Margie Glenn, CPA, CFP®

Working with the right financial advisor can help hold you accountable on your journey to financial freedom. Plante Moran Wealth Management Principal Rob Forte and Manager Zach Auxter share 5 reasons to consider hiring a professional financial advisor in their latest article. Read here. #financialadvisor #wealthmanagement #financialplanning https://okt.to/v4jXAg

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With the Franchise Disclosure Document deadline quickly approaching on April 30th, this article in the Franchise Times can serve as a learning experience for all as to the importance of accurate information in the FDD. I Heart Mac and Cheese, a 36 unit fast casual concept, is in hot water in Indiana for allegedly falsifying information in their FDD, as well as over-promising on store profitability. While the excitement of running an emerging brand can surely lead to assuming the best case scenario in regard to sales and profits, it is extremely important to be realistic with the data that you have. In franchising, the idea of the 'Data Driven Franchisee' is essential in today's world. However, without a Franchisor who shares the same ideologies, ideal franchisees become more elusive. Without reliable data, you're unable to make effective decisions, understand your brand, or grow your business. In steps a tool like the solution offered by ProfitKeeper by PrimePay. By consolidating and streamlining the collection of P&L data, you have crucial financial data at your fingertips. This allows you to fully understand the health of your brand, and accurately present financial data in your Item 19, as well as in conversations with prospective franchisees. Interested in learning more? Send me a message! https://lnkd.in/esatCs3Y

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Last week, Cantor Fitzgerald Asset Management participated in the 2024 Mariner CPA Summit in Kansas City. Jay Frank, President of Cantor Fitzgerald Asset Management, delivered valuable insights on tax and event-driven real estate strategies highlighting how proactive tax planning and strategic investment solutions can optimize portfolios and help advisors and CPAs grow their practices. A special thanks to Mariner for organizing this summit. #InvestmentManagement #TaxStrategies #EventDrivenInvesting #CantorFitzgerald #MarinerCPA #FinanceSummit

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Rolling Over a Significant 401k or Retiring? Transferring the accumulated wealth in a large 401(k) portfolio into a personal IRA creates a new array of choices, risks, and opportunities. Clear, experienced guidance may be needed, as well as evidence-based planning and investment options. All with your best interests in mind. To learn more, visit https://ow.ly/ia9p50Sijni. #retirement #401krollover #fostergroup

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Dayton & Southwest, Ohio - Are you over age 50 and wondering what type of financial professional to hire? Check out this question from our recent blog article, "What Is Fee-Only Financial Planning" "Fee-Only Financial Planning Pros and Cons Pros Transparency: Clients know exactly how their advisor is getting paid and that they are paying directly for advice instead of purchasing a product where a third party would compensate the advisor. Less Conflicts of Interest: Because fee-only financial planners do not receive commissions, they are often more likely to recommend financial products and strategies that are genuinely in the client’s best interests. Conflicts of interest are not completely eliminated however, as advisors who manage investments can be biased against recommendations that would cause the investment account balances to drop dramatically. Fiduciary Responsibility: Fee-only financial advisors often act as fiduciaries, meaning they are legally obligated to prioritize the client’s interests over their own. Cons Cost: Fee-only services can be expensive, especially for clients who aren’t used to paying out of pocket for financial advice. Accessibility: Some fee-only advisors have high minimum investment asset requirements, making their services less accessible to all clients. Less of a One-Stop-Shop: Because fee-only financial advisors don’t receive commissions for selling products, clients will often need to have financial products including insurance policies and loan products held at separate financial institutions outside of the practice of their financial planner. " Click here to read the full article: https://buff.ly/4eAxHmm #daytonohio #daytonoh #ohio #retirement #retirementplanning #money #financialadvisor #financialplanning

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Working with the right financial advisor can help hold you accountable on your journey to financial freedom. Plante Moran Wealth Management Principal Rob Forte and Manager Zach Auxter share 5 reasons to consider hiring a professional financial advisor in their latest article. Read here. #financialadvisor #wealthmanagement #financialplanning https://okt.to/UnVO16

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Thanks to our #partners, FPA of Illinois can equip financial planners with the knowledge they need to serve their clients effectively. Together, we're building a stronger financial future for everyone. #ILFPA #FinancialPlanning #CFP

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There are a number of different hobbies that some taxpayers turn into businesses. Here’s how they can protect tax breaks on their tax returns: https://lnkd.in/gcKgSWYh

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