No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, September 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Financial Planning

Kitces & Carl Ep 165: Finding Repeatable Conversations To Explain Complex Concepts More Understandably To Clients

by TheAdviserMagazine
4 months ago
in Financial Planning
Reading Time: 2 mins read
A A
Kitces & Carl Ep 165: Finding Repeatable Conversations To Explain Complex Concepts More Understandably To Clients
Share on FacebookShare on TwitterShare on LInkedIn


Financial planning is inherently complex, especially when it comes to data gathering, analysis, and crafting well-reasoned recommendations. But delivering those recommendations in a way that clients can understand and act on is a separate skill. Advisors not only need to do the deep technical work, they also need to translate that complexity into clarity – a step that can be surprisingly time-consuming and cognitively demanding. And when an advisor is already managing a full schedule, carving out the time to make the message clear can be a real challenge. So how can advisors ensure that their advice is both comprehensive and simple enough to be truly actionable?

In this 165th episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards explore how advisors can simplify the delivery of complex advice and why doing so is such a critical (and often underdeveloped) skill. While clients don’t necessarily need to understand the full depth of the analysis behind a recommendation, they do need to trust that the analysis has been done thoroughly and clearly understand what the advice is, why it matters, and what’s being asked of them. Because when advice is clear and comprehensible, clients are more likely to act on it and gain peace of mind from knowing there’s a well-considered strategy in place!

One way to simplify delivery is to build meetings around a single core takeaway. For example, if someone stopped a client in the parking lot after the meeting and asked what they talked about with their advisor, what would the advisor want them to say? That question can help clarify the central message and shape meetings around what matters most. From there, additional sub-points can be layered in, while reinforcing the main takeaway to ensure the client walks away with a clear understanding of what to do next.

Visual aids can also help advisors clarify complexity and reinforce key messages. Summary charts or graphics – especially for topics that come up repeatedly (e.g., investment strategies or tax planning) – can reduce cognitive overload for clients and keep meetings on track. And because these conversations tend to repeat across clients, visuals offer leverage: the upfront time spent finding or customizing a helpful chart can pay off many times over. Fortunately, advisors don’t need to start from scratch. A growing number of FinTech companies – like Holistiplan, Income Lab, fpPathfinder, and Clearnomics – offer ready-made illustrations to help make advice more understandable for clients.

Ultimately, the key point is that simplifying financial advice is not a simple task – but it is a skill that can be developed over time. The goal isn’t simplicity for its own sake, but clarity. By combining communication strategies with technology solutions and approaching each meeting with one clear takeaway in mind, advisors can deliver recommendations that aren’t just technically sound, but truly understandable and far easier for clients to act on!

Read More…





Source link

Tags: ampCarlClientscomplexConceptsconversationsexplainFindingKitcesRepeatableUnderstandably
ShareTweetShare
Previous Post

JPMorgan CEO Issues Major “Warning” for the Economy

Next Post

Key highlights from Best Buy’s (BBY) Q1 2026 earnings results

Related Posts

edit post
Reunion Resort and Golf Club Review: Great For Group Trips To Disney

Reunion Resort and Golf Club Review: Great For Group Trips To Disney

by TheAdviserMagazine
September 22, 2025
0

A stay at Reunion Resort and Golf Club isn’t your typical vacation rental experience. At 2,300 acres, this property in...

edit post
Northwestern Mutual files tax case amid OBBBA meal crackdown

Northwestern Mutual files tax case amid OBBBA meal crackdown

by TheAdviserMagazine
September 22, 2025
0

Financial advisors and tax professionals may have lots to chew on with the business owners among their clients over the...

edit post
Pepperidge Farm Milano Milk Chocolate Cookies only .36 shipped!

Pepperidge Farm Milano Milk Chocolate Cookies only $2.36 shipped!

by TheAdviserMagazine
September 22, 2025
0

Grab these yummy Pepperidge Farm Milano Milk Chocolate Cookies for a great price! Amazon has these Pepperidge Farm Milano Milk Chocolate...

edit post
9 Rights (And Wrongs) In the First 9 Years Of Building An RIA

9 Rights (And Wrongs) In the First 9 Years Of Building An RIA

by TheAdviserMagazine
September 22, 2025
0

For many financial advisors, the journey of building a firm from scratch is a blend of idealism, grit, and inevitable...

edit post
*HOT* iRobot Roomba Combo Robot Vacuum and Mop only 4.99 shipped (Reg 0!) {Today Only}

*HOT* iRobot Roomba Combo Robot Vacuum and Mop only $164.99 shipped (Reg $320!) {Today Only}

by TheAdviserMagazine
September 21, 2025
0

Looking for a robot vacuum and mop combo deal? This is an amazing price! Today only, HSN has this iRobot...

edit post
AMC Theaters: TWO Movie Tickets with Drinks & Popcorn only .76!

AMC Theaters: TWO Movie Tickets with Drinks & Popcorn only $25.76!

by TheAdviserMagazine
September 20, 2025
0

Wow! This is a great deal on movie tickets! For a limited time, you can score two AMC Theatres Movie...

Next Post
edit post
Key highlights from Best Buy’s (BBY) Q1 2026 earnings results

Key highlights from Best Buy’s (BBY) Q1 2026 earnings results

edit post
Mondo Llama Art & Craft Kits as low as .50 each at Target!

Mondo Llama Art & Craft Kits as low as $7.50 each at Target!

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
The Social Benefits of Iconoclasts

The Social Benefits of Iconoclasts

0
edit post
Ripple Targets Tokenization, Stablecoins in XRPL DeFi Roadmap

Ripple Targets Tokenization, Stablecoins in XRPL DeFi Roadmap

0
edit post
7 Survivor-Benefit Timelines That Change the Math

7 Survivor-Benefit Timelines That Change the Math

0
edit post
Asian stocks: Asian markets edge higher after Wall Street rally

Asian stocks: Asian markets edge higher after Wall Street rally

0
edit post
Fed Governor Stephen Miran pushes case for central bank to slash key interest rate

Fed Governor Stephen Miran pushes case for central bank to slash key interest rate

0
edit post
Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

0
edit post
Asian stocks: Asian markets edge higher after Wall Street rally

Asian stocks: Asian markets edge higher after Wall Street rally

September 22, 2025
edit post
Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

September 22, 2025
edit post
Avantis and Aster defy market downturn with impressive rallies

Avantis and Aster defy market downturn with impressive rallies

September 22, 2025
edit post
Retailers are snipping price tags and ditching discounts to keep up with tariffs

Retailers are snipping price tags and ditching discounts to keep up with tariffs

September 22, 2025
edit post
Reunion Resort and Golf Club Review: Great For Group Trips To Disney

Reunion Resort and Golf Club Review: Great For Group Trips To Disney

September 22, 2025
edit post
More Millionaires Are Choosing to Rent Rather Than Buy

More Millionaires Are Choosing to Rent Rather Than Buy

September 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Asian stocks: Asian markets edge higher after Wall Street rally
  • Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott
  • Avantis and Aster defy market downturn with impressive rallies
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.