From Management Consultant to Entrepreneur, Sonny Kapoor Finds Opportunity in Estate Planning

5 MINUTE READ TIME
CEO Sonny Kapoor and co-founder Rocky Mehta founded OneDigitalTrust, a pioneering digital estate planning platform, to spare families the stress and strain of dealing with the costly and time-consuming process of a loved one dying intestate, or without completing their estate planning. Through their own experiences, they tapped into a little-known opportunity to address the […]
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Cracking the Code: How to Help Mass Affluent Clients Embrace DIY and Advisor-Assisted Estate Planning

4 MINUTE READ TIME
Many financial advisors, particularly those serving clients through credit unions and community banks, face a challenge: how to effectively engage the “mass affluent” market. These folks have a household income of at least $75,000 and liquid assets of between $100,000 and $1 million. They comprise one-quarter of our nation’s population. They are the middle class […]
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Digital Estate Planning Rounds Out Financial Advisors’ Wheelhouse

4 MINUTE READ TIME
The estate planning process is daunting on an emotional and practical level. It’s also costly, with a maze of legal documentation and pricey lawyers. Digital estate planning tools are revolutionizing the field; they offer a more accessible, streamlined and cost-effective approach for financial advisors to guide their clients. For financial advisors taking on estate planning, […]
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3 Rs to Prevent Elderly Financial Abuse: Red Flags, Relationships and Respect

4 MINUTE READ TIME
Consider financial education comprehensively for National Financial Literacy Month Recent lawsuits point to both the vulnerability of many older Americans to the scourge of online financial fraud and the opportunity that engaged financial services providers have to help thwart such pernicious crime. Two such complaints are against a top 5 bank, which is accused of […]
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Break the Habit: Digital Estate Planning as an Essential Tool and Differentiator

4 MINUTE READ TIME
The time and complexities involved in providing estate planning have long made it an outlier as a service. Investment advisors and wealth managers at traditional credit unions, banks, insurers and other financial services providers have been relegated to the sidelines as they refer their clients, customers and members to attorneys, as is the typical practice. […]
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Digital Estate Planning Empowers Your Customers to Avoid These 3 Mistakes

4 MINUTE READ TIME
Estate planning is a task easily set aside amid the demands of daily life. But life will indeed end, and your customers should have a proper estate plan in place. Even when their assets are modest and require a simple will, it is crucial for every working adult who would like to ensure what happens […]
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Mourning Has Multidimensional Costs – How Effective Estate Planning Can Ease Some of the Stress

3 MINUTE READ TIME
Effective estate planning is crucial to the people your bank, credit union, financial advisory or other financial services company serves, whether they have come completely to grips with that reality or not. Having the right plans in place helps reduce the burden that loved ones bear in settling an estate and can significantly reduce the […]
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Finding Opportunity in 2024’s Challenges to Non-Interest Income

4 MINUTE READ TIME
Through years of falling interest rates that dramatically compressed net interest margins, credit unions and banks learned to lean into non-interest income to keep the balance sheet, well, balanced. Debit and ATM transaction fees and overdraft and Not Sufficient Funds (NSF) charges have become particularly important, especially as account maintenance fees such as monthly service […]
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Estate Planning Finds Purpose-Driven Entrepreneurship in Rocky Mehta

4 MINUTE READ TIME
Sadly, most Americans have not done their estate planning or have let it get out of date. That is part of the impetus for CEO Sonny Kapoor and co-founder Rocky Mehta to found OneDigitalTrust, a pioneering digital estate planning service, to help spare families during their darkest time, the complex and costly work of dealing […]
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Digital Marketing for Financial Advisors: 5 Ways to Build Credibility

4 MINUTE READ TIME
Digital marketing for financial advisors continues to be one of the most effective ways to attract, engage, and retain clients. Digital channels such as websites, social media, mobile apps, email, and search engines provide financial advisors with a wealth of opportunities to reach a wider audience, build credibility with clients, and establish themselves as reputable […]
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