{"product_id":"someday-rich-planning-for-sustainable-tomorrows-today-hardback-9780470920008","title":"Someday Rich; Planning for Sustainable Tomorrows Today (Hardback) 9780470920008","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eSomeday Rich\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003ePlanning for Sustainable Tomorrows Today\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003e\"Good financial advisors manage investors as much as they manage investments. They engage in real conversations with clients by asking, listening, empathizing and educating, before prescribing investment solutions. Timothy Noonan and Matt Smith guide advisors into real conversations with clients, replacing ignorance with knowledge, and fear with peace of mind.\"—\u003cb\u003eMeir Statman\u003c\/b\u003e, Glenn Klimek Professor of Finance, Santa Clara University; author of What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eTimothy Noonan (Author), Matt Smith (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470920008, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 30 December 2011\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e320 pages\u003cbr\u003e22.6 x 15.5 x 3.3 cm, 0.544 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eTo truly be successful, today’s financial advisor must strike the right balance between effectively engaging with his or her clients and finding meaningful ways to maintain their financial security. By framing your mission in this way, you can help your clients clarify their vision, build a plan to achieve it, and manage that plan so they stay on track.  \u003cp\u003eNobody understands this better than authors Timothy Noonan and Matt Smith—two seasoned financial professionals with over five decades of combined experience working in the asset management business. And now, in Someday Rich, they show financial advisors with clients who are rich, or have the opportunity to become rich, how to sustain a client’s desired lifestyle to, and through, retirement.\u003c\/p\u003e \u003cp\u003eEngaging and informative, Someday Rich provides the context, description, and implementation suggestions for the Personal Asset Liability Model—a process that will allow you to determine a client’s funded status relative to their future spending needs as well as develop and monitor their investment plan accordingly. While the methods in the Personal Asset Liability Model may not have been practically accessible to past advisors with a large number of clients, this model now brings together the technical methods to answer important client questions in a way that is feasible and includes the communication strategies that can make the delivery of the advice model more effective.\u003c\/p\u003e \u003cp\u003eAlong the way, this reliable resource discusses the business of giving good advice and addresses how to incorporate these steps into a client engagement road map. Insights on various other issues associated with this discipline are also included, such as how to develop client trust and deliver personalized service when you have so many clients, and contingency risks—life, health, disability, and long-term care—that need to be considered in the financial planning process. And in later chapters, single-topic essays, contributed by experts in the financial planning field, cover issues ranging from target date funds and the investment aspects of longevity risk to modern portfolio decumulation.\u003c\/p\u003e \u003cp\u003eBuilding more valuable relationships with your clients is a difficult endeavor. But with Someday Rich, you’ll discover what it takes to achieve this goal as you put them on a path to a sustainable financial future.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xv\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003eChapter 1 Time for a Real Conversation 11\u003c\/p\u003e \u003cp\u003eChapter 2 How We Got Here 27\u003c\/p\u003e \u003cp\u003eChapter 3 The Right Clients 43\u003c\/p\u003e \u003cp\u003eChapter 4 Connecting the Dots 61\u003c\/p\u003e \u003cp\u003eChapter 5 The Personal Asset Liability Model—Funded Status 79\u003c\/p\u003e \u003cp\u003eChapter 6 The Personal Asset Liability Model—Investment Plan 101\u003c\/p\u003e \u003cp\u003eChapter 7 Making a Good Business of Giving Good Advice 133\u003c\/p\u003e \u003cp\u003eChapter 8 Investor Archetypes 161\u003c\/p\u003e \u003cp\u003eChapter 9 Tripping Over the Finish Line 171\u003c\/p\u003e \u003cp\u003eChapter 10 On Shaping One’s Future 191\u003cbr\u003e\u003ci\u003eAlbert Bandura\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 11 Building a Simple and Powerful Solution for Retirement Saving—Russell’s Approach to Target Date Funds 203\u003cbr\u003e\u003ci\u003eGrant W. Gardner and Yuan-An Fan\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 12 Investment Aspects of Longevity Risk 223\u003cbr\u003e\u003ci\u003eDon Ezra\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 13 Mismeasurement of Risk in Financial Planning—A Lesson in Risk Decomposition 237\u003cbr\u003e\u003ci\u003eRichard K. Fullmer\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 14 Modern Portfolio Decumulation—A New Strategy for Managing Retirement Income 249\u003cbr\u003e\u003ci\u003eRichard K. Fullmer\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAppendix A Lessons Learned from Retirement Income Research 273\u003c\/p\u003e \u003cp\u003eAppendix B The New Language of Retirement 277\u003c\/p\u003e \u003cp\u003eAbout the Authors 283\u003c\/p\u003e \u003cp\u003eIndex 285\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52509178659096,"sku":"9780470920008","price":33.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470920008_242416.jpg?v=1786496288","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/someday-rich-planning-for-sustainable-tomorrows-today-hardback-9780470920008","provider":"Freshly Printed Books","version":"1.0","type":"link"}