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The practice of financial advising has gone through a series of substantial disruptions in the 20th and 21st centuries, and the rate of change in our profession will likely continue or accelerate. Understanding the path that has led to this current iteration gives us a clearer understanding of our industry. Looking forward to emerging trends and adjusting our practices accordingly assures that we will stay relevant to client needs and remain effective in our profession.
Michael Kitces is the Chief Financial Planning Nerd at Kitces.com, dedicated to advancing knowledge in financial planning and helping make financial advisors better and more successful. He is also the Head of Planning Strategy at Buckingham Wealth Partners, co-founder of the XY Planning Network, AdvicePay, fpPathfinder, FABeanCounters, and New Planner Recruiting, and the former practitioner editor of the Journal of Financial Planning. Additionally, he hosts the Financial Advisor Success podcast and is the publisher of the popular financial planning industry blog Nerd’s Eye View.
In 2010, Michael was recognized with one of the FPA’s “Heart of Financial Planning” awards for his dedication and work in advancing the profession.