Rainbook

Included in the latest Cerulli report, “Overall, as the financial wealth of women increases, advisors and providers must understand best practices for acquiring women clients and focus on the aspects of service that women want from their financial providers,” We recognized this long ago at Rainbook and are driven by the belief that diversity fosters better financial outcomes and stronger client relationships. We decided to become the first gender balanced advisor network, in addition to: Fiduciary CFP®, CFA, CPA Independent Fee only Evaluate your advisor or find a new advisor at www.rainbook.com

Are you one of the 75% of investment clients?! If so, try our free Advisor Analyzer® to receive personalized insights.

Investors waking up to what it truly means to work with a fiduciary advisor. 🤔 If your wealth firm is earning more on your cash than you are, it’s time to reassess. That’s not how fiduciary responsibility works. 💼💡 Don’t settle for less—ensure your advisor is acting in your best interest, not theirs. Find out about your advisor @ Rainbook: 1. Is your advisor truly a fiduciary? 🔍 2. Do you know the full breakdown of ALL the fees you’re paying? 💸 (If your advisor claims not to charge AUM fees, they might be collecting even higher hidden fees elsewhere!) 3. How much is your cash actually earning? 💰 #RIA #Fiduciary #AdvisorAnalyzer #CashOptimizer

What is your cash currently yielding in your investment account?!

Investors are just now realizing the missed opportunities in the cash sweep business. Rainbook's Advisor Analyzer began highlighting this last fall and this The Wall Street Journal article by Randall Smith is from February of last year! Our cash optimizer is just one component which delivers your current cash yield alongside a detailed breakdown of your fees. https://lnkd.in/ecm8srhv

Clients at leading wealth management firms are about to see a significant increase in the returns on their cash. Whether driven by client demands or regulatory pressures for advisors to uphold their fiduciary duties, this change is a welcome development. 👀 With current short-term treasury rates yielding over 5%, many clients have been receiving only 0.05% to 0.50% on their cash. 🤯 Rainbook's Cash Optimizer can show you exactly how much you're earning on your cash and identify opportunities to reduce both management and fund fees.

Fund fee wars are getting less bloody, says Morningstar Fund fees ticked down slightly in 2023 to .36% from .37%, saving investors approximately $3.4B in fund expenses last year. 🤯 If .01% saves $3.4B .....just think the amount fees which were paid in 2004 when fund expenses averaged .87%? 🤯 Is your portfolio stuck paying 2004 fees? Find out at Rainbook. https://lnkd.in/gyErNXFw

We had an incredible experience in Chicago at the Morningstar Investment Conference last week! Presenting Rainbook to such an engaged and insightful audience was a true highlight. It was inspiring to connect with new advisors, learn from fellow presenters, and gain insights from industry luminaries. A big thank you to everyone (Nate Hartauer Lawrence Johnson Anthony Termini Kevin Reed) who made this event exceptional. We look forward to returning! #MICUS #MorningstarConference #Rainbook #Investment #Networking #IndustryInsights

As always, Michael Kitces delivers candid remarks on the financial advice industry. Commissions and Advice were once a separate ballgame before The Great Convergence. It is overdue that they be separated again. We believe clients should be working with a fiduciary advisor who is fee only and not collecting commissions on top. Find out if your advisor is a fiduciary at Rainbook. #MICUS