If we look at society and societal norms, a lot of weight is given to success when it comes to defining happiness. If we see a person who is successful, it is often assumed that they are happy. On an existential level we should consider what it all means. In reality, we actually have no idea whether or not that person is either happy or successful; for a couple of reasons: First of all, we can only measure someone else’s success or happiness by what we know about them.
Read MoreWe say it all the time but why exactly does "Fee-Only Make a Difference" mean?Well, it mostly has to do with the compensation structure, called “Fee-Only,” and how it compares to "Traditional" commission based financial planners. It’s this unique way in which Fee-Only financial advisors are paid that allows them to be objective in their advice and avoid conflicts of interest.
Read MoreYesterday, I was reading an issue of Financial Planning Magazine (a magazine for financial planners). This particular issue was the 2013 technology survey and went through the different technology trends as it relates to financial planners and the top technologies they are using in their practices today, like portfolio management software, CRM (customer relationship management), and financial planning software.
Read Morebet it won't SOCGEN. Does anything else think this is a very specific prediction?
Read MoreFinancial planners can be paid in multiple ways, hourly fees, on-going management fees, or through commissions earned by selling products.
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