plus gain insights on leveraging RIA support, implementing this multi-meeting process, and more to ensure comprehensive client care.

Resources:

• Book Referenced: The Bucket Plan®: Protecting and Growing Your Assets for a Worry-Free Retirement
• Training Referenced: The Bucket Plan® 1.0

Want to help your clients navigate the complex world of taxes and avoid costly pitfalls? Join host Dave Alison and lead advisors at JL Smith Holistic Wealth Management, Jeff Warnkin, CFP, CPA, and Seth Meisler, CFA, CPA, as they delve into the intricacies of marginal tax traps. Learn how to identify and mitigate these often-overlooked challenges within The Tax Management Journey® framework. Discover common scenarios where these traps occur, from Social Security taxation to required minimum distributions, and explore strategies to optimize your clients' overall tax picture. You’ll also gain valuable insights on multi-year tax planning, effective tax rate analysis, and the importance of thorough tax return reviews. Listen in to learn how you can provide more comprehensive guidance that will help your clients avoid unnecessary tax burdens.

Resources:

• Training Referenced: The Tax Management Journey®
• Training Referenced: The Bucket Plan® 1.0

Looking to attract and provide more value to your high-net-worth clients? Dive into the world of equity compensation with host Dave Alison and guests, Greg Dillon, CFA, CFP ®, CLTC®, NSSA®, Managing Partner and Head of Wealth Management and Retirement Income Planning at OneTeam Financial, and David Roth, CFP®, EA, BPC, Tax & Wealth Advisor at Alison Wealth Management.  Together they explore the various forms of equity compensation, including RSUs and stock options, and discuss tax management strategies within The Bucket Plan® framework. Learn common mistakes to avoid, advanced wealth preservation techniques, insider trading considerations, and how to leverage this expertise to better serve your clients and grow your business.

Resources:

• Training Referenced: The Bucket Plan® 1.0
• Training Referenced: The Tax Management Journey®
• Software Referenced: eMoney
• Article: 3 Keys to Optimizing Your Incentive Stock Options (ISOs)

Are you effectively integrating life insurance into your clients’ holistic plan? Learn how enhancing your understanding of life insurance and its many benefits can help you stand out from other ‘holistic’ advisors and better protect your clients' portfolios and families. Join host Kirsten Schlumbohm, Vice President, Head of Annuity Sales at C2P, as she explores the important role life insurance plays in holistic financial planning with industry veterans, Dave Buckwald, CEO and founder of OneTeam Financial, and Stoyan Petev, Senior VP of Advanced Markets at C2P. They delve into how life insurance provides stability amidst market fluctuations, offers tax benefits, and ensures long-term financial security. Discover unique strategies such as insuring portfolios against bear markets and asset-based long-term care policies. Tune in to learn why insurance is a vital component of wealth management and considered a "great equalizer" in financial planning.

Resources:

• The Tax Management Journey® Concepts and Training

Statistics:

• https://www.ey.com/en_us/insights/insurance/how-life-insurers-can-provide-differentiated-retirement-benefits

Discover how the simplicity of The Bucket Plan® process gets even more effective once you know how to leverage the concepts and tools within the framework. Join Jason L Smith, Founder and CEO of C2P, and Dave Alison, President and Founding Partner of C2P, as they delve into how this approach simplifies implementation and elevates client outcomes. Listen in to hear how Jason was inspired to look at the process in a new way that helps financial advisors even more easily integrate it into their practice to help their clients.

Resources:

• The Bucket Plan® book
• The Bucket Plan® audiobook
• The Bucket Plan® 1.0 Training
• The Bucket Plan® 2.0 Training
• Designing Your Client’s Bucket Plan Blog

Offering a key to your castle may be the key to growing your firm and securing your succession. Explore how mentorship is crucial for shaping successful advisory firms and developing future industry leaders. Host Matt Seitz, Chief Marketing Officer at C2P, leads the discussion with special guests Peter Lynch, CPA®, President, Retirement Tax Specialist, and Investment Advisor Representative, his mentee Corey Shevlin, BPC Investment Advisor Representative, both of Lynch Financial Group, and Carl Smith, founding partner and advisor ambassador of C2P. Join this experienced panel as they discuss the importance of and their success with, leveraging the knowledge of thought leaders and participating in mentorship opportunities to grow and scale their business. Whether you’re an established advisor aiming to build your legacy or an up-and-comer seeking guidance, tune in for invaluable wisdom on cultivating impactful mentoring relationships.

Resources:

• Strategic Coach
• Ed Slott's Elite IRA Advisor Group

During election seasons, clients may be tempted to make emotional investment decisions motivated by politics rather than facts. In this data-driven episode, host Dave Alison, CFP®, EA, BPC, President and Founding Partner of C2P and founder, CEO, and lead advisor of Alison Wealth Management, and special guest, Dr. Apollo Lupescu, Vice President at Dimensional Fund Advisors, provide a framework to have informed, non-partisan conversations with your clients about investing amid political uncertainty. Analyzing decades of market performance data across election cycles and presidential parties, Lupescu dispels the notion that elections inherently impede markets. He shares strategies for initiating productive conversations that acknowledge emotions while focusing on evidence to reinforce long-term investing principles. Learn how to proactively ease your clients' minds and discourage politically-motivated trading that could derail their financial plans.

Resources:

• Elections Analysis White Label Presentation
• “Stock Marketing Investing in Election Year 2024” with Dr. Apollo Lupescu

Do your clients have loved ones with special needs? Navigating their unique financial considerations can be challenging and costly if not done carefully. Learn how to provide holistic financial planning solutions tailored to their unique planning needs in this insightful episode. Host Kirsten Schlumbohm, Vice President and Head of Annuity Sales at C2P, interviews Betsy Larson, whose personal experiences having four sisters with Down syndrome inspired her to become a financial consultant specializing in advanced special needs planning. Larson discusses key considerations for these clients, including estate planning, government benefits, ABLE accounts, documenting crucial information, and best practices for advisors. Tune in to gain practical knowledge from real-world examples that can help you enhance your skillset and improve your clients’ special needs planning experience.

Resources:

• Register for Betsy Larson’s Next Special Needs Planning Webinar
• Elizabeth “Betsy” Larson’s YouTube Channel

C2P Advisors Only:

• Connect with Betsy on MentorConnect

Do your clients want to save or contribute to their loved one’s college expenses? Help them save effectively by learning the intricacies of 529 plans from guest host Stoyan Petev, CFA, CFP®, CLU, ChFc, Senior VP of Advanced Markets at C2P, and Seth Meisler, CFA, CFP®, CPA, Lead Advisor at JL Smith Holistic Wealth Management, with additional insights from Dave Alison, CFP®, EA, BPC, President and Founding Partner of C2P and founder, CEO, and lead advisor of Alison Wealth Management. Discover the distinctions between 529 savings and prepaid tuition plans, state-specific tax benefits, and strategies to maximize tax savings while navigating financial aid and tax credit eligibility. Learn how to integrate 529 plans into holistic financial planning for your clients from real-world examples and best practices.

Resources:

529 Contribution Limits for 2024 by State

80% of investors believe that their financial advisors should prioritize minimizing their taxes but only one in five advisors offer their clients tax management services.* Gain insights from real advisors who have transformed their practices by making tax management a core offering of their financial planning process. Join host Dave Alison, CFP®, EA, BPC, President and Founding Partner of C2P and founder, CEO, and lead advisor of Alison Wealth Management, and guests Greg Hammer, CEO and President of Hammer Financial Group, and Charles Welde, CPA, CFP®, founder of The CP Welde Group, as they discuss how they leverage tax management during and after tax season to enhance their client services and differentiate their financial advisory practices. Tune in to discover strategies for transitioning from tax preparation to comprehensive planning, defining your ideal client, marketing tax management services effectively, and more.

 Resources:

The Tax Management Journey training®

 Statistics:

*https://www.assetmark.com/blog/financial-advisor-client-services-with-tax-management