It is with mixed feelings that today I face my 37th birthday – a unique milestone for me, as it marks the maximum age threshold for NexGen, a group I helped to co-found 10 years ago (with the original inauspicious name of "Mouseketeers"!), and for which I was perhaps the most ardent advocate for having a maximum age as a requirement for membership. Now, a decade later and with no small amount of irony, I find myself being “forced out” – or as I like to put it, “graduating” – under the very age-based rule I fought so hard to keep in place early on. For me, today is a day of change, of transition, and of rebirth as I close the book on one decade of my life, and open to the next.
As my long-time subscribers know, I like to survey readers of this blog once a year to get their input on what they find least/most useful about the content and how it's delivered to them. Your feedback is used to shape everything from the design and structure of the blog, to new types of content and features, and more. I've tested many ideas and potential initiatives via these surveys over the years; it's shaped everything from the default font size of the blog content, to the recent launch of our webinars offering, to a decision to totally scrap some ideas that have come up along the way but were clearly not supported in the survey results.
Accordingly, I'm hoping you'll take just a couple minutes to answer the relatively brief reader survey below, and share with me your thoughts about this blog, the content, and some services and business ideas that I am considering adding to it... if the survey says I should, of course!
The survey is only a dozen questions, should take no more than a few minutes, and will remain open until the end of the month (July 31st). Thanks in advance for your time, feedback, and ongoing readership!
While blogging and social media for financial advisors continues to become more popular, one of the common challenges I hear from advisors trying to get started is that they'd like to see examples of what other advisors are doing that's successful. What are some examples of blogs that have been able to get a lot of readership and traffic?
To help support this, today I'm excited to announce a new "Top 50 Advisor Blogs and Bloggers" list that we've built (powered by BrightScope) to recognize some of the most successful advisors in the blogosphere. The list captures a wide range of advisors, from those who write broadly about markets and investment and economics, to those who have niches Generation Y to Financially Wise Women to Low-Cost Investing.
So if you've been wondering what 'blogging success' looks like, click around and check out some of the advisor blogs, and see what they're doing, or go through the submission process to have your own blog considered the next time we update the list (while we tried to capture as many advisor bloggers as we could, I'm sure there are more to be considered!). Of course, in the end a blog alone does not make a business - you still have to provide services and deliver value to your clients as well! - but I hope this list is helpful to stimulate some ideas, and to recognize those who have been pioneers in the advisor blogosphere so far!
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As we come to the end of 2013, I'm thankful to all of you, the readers who continue to visit Nerd's Eye View more and more often and share this content with your friends and colleagues (which is greatly appreciated!). The continued growth of this blog led to its re-designed launch at the end of this summer, and you'll continue to see enhancements coming in 2014 (if there's something you think we're still missing, please let us know in the comments!).
As busy as the year can be between life and work, though, I realize that many of you don't have the time to keep up with everything that's written here, and the ever-present challenge of blogging is that articles, once published, quickly vanish into the archives, never to be seen again outside of an occasional Google search from time to time. Accordingly, I've compiled for you this list of the 13 most popular articles I wrote this year on Nerd's Eye View (along with our most popular guest post!). So whether you're new to the blog, or simply haven't had the time to keep up with everything, I hope that some of these will (still) be useful or of interest to you!
Thanks for a great 2013, and looking forward to an even better 2014!
Almost 6 years ago, the Kitces.com website launched, and along with the new site, this Nerd's Eye View blog was born. At the time it was launched, I was quite proud of the site. It was "sharp" and "cutting edge" for its time, and early readers of the blog were quite complimentary (and I'd like to think they weren't just being polite!).
As the years have gone by, though, the technology underlying the site grew more and more aged, and failed to keep pace with the great leaps in blogging and website platforms that have exploded forth since 2007. The visual look of the site began to feel a bit dated, and the explosion of mobile devices turned what was already a "not very large" default font size into reading that was painfully too small.
Accordingly, the time had come this year for an overhaul to bring the Nerd's Eye View up to current standards, and I'm thrilled to announce that today is the fresh launch of the new site. You'll see a number of changes immediately, with many further enhancements to roll out in the coming months as well! I hope you enjoy what you see, and please don't hesitate to share your feedback (good or bad!) as we work out the final kinks!
A few months ago, many of you were kind enough to complete a series of two reader surveys - one for the Nerd's Eye View blog, and another for The Kitces Report newsletter. In the coming months, I'm excited to announce that you'll be seeing the fruits of those survey results, in the form of a number of upgrades and improvements to this platform. The visual look of the blog will be modernized (yes, including an increase in the default font size!), the comment system will be replaced, and several enhancements will be made to the members section for newsletter subscribers. In addition, we will begin to offer periodic webinars for continuing education credit, and later this year the written content of the blog will be complemented by a new podcast.
You'll see these changes roll out incrementally in the coming months. For the time being, this is just an announcement of changes to come, with an important note that if you're using an RSS reader to follow the content of this blog, there's now an updated RSS feed link to use (as the details of this post explain, you just need to complete a simple update to your blog reader software to ensure you continue to receive new content in the future).
In the meantime, thank you to all of you who voted Nerd's Eye View as #1 in the recent Zywave survey of the top news sites and blogs for financial advisors!
Determining whether an advisor is any good is a remarkably difficult task for consumers; in fact, just determining whether an advisor has ever committed a regulatory violation could require contact to as many as 102 different agencies - from 50 state insurance departments and 50 state securities regulators, to FINRA and the SEC. While all the information is technically part of the public record, and to that extent is "transparent," the difficulty to view it in any consolidated manner - much less as an easy resource - renders its value remarkably limited as a consumer protection.
One company trying to tackle this problem is BrightScope, which is drawing all the publicly available information together into a central resource that consumers can use to check out their advisors and determine if there's a clean regulatory record. Recently, BrightScope announced it is also aiming to draw on fee details disclosed by RIAs in their Form ADVs to make this information readily to consumers, and is looking to add more pertinent information as well, to ultimately provide a one-stop resource for consumers to find out key information about an advisor's experience, education, costs, and regulatory record.
While shining such a bold light of transparency on the activities of advisors will no doubt draw some criticism, I believe that this kind of transparency is crucial for consumers to develop better trust with financial advisors, and ultimately can help ensure that consumers always know the truth about who they're working with as "Brightscoping" your advisor becomes a routine form of due diligence check for consumers. At the same time, the reality is that the nature of our industry is complex, and oversimplification of these realities will not help consumers either.
Accordingly, I'm excited to announce that I will be joining the Advisory Board of BrightScope in a consulting capacity, to try to help support their efforts in finding the right balance between fair information about advisors and the transparency that consumers need and deserve.
As subscribers of my newsletter The Kitces Report know, I like to survey my readers once a year to get their input on what they find least/most useful about the content and how it's delivered to them. As this blog has exploded in traffic and readership over the past year, I've decided it's now time to institute the same process here.
Accordingly, I'm hoping you'll take just a couple minutes to answer the relatively brief reader survey below, and share with me your thoughts about this blog, the content, and some services that I am considering adding to it... if the survey says I should, of course!
The survey is only 10 questions, and should take no more than a minute or two. Thanks in advance for your time, feedback, and ongoing readership!
As 2012 comes to a close, I'm thankful to all of you, my readers, who have visited Nerd's Eye View more and more over the year, and shared this blog with your colleagues. The growth has helped to renew my energy and enthusiasm to continue writing regularly here in the coming year, as well as reinvest into the site; in the coming weeks, you'll see a significant re-design rolling out. And yes, due to popular demand, it will include a larger default font size!
With life and work as busy as it is, though, I know that most people don't have the time to keep up with everything that's written here, and it's an unfortunate "curse" of blogging that articles, once written, often vanish to the archives, never to be seen again outside of an occasional Google search or two. Accordingly, I've compiled for you this list of the 12 most popular articles that ran this year on Nerd's Eye View. So whether you're new to the blog, or simply haven't had the time to keep up with everything, I hope that some of these will (still) be useful or of interest to you!
Thanks for a great 2012, and looking forward to an even better 2013!
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As I come up to speed on the world of blogging, it is my goal to make it easier for all of you to read the content on this website. Accordingly, I have configured this blog's content to publish via FeedBurner, so that you can conveniently using any number of blog reader programs to keep up with new content.
