AICPA Personal Financial Planning (PFP)

Guest: Matt Rosenberg, CPA/PFS Category: Technical In this episode, Matt Rosenberg, CPA/PFS discusses the impact of taxes on investment planning and answers the questions: What are the major tax considerations practitioners should take into account when providing investment advice? When do capital gains need to be carefully considered? How do investment losses best serve a good tax plan? How important is asset location? Is timing a major consideration with investment changes? Access the related resources from this podcast: Planning & Tax Advisory Services hub at aicpa.org/growadvisoryservices Investment planning certificate, part of the PFP certificate program The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don't miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Ted Sarenski, CPA/PFS & panelists: Chris DeBlanc and Scott Sprinkle Category: Practice management In this episode, CPA financial planners share how they approach new client meetings and how to offer planning services to tax clients and answer the questions: How does taking a humanistic approach to tax planning benefit your clients? How do you approach a tax compliance client to transition them into planning services? What are simple actions to take now? Access the related resources from this podcast: AICPA's Planning & Tax Advisory Services hub Roadmap to Planning & Tax Advisory Services Analysis of a tax return for financial planning opportunities Workshop: Building a Tax and Financial Planning Advisory Business (preceding the Advanced PFP Conference at AICPA ENGAGE) Don't miss the other episodes in this Building a Tax & Financial Planning Advisory Business series! Step 1: Why should I offer tax & financial planning advisory services? Step 2: How do I get started? Step 3: What are the appropriate fees to charge? Step 4: How do I approach new client meetings & offer financial planning services to current tax clients? Step 5: What is the best way to create deep relationships with clients? Step 6: How do I decide between serving as the primary point of contact or as a hyperspecialist? Step 7: How do I structure staffing and work with other advisers? Step 8: What do I need to know if I decide to offer investment advisory services? Step 9: How do I maximize use of technology? Step 10: What are the simple actions I can take now? The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don't miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Ted Sarenski, CPA/PFS & panelists: Michael Goodman, Brooke Salvini, and Susan Tillery Category: Practice management In this episode, CPA financial planners share how they set their client fees in their tax & financial planning advisory businesses and answer the questions: What are the benefits of a fee-only hourly, project, and retainer business models? What are the pros and cons of charging based on assets under management (AUM)? What should you consider when setting your fee for service? What are simple actions to take now? Access the related resources from this podcast: AICPA's Planning & Tax Advisory Services hub Roadmap to Planning & Tax Advisory Services Workshop: Building a Tax and Financial Planning Advisory Business (preceding the Advanced PFP Conference at AICPA ENGAGE) Don't miss the other episodes in this Building a Tax & Financial Planning Advisory Business series! Step 1: Why should I offer tax & financial planning advisory services? Step 2: How do I get started? Step 3: What are the appropriate fees to charge? Step 4: How do I approach new client meetings & offer financial planning services to current tax clients? Step 5: What is the best way to create deep relationships with clients? Step 6: How do I decide between serving as the primary point of contact or as a hyperspecialist? Step 7: How do I structure staffing and work with other advisers? Step 8: What do I need to know if I decide to offer investment advisory services? Step 9: How do I maximize use of technology? Step 10: What are the simple actions I can take now? The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don't miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Ted Sarenski, CPA/PFS & fellow CPA/PFS panelists: Jean-Luc Bourdon, Ellen Bruno, Chris DeBlanc, Michael Goodman, Brooke Salvini, Scott Sprinkle, David Stolz, and Susan Tillery Category: Practice management In this episode, CPA financial planners share their experiences with building their tax and financial planning advisory businesses. Ted Sarenski, CPA/PFS interviews a panel of seasoned practitioners, who answer the questions: What are the different ways to offer tax & financial planning services? Tax compliance or not? Investment advisory services or not? Which business model is right for me? How do I go about formalizing tax & financial planning services? What are simple actions to take now? Access the related resources from this podcast: AICPA's Planning & Tax Advisory Services Hub Roadmap to Planning & Tax Advisory Services Workshop: Building a Tax and Financial Planning Advisory Business (preceding the Advanced PFP Conference at AICPA ENGAGE) Don't miss the other episodes in this Building a Tax & Financial Planning Advisory Business series! Step 1: Why should I offer tax & financial planning advisory services? Step 2: How do I get started? Step 3: What are the appropriate fees to charge? Step 4: How do I approach new client meetings & offer financial planning services to current tax clients? Step 5: What is the best way to create deep relationships with clients? Step 6: How do I decide between serving as the primary point of contact or as a hyperspecialist? Step 7: How do I structure staffing and work with other advisers? Step 8: What do I need to know if I decide to offer investment advisory services? Step 9: How do I maximize use of technology? Step 10: What are the simple actions I can take now? The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don't miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Andrea Millar, CPA/PFS & Susan Tillery, CPA/PFS Category: Professional development CPAs and financial planning have been around for over a century. Not because we've stayed the same, but because we evolve and adapt to finding new ways to better serve clients. You are forward-thinking and relationship-oriented professionals. These are exciting times that bring opportunities for you to lead the profession into the future with a focus on your clients' needs. Andrea Millar and Susan Tillery discuss: How client needs and expectations are evolving What makes CPAs unique How to continue providing the best service in times of change and uncertainty What volunteer leaders and AICPA are doing to help Access the related resources from this podcast: AICPA's Planning & Tax Advisory Services hub Roadmap to Planning & Tax Advisory Services Workshop: Building a Tax and Financial Planning Advisory Business (preceding the Advanced PFP Conference at AICPA ENGAGE) Don't miss the other episodes in this Building a Tax & Financial Planning Advisory Business series! Step 2: How do I get started? Step 3: What are the appropriate fees to charge? Step 4: How do I approach new client meetings & offer financial planning services to current tax clients? Step 5: What is the best way to create deep relationships with clients? Step 6: How do I decide between serving as the primary point of contact or as a hyperspecialist? Step 7: How do I structure staffing and work with other advisers? Step 8: What do I need to know if I decide to offer investment advisory services? Step 9: How do I maximize use of technology? Step 10: What are the simple actions I can take now? The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don't miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): David Grau, Sr. & Michael Goodman, CPA/PFS Category: Practice management In this episode, Michael Goodman, CPA/PFS interviews David Grau, president & founder of FP Transitions, who shares the ABCs of succession planning. He answers the questions: What exactly is a succession plan? Why is a succession plan important? Does everyone need to have one? How much time do you need to create a successful succession plan? What's the first thing you should consider when planning for succession? What if the plan fails? Access the related resource from this podcast: Succession Planning for Financial Advisors: Building an Enduring Business by David Grau Practice management tools and resources from AICPA PFP Section The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Make sure to subscribe to our podcast channel on iTunes or Pod-o-Matic, so that you don't miss an episode! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Bob Keebler, CPA/PFS & Mitchell Gans, JD Category: Technical In NC Department of Revenue v. The Kaestner Family Trust, the Supreme Court will determine whether the US Constitution's due process clause prohibits states from taxing trusts based on trust beneficiaries' in-state residency. In this episode, Bob Keebler, CPA/PFS interviews Professor Mitchells Gans, JD who answers the questions: How does this issue impact your clients? Who should file a protective refund claim? Access the related resources from this podcast: Broadridge Advisor (free access to PFP/PFS members) includes extensive-content written by CPAs, attorneys and other experts on planning strategies, new relevant laws, etc. that are articulated in client terms. The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don't miss an episode – subscribe to our podcast series on iTunes and Pod-o-matic! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Paula McMillan, CPA/PFS Category: Technical In this episode, Paula McMillan, CPA/PFS shares what current retirees have to say about retirement and lessons they've learned along the way. She answers the question: What are the six factors paramount to a successful retirement? Access the related resources from this podcast: Top seven mistakes when claiming Social Security benefits by Paula McMillan (The Tax Adviser) The Adviser's Guide to Retirement and Elder Planning, a multi-part guide series including life transitions. Broadridge Advisor includes extensive-content written by CPAs, attorneys and other experts on planning strategies, new relevant laws, etc. that are articulated in client terms. Retirement planning certificate, part of the PFP certificate program Don't miss the other episodes in this series: Will your clients have enough to retire? What is the national state of retirement Making conversations count: integrated financial planning (March 2019) The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Make sure to subscribe to our podcast channel on iTunes or Pod-o-Matic, so that you don't miss an episode! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Paula McMillan, CPA/PFS Category: Technical In this episode, Paula McMillan, CPA/PFS shares how to make conversations count when it comes to personal financial planning. She answers the questions: What is your role and influence in your clients' conversations with others around personal financial planning? Why is it important for your clients to broaden and deepen financial conversations with family and friends and what is your role in enabling that? How can you help your clients have purposeful conversations with family members and children about finances? Access the related resources from this podcast: Top seven mistakes when claiming Social Security benefits by Paula McMillan (The Tax Adviser) The Adviser's Guide to Retirement and Elder Planning, a multi-part guide series including life transitions. Broadridge Advisor includes extensive-content written by CPAs, attorneys and other experts on planning strategies, new relevant laws, etc. that are articulated in client terms. Retirement planning certificate, part of the PFP certificate program Don't miss the other episodes in this series: Will your clients have enough to retire? What is the national state of retirement Lessons from the 9th hole: what current retirees have to say The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don't miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Erica Gellerman, CPA Category: Practice management In this episode, Erica Gellerman, CPA turned marketer is here to help you differentiate your CPA financial planning practice for their current and prospective clients. Why does a cohesive online presence matter? What are the three Vs of creating a cohesive online presence? How can you leverage your online presence, so your clients will know, like, and trust you? Access the related resources from this podcast: Your CPA Practice & Planning Toolkit Business Development Toolkits for CPA financial planners and CPA/PFS holders Technology for a Planning & Tax Advisory Services Business Toolkit The episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don't miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic! And leave us a review so we can continue bringing valuable and relevant content to you.