{"id":130861,"date":"2024-09-10t18:19:16","date_gmt":"2024-09-10t22:19:16","guid":{"rendered":"\/\/www.g005e.com\/?post_type=product&p=130861"},"modified":"2024-09-26t11:06:05","modified_gmt":"2024-09-26t15:06:05","slug":"rh24hgwm-rh24hol-rh24hgw-rory-henry-holistic-guide-to-wealth-management-the-science-behind-integrating-services-with-the-human-side-of-behavioral-financial-advice","status":"publish","type":"product","link":"\/\/www.g005e.com\/shop\/rh24hgwm-rh24hol-rh24hgw-rory-henry-holistic-guide-to-wealth-management-the-science-behind-integrating-services-with-the-human-side-of-behavioral-financial-advice\/","title":{"rendered":"pre-order: holistic guide to wealth management"},"content":{"rendered":"
the handbook is structured to facilitate and streamline implementation. it starts with the rationale for change, moves through practical implementation strategies, and concludes with advanced topics in holistic financial planning. it effectively blends technical knowledge with insights into human behavior and client communication. while the handbook primarily targets cpas, other financial professionals could benefit from its insights.<\/p>\n
transformation of accounting and wealth professions<\/strong>: the document stresses the need for accounting professionals to shift from merely compliance-focused work to offering value-added advisory services. this includes embracing wealth management and holistic financial planning.<\/p>\n role of cpas as financial advisors<\/strong>: this section emphasizes why cpas are well-positioned to provide financial advice due to their trusted relationships with clients and deep knowledge of their financial situations. it discusses transitioning from tax preparation to a more comprehensive role in managing clients’ financial health and wealth.<\/p>\n business models and practice management<\/strong>: the guide discusses integrating wealth management into traditional accounting practices, adopting new business models, and implementing technology to streamline operations. it encourages using wealthtech and ai to enhance services and improve efficiency.<\/p>\n holistic services approach<\/strong>: encompasses all aspects of clients\u2019 financial situations, such as investment, risk management, tax planning, estate planning, and insurance. the approach promotes personalized client care, addressing their life goals and financial well-being.<\/p>\n embracing technology and ai<\/strong>: the document highlights the increasing role of ai and technology in providing more efficient financial advisory services. this includes using technology to automate routine tasks and enhance client engagement.<\/p>\n communication and client relationships<\/strong>: building and maintaining strong client relationships is a recurring theme. the “advis-ror\u2122 (return on relationships)” concept emphasizes that the value provided to clients goes beyond financial metrics and includes emotional connection and understanding.<\/p>\n adapting to a changing profession<\/strong>: the text advocates for a modernized accounting practice, including updated organizational structures, streamlined processes, technology adoption, collaborative service offerings, and pricing models that reflect value rather than hours billed.<\/p>\n succession, exit planning, and generational wealth transfer<\/strong>: provides strategies for guiding business owners through succession planning and maximizing exit readiness. it also addresses intergenerational wealth transfer and how to prepare clients’ heirs for inheritance.<\/p>\n integration of wealth management and accounting services<\/strong>: the document examines how accounting firms can partner with wealth management firms, set up their own registered investment advisory (ria) services, or collaborate with a virtual family office (vfo) model to provide a one-stop-shop experience for clients.<\/p>\n marketing and client engagement strategies<\/strong>: discusses the importance of marketing integrated accounting and wealth management services and engaging clients through a personalized, human-first approach.<\/p>\n timely and relevant content:<\/strong> with technological disruption threatening traditional accounting services, the handbook offers a roadmap for cpas to evolve their practices and remain relevant.<\/p>\n emphasis on relationships:<\/strong> henry introduces the “advis-ror\u2122” (return on relationship) concept, highlighting the importance of deep client relationships in an ai-driven world.<\/p>\n practical guidance:<\/strong> actionable advice on incorporating wealth management services, leveraging technology, and adapting to changing industry dynamics.<\/p>\n expert insights:<\/strong> contributions from 35 thought leaders in accounting, finance, and technology add depth and credibility to the content.<\/p>\n holistic approach:<\/strong> the handbook covers a wide range of topics, from practice management to behavioral finance, offering a well-rounded perspective on wealth management.<\/p>\n personal touch:<\/strong> henry’s story and experiences lend authenticity and relatability to the narrative.<\/p>\n the appendices cover additional topics such as healthcare planning, mental and physical health for professionals, and change management strategies for firms transitioning to holistic advisory models.<\/p>\n foreword & prologue<\/strong><\/p>\n chapter 1: evolution of the accounting and wealth professions<\/strong><\/p>\n chapter 2: why cpas are best positioned to become financial advisors<\/strong><\/p>\n chapter 3: brave new world: m&a private equity & wealth management in accounting<\/strong><\/p>\n chapter 4: toward a 21st century cpa: a dynamic vision<\/strong><\/p>\n chapter 5: profile of a modern firm: putting the vision into practice<\/strong><\/p>\n chapter 6: incorporating wealth management into your accounting practice<\/strong><\/p>\n chapter 7: holistic service model: technology perspective<\/strong><\/p>\n chapter 8: how wealthtech is reshaping the future of holistic advice<\/strong><\/p>\n chapter 9: how financial advisors can leverage ai to grow and protect revenue<\/strong><\/p>\n chapter 10: in pursuit of excellence to win the battle for talent<\/strong><\/p>\n chapter 11: raise rates<\/strong><\/p>\n chapter 12: tax advisory services: a pathway to greater financial freedom<\/strong><\/p>\n chapter 13: pricing your wealth management services<\/strong><\/p>\n (partial list)<\/p>\n clayton oates<\/strong> is the founder of qa business, a speaker, author and global leader in accounting technology. clayton commenced his career at pwc in australia and today speaks around the world practically based on his 30+ years\u2019 experience in the accounting profession. a passionate communicator who has educated over 100,000 professional advisors and business owners worldwide on embracing professional partnerships’ power. enabling accountants, bookkeepers and software vendors alike to enhance connection with each other and the clients and customers they serve.<\/p>\n seth fineberg<\/strong> is an accounting industry consultant, content strategist, analyst, and speaker.\u00a0through accountants forward at sethfineberg.com, he provides practical and useful guidance from vendors, industry organizations, and accounting firms.<\/span>\u00a0 he has been a business editor and journalist for over 30 years, the vast majority of which has been spent overseeing the accounting profession\u2019s evolution. to this end, he has served as technology editor at accounting today and the head of accountingweb’s us team.<\/p>\n blake oliver,<\/strong> a cpa and the founder and ceo of earmark, an app that offers nasba-approved cpe and irs-approved ce credits for listening to your favorite accounting and tax podcasts. blake also co-hosts the accounting podcast, the world’s most popular podcast for accountants. blake is passionate about keeping cpas informed and updated on the latest trends and technologies in the accounting profession. he has been recognized as one of the top 100 most influential people and one of the “40 under 40” by accounting today and cpa practice advisor, respectively. blake lives in scottsdale, arizona, where he enjoys hiking and swimming.<\/p>\n phil whitman <\/strong>specializes in cpa firm growth.\u00a0 whether succession planning, m&a, talent acquisition, business advisory services or practice management consulting, firms of all sizes, from sole practitioners to top 10 global firms, rely on him. perhaps that\u2019s why accounting today named him one of the top 100 most influential people in accounting.\u00a0 phil has grown whitman transition advisors to be the largest advisory organization for cpa firms in the nation.\u00a0 the depth and breadth of cpa firm leadership expertise by the whitman transition team is unparalleled.\u00a0 with more than 1,000 merger and acquisition transactions and consulting engagements, the team ain’t seen nothing. phil has expanded his cpa firm relationships and now helps small, medium, and large cpa firms help their clients.\u00a0 through the c suite impact llc group of companies, whitman, as chairman, offers everything from fractional cfo, back-office client accounting resources, business intelligence, and deal making, including buy-side, sell-side and capital raising. whitman partners with cpa firms and creates additional bottom-line revenue for the firms without adding one new client or one new staff member. whitman has been a featured speaker for various state societies of cpas and international cpa firm associations and a presenter for the cch annual user conference.\u00a0 \u00a0for over 25 years, he has advised firms throughout north america.<\/p>\n bob lewis is <\/strong>president of the visionary group and one of accounting today\u2019s top 100 most influential people, with an extensive 25+ year dedication to supporting accounting firm innovation and growth. he has been trusted by firms in the top 500 to countless emerging practices. bob\u2019s focus is to help firms develop and implement a growth strategy that utilizes both organic methods and mergers and acquisitions. his guidance helps firms build their overall enterprise value. for firms active or interested in m&a, bob leads a team adept at identifying transition opportunities, integrating tuck-ins, establishing platform locations, and navigating private equity options. he has deep experience sourcing, structuring, and negotiating m&a transactions, partner buy-ins\/buy-outs, and compensation plans. organic growth and seamless succession planning fall under bob\u2019s experience. he helps firms with upscaling their client base, leverage better pricing structures, address capacity management, expand their advisory services, and increase profitability. nationally sought-after as a speaker within the accounting world, bob commands attention at major industry forums and exclusive firm gatherings, sharing invaluable insights. there are few areas he cannot speak to regarding innovation and advancing the accounting profession. with an accounting background, a bachelor of science in finance, and an mba from depaul university in chicago, bob isn\u2019t just an influencer; he\u2019s a guiding force shaping the trajectory of the cpa profession.<\/p>\n allan koltin<\/strong> is the founder of koltin consulting group, a chicago-based consulting firm that specializes in working with professional and financial services firms in practice growth, management, human capital, and mergers and acquisitions. highly sought for his ability to engage and inspire audiences, allan enjoys delivering keynote addresses at conferences throughout the professional services industry. his passion is facilitating strategic planning retreats for firm leadership and partners. his specialties include strategy, governance, profitability, compensation, growth, human capital, succession, and mergers and acquisitions. for the last 24 years, koltin has been named one of the top 100 most influential people in the accounting profession.<\/p>\n randy crabtree <\/strong>is co-founder and partner of tri-merit specialty tax professionals and an author, lecturer and host of the unique cpa podcast.<\/p>\n charles paikert <\/strong>has been writing about the financial advisory industry since 2004. paikert has been an editor for investment news and financial planning and currently contributes to family wealth report, riabiz and barron\u2019s. he has also written about the industry for the new york times and reuters and has moderated panels at numerous industry conferences, including schwab impact and invest. paikert co-authors madness: the ten most memorable ncaa basketball finals.<\/p>\n susan bryant<\/strong> is a certified public accountant and certified tax strategist with over 20 years of experience in the accounting industry. as a seasoned business owner, susan specializes in helping accomplished entrepreneurs maximize profitability, optimize tax strategies, and preserve their wealth. her holistic business adviser and strategic planner expertise have earned her widespread recognition, including honors as a woman of empowerment, enterprising woman of the year, and being named among the top 50 women in accounting.<\/p>\nwhy this handbook, why now<\/h3>\n
appendices<\/h3>\n
\nstep-by-step implementation<\/strong><\/h3>\n
scoping the opportunities<\/h3>\n
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\nholistic services<\/h3>\n
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\nhow to communicate<\/h3>\n
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\nthe authors and contributors<\/strong><\/h3>\n