Approved IAR CE Courses

This quiz includes the following articles: Adjusting Monte Carlo Success Thresholds By Tolerance For Spending Volatility, Getting Comfortable Delaying Social Security With Six-Month 'Reversible' Delays, and Analyzing Net Unrealized Appreciation (NUA) Opportunities For Privately Held Company Employee Stock Ownership Plans (ESOPs)

This quiz includes the following articles: This quiz highlights a series of articles surrounding questions and other critical communication skills that advisors will want to consider in order to deepen and enrich client relationships through the financial planning process.

This quiz reviews the following two blog articles: Why High Equity Valuations And Low Bond Yields Won't (Necessarily) Break The 4% Rule and Maximizing The Step-Up In Basis By Gifting Assets Between Spouses.

This quiz covers questions and strategies advisors can employ with clients experiencing crisis. Crisis can include things like losing a spouse or market event, or even just being anxious around an expected financial change.

Monte Carlo analysis is a commonly used tool in financial planning, with the probability of success being the most common method for reporting a financial plan's results. However, this practice may be hurting clients more than helping them by creating more financial stress and a propensity for miserly financial behavior. In this webinar, Dr. Tharp explains how the use of probabilities of success is akin to the practice of bloodletting in the medical field, where professionals are commonly using a practice that is often misunderstood by professionals and clients. Through the presentation, Tharp explains what the probability of success metric truly means and its shortcomings, especially when considering ongoing planning. Tharp then explains an alternative planning method, adjustment-based guardrails, and presents practical methods to reframe retirement income planning to reduce the likelihood of underspending while helping clients enjoy their retirement fully.

The transition from employer insurance to Medicare is fraught with confusion. Clients turning 65 or leaving employment must leave the safety and simplicity of their pre-selected and subsidized employer plan to the wild world of Medicare, with all its parts, multiple enrollment periods, and private insurance options to fill the coverage gaps. This session will cover health insurance in retirement: how Medicare works, how to choose private insurance to go with Medicare, and how to establish a health care budget.

In this session, advisors will gain critical insights into the evolving regulatory landscape impacting investment advisers. Compliance expert, Max Schatzow, will explore FinCEN's final rule expanding the definition of 'financial institution' under the Bank Secrecy Act, along with new AML/CFT reporting requirements. Attendees will learn about recent amendments to Regulation S-P, which mandate written incident response programs and enhanced oversight of service providers. The session also covers current SEC examination priorities, equipping advisors with practical strategies to maintain compliance in an increasingly complex regulatory environment.

In this continuing education session, learners will read articles highlighting how financial advisors can effectively communicate with clients during times of market volatility and economic uncertainty. The first article explores the concept of risk tolerance, examining how it can differ between partners in a couple and how to engage both partners effectively. The second article delves into the uncertainty caused by tariffs and how advisors can utilize a combination of visual and historical aids, along with empathy, to address client concerns. This idea is further developed in the third article, where learners will read about six questions they can ask to ease clients' market-related fears by leading with emotional validation and reflective reasoning before presenting logical reasoning to quell concerns.

This month, we review two Nerd's Eye View blog articles: Major Compliance Risks When Using AI Tools (And Best Practices To Mitigate Them) and The Risks Of AI Meeting Notetakers: Evaluating Accuracy And Data Privacy In Tools. In the first article, Richard Chen, founder of Brightstar Law Group, outlines the significant compliance risks Registered Investment Advisers (RIAs) face when using AI tools like ChatGPT and automated notetakers, providing actionable best practices to help firms mitigate these risks through training, oversight, tool evaluation, and adherence to regulatory standards. In the second article, Ben Henry-Moreland, Senior Financial Planning Nerd at Kitces.com, explores the rise of AI meeting notetakers for financial advisors, highlighting their potential to streamline documentation, enhance client engagement, and improve compliance workflows.

All successful financial planning practices face the challenge of scaling their advice to serve more clients and make their businesses more profitable. However, making a practice more scalable while still providing excellent service to the client can be a multi-faceted challenge that can take advisors years to address while finding themselves unable to grow sustainably. In this webinar, Michael Kitces shares research on scalability, walking advisors through the process of establishing expertise, systematizing client deliverables and engagement, coping with client variability, and delegating to leverage time efficiently. Throughout the webinar, Michael provides practical steps advisors can take to work forward scaling to financial advicers and how doing so can not only make practices run more efficiently but also increase advisor revenues.