This final instalment in our Planning as a Concept series, the Estate Planning concept, uses estate worth as the key metric of value. Clients will be more motivated to act when they see the results your advice offers – to the tune of $248,000 over 15 years in our example.
About Dave Faulkner
Dave Faulkner is a 26 year veteran of the software industry, designing tools for insurance agents, investment advisors, and financial planners. As a software consultant, Dave’s clients include insurance companies, MGAs, banks, and wealth management firms. He is also a practicing financial planner specializing in retirement and estate planning for professionals and small business owners.
Dave is co-founder and CEO of Razor Logic Systems Inc., an innovative software company and creator of RazorPlan financial planning software.
Through the use of intelligent algorithms and heuristic methods, RazorPlan financial planning software requires minimal time to complete and is centred on engaging clients through meaningful discussion and analysis. In addition to integrated planning, RazorPlan software includes a library of planning concepts and financial calculators for single needs analysis.
Contact Dave Faulkner:
Email – firstname.lastname@example.org
Entries by Dave Faulkner
Focusing on creating a retirement nest egg and sustainable retirement income, the Retirement Planning concept, part 5 of our series, uses income producing assets as the metric, improving results by $38,000 over 15 years vs. a product-only recommendation.
Part 4 of our 6-part series discusses how using RazorPlan’s Tax Planning concept can drastically improve the results for your clients over product advice using a popular insurance sales concept, Insured Retirement Plan (IRP).
Risk Management is the topic of part 3 in our 6-part Planning as a Concept series. By using Human Capital instead of traditional product advice, clients will be more motivated by personal desire to give their family the best lifestyle they can.
Investment Management plays an important role in any comprehensive financial planning engagement. In part 2 of our series, we illustrate how and why using investment value as the metric is ideal – and far exceeds the results a robo might offer.
In part one of our six-part series, we are discussing Financial Management and how using Planning as a Concept feature of RazorPlan financial planning software can double the results of using a product sale concept alone.
Planning as a Concept™ is a feature of RazorPlan financial planning software and uses Value of Advice to validate your recommendations and instil confidence in you as a financial professional.
Peter Thiel is one of the founders of PayPal. In 2012 he conducted regular lectures at the University of Stanford where a student, Blake Masters, took detailed class notes. The book Zero to One is based on those notes.
There are many circumstances where the value provided by a professional financial planner outweighs the potential savings of technology. For six situations you should consider, read the full article at davefaulkner.ca.
It has been two weeks since the Federal government announced, over lunch at the Pastaggio Italian Eatery, changes to the small-business tax rate from 10.5% to 9% by 2019. This change in the small business tax rate is a campaign promise that has been accelerated because of the backlash the Federal government felt over the small business tax changes proposed on July 18th, 2017.