Insights from 89,000 Client Emails: Financial Tips Driven by Data | Jazz After Dark

by | May 7, 2023 | Traditional IRA | 11 comments

Insights from 89,000 Client Emails: Financial Tips Driven by Data | Jazz After Dark




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Russell’s Reserve Review 0:00 – 1:17
Intro To Topic 1:18 – 5:25
Email 1 5:44 – 8:20
Email 2 8:26 – 9:50
Email 3 9:52 – 10:44
Email 4 10:45 – 13:22
Email 5 13:27 – 16:28
Final Thoughts 16:29 – 19:07
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Data-Driven Financial Tips: Insights from 89,000 Client Emails

Jazz After Dark recently released a report on data-driven financial tips based on insights gathered from 89,000 client emails. The report offers valuable insights into the financial behavior, preferences, and challenges of consumers.

The report found that the most common financial concerns for consumers are debt management, retirement planning, and saving for a down payment on a house. Of these concerns, debt management is the most pressing, with 40% of clients emailing about this issue.

The report also shows that clients are increasingly interested in sustainable and socially responsible investment options. Over 20% of clients expressed an interest in investing in companies that prioritize sustainability or social responsibility, with many of these clients being millennials.

Furthermore, the report highlights the importance of financial education. Clients who received educational resources on financial management were more likely to take action to improve their financial situation. These resources included articles on budgeting, saving, and investing.

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In terms of saving and investing, the report found that clients who set specific financial goals were more likely to achieve them. Clients who set goals for savings, retirement, and debt payoff had higher success rates in all categories.

Finally, the report offers valuable insights into the benefits of working with a financial advisor. Clients who worked with financial advisors reported feeling more confident and in control of their finances. They also reported higher levels of satisfaction with their financial situation.

In conclusion, Jazz After Dark’s report offers invaluable insights into the financial behavior, preferences, and challenges of consumers. The report highlights the importance of debt management, sustainable investing, financial education, goal setting, and the benefits of working with a financial advisor. By leveraging these insights, consumers can take concrete steps towards achieving their financial goals.

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11 Comments

  1. Caleb Kohl

    I think you should make this a regular segment. Great to hear questions from other people encountering different things in their lives and how you respond to them.

  2. Michael Sills

    Nice video. Hey…Dave Ram$3y seems to have done pretty well by publicly answering peoples' questions.

  3. Paul Brinkman

    A friend (we’re both in our 60s) with a seasoned résumé (CPA, CFO, CFP, business owner) told me that he recently purchased term life insurance to assure his spouse quick and easy access to cash in the event of his untimely death to allow her freedom to pivot (maybe a condo closer to their adult children) with no disruptions to cash flow and their remaining asset base. A surviving spouse has enough to consider emotionally, socially, and financially (i.e. single taxpayer). Then again, with adequate resources, your emergency fund could serve as a “death account.”

  4. Go and Love

    Always appreciate your quick and thorough responses to my emails! This was a fun video to watch to see other client questions

  5. Bob Hutchins

    I dig the format. I can’t wait to work with y’all. 🙂

  6. S D

    Is journaling the correct term for moving cost basis from one account to another officially or just what you call it? Sounds like recharacterzation I did with my iras where it just moved the funds without any buy/sell which I never want to happen. Any advice for how to word this to a brokerage who maybe doesn’t offer these services and you wanna find a loophole or get them to adjust if possible …

    Good video! Nice to hear some normal questions and responses !

  7. Bruce Smith

    Thanks Dustin great advice.

  8. Jay Browne

    You should have said something, I live in KY… right here in Bourbon country

  9. Edmund Roberts

    Loved all the different scenarios of other peoples lives/problems be sure to do this again!!

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