" In a 50-year career and as a longtime subscriber: there is no publication that has provided more value and wisdom to the advisor population than your newsletter. Invaluable."

-- from an advisor since August 1976

" This year has been especially challenging given politics entering the conversations like none I have ever seen. I turn to you [via NMI], and you always have the right words for us. Sincere appreciation for always being in our corner."

-- from a 34-year industry veteran

" Your concept of The Package (December 2024) has been absolutely oxygenating and energizing for me. Clients are expressing increased confidence in our plan and my stewardship. Sincerest gratitude."

" I reach out today to let you know the annual client letter you authored (NMI January '24) and encouraged us to share with clients is a masterpiece. I wasted no time distributing it to my clients, and their positive responses have been encouraging. "

-- from a 39-year veteran advisor

" I am writing to thank you for the essay "The Truth Versus The Darkness" (NMI November '23). I think this is among the very best of your work, and I will revisit it regularly. I am thankful for your insight. "  

-- from a third generation advisor

" Thank you for being our beacon, our guidepost, our lighthouse and the only public (or semi-public) voice of reason and intelligence. [Responding to the July 2023 Client's Corner "The end of the world has been inexplicably postponed. Again."] 

-- from a marathon-running grandfather of nine

" This month's (July 2022) Client's Corner ("We're in a bear market. You need to ask yourself one question.") was the best one ever. I had our entire team do your "stocks vs. companies" exercise, and we're preparing to get it out to all our clients. Thanks for giving us the model, the resources, the wordsmithing and just the common sense to look around and see that all of history tells us exactly what we should be doing with our clients."

-- from a 22-year veteran advisor (and 17-year NMI subscriber) in the Midwest

" I am coming up on 40 years in the life insurance business. Two or three years in, I secured my securities licenses and started reading your books. They diversified my portfolios of my life clients. Your books and newsletters changed my career as well as my income. I thought I learned a lot in grad biz school but you taught me how to treat clients as people. We are both aging in place (I am now 73). God bless you for what you have done for my family and my clients."

-- from a similarly aging veteran

"My wife and I have been financial planners since 2014 and I've been a subscriber for 4-5 years now. There is not a doubt in my mind that reading your work and adopting your philosophy was the inflection point in my career. I can truly say that I'm happily doing well by doing good. And I feel that I owe it all to you."

-- from a Pennsylvania subscriber  

" Your common-sense, fact-based newsletter is invaluable to all the advisors it serves, and to the clients to whom we send your Client's Corner essays."

-- from a 40-year veteran advisor and longtime subscriber

" My impact on the world has been made richer because of your impact on me and my team. I may never be able to deliver those words in person, so I didn't want any more time to pass before sending them along

-- from a prominent woman advisor and team leader in the Southeast

" I ended my years of procrastination and subscribed yesterday. Missing your newsletter in my practice is probably akin to an investor staying in cash since 2009. Thank goodness you have an archive. This great profession of ours owes you a debt of gratitude."  
    -- from a brand new subscriber

" I've been a subscriber for fifteen years. Your January issue is some of your best work ever. The newsletter has been the most meaningful influence of any professional periodical I've read."
    -- from a very long-term subscriber

" Thank you for the draft letter to clients in the newsletter issue before the election. It helped our clients tremendously."   
    -- from a very long-term subscriber

" I have been following your philosophy of advice for over eight years, and every outcome you wrote would occur in your newsletter/books has occurred. Thank you."                
 -- from (you guessed it) an eight-year subscriber     

" At the top of my Thanksgiving 2018 thankful list is your newsletter. I'm profoundly grateful for your influence, teaching -- and occasional punch in the face. I've particularly needed your counsel during this autumn's market decline, as I've struggled to keep my head straight. You are the dominant determinant of my success."    

  -- from a longtime subscriber occasionally in need of a punch in the face

" Thank you for your Client's Corner every month. It's becoming a kind of book club meeting at my office for about a dozen clients. Affluent investors appreciate the straightforward nature of it, and have introduced me to an entire world of like-minded prospects. It really is a high quality conversation piece, and makes me look good."
   -- from a subscriber in the beautiful mountain west

" Just got the latest NMI and as usual, I stop whatever I'm doing to digest it. I can't say enough, I can't thank you enough for putting to words your thoughts. You have a unique ability that is unlike anyone I've ever read in the industry. I'm grateful and appreciative.
-- from a CLU, ChFC, AIF

" I just renewed my subscription. Money well spent! The wisdom you've imparted to my clients and me over the past decade is immeasurable. You have truly changed the trajectory of my life. God bless! "
-- from a (you guessed it) ten-year subscriber

" Through your inspiration, leadership and guidance my clients have benefited beyond measure. However, the greatest beneficiary by far has been me and the impact your work has had on our portfolios and family. My bride and I often talk about the gift that just keeps giving and that would be you. "
-- from a subscriber

" I thank God every morning when I wake up that I stumbled onto your newsletter. Thanks so much for what you have enabled me to do for my clients as well as my own family. "
-- from a multi-year subscriber

" Thank you for giving me much greater value than what I've paid you. Your writings are not mere words on a page, they are constants in energy that allow me to forge forward, to offer my clients a better version of me. "
-- from a veteran newsletter-subscribing, book-highlighting, Conference-attending sole practitioner

" Prior to your guidance, my previous mentors had preached protecting revenue by always keeping clients happy (i.e. allowing them to do what they wanted even when it was clearly wrong). You have taught me that protecting my dignity and self-worth, and always doing what's right, is the only way to live. Thank you. "
-- from a six-year newsletter subscriber and five-time Behavioral Strategies Conference attendee

" As I start my 20th year in the business, I am convinced that I would not have succeeded without your support and help. With the impending changes (or not) of the DOL and all of the attendant busywork to prepare for it, it is still great to have the wisdom and calm of your newsletter to look forward to every month. "
-- from a longtime subscriber who now has three assistants

" I have been preaching your values for almost my entire 30 year career and...the amount of love that I receive from my clients on an almost daily basis still astonishes me. I am grateful for your time and efforts in helping us help others in our noble profession. "
--from a charter subscriber and regular Behavioral Strategies Conference attendee

" Your point about charging for advice on "held away" 401(k) assets solves my compensation issue. Thank you again for your time and advice.  Your newsletter service is the best value in the business...I wish I'd found it sooner!  "
-- from a subscriber

" Thank you for sharing your wisdom, encouragement, advice, and inspiration. You've helped me start to find my voice and figure out who I am. Reading your work feels like drinking out of a fountain of pure truth. "
--a veteran advisor and recent subscriber

"I just wanted to let you know that the majority of my success, even after business interruptions that should have blown me or anyone out of the business, is because I have followed your lead and internalized your voice. I now (after 32 years) get to work with my three sons, largely because of you."
--from "a lifetime subscriber since day one"

" I am a relatively new subscriber but a long time follower. You have had a profound effect on my life and that of my family.  I will never be able to thank you enough. Thank you for all you have done for advisors like me and our families.  You are a godsend!"
-- from a recent subscriber and fellow Duke dad

" I just subscribed after being away from your newsletter for years. Today, I just wanted to tell you that as I reflect back on the past 17 years since I first met you, no one has had a more positive impact on my professional life than you. Thanks for your advice and leadership. "
-- from an advisor in his 60s, returning to the fold

"The fruits of your labors will be impossible to measure, and the mark you will leave upon our nation will save families and marriages and more. "
-- from a 30-year veteran advisor

" As a new subscriber, I thank you for sharing your wisdom and guidance. Your information is simply the best resource I have found to help me articulate better my practice's guiding principles of Behavioral Finance to my clients. "
-- from a new subscriber

" I cannot say it enough nor can I find words to explain how you've changed the fortunes of our family. "
-- from a long-term subscriber

" Just a quick, belated note that your August (2015) Client's Corner piece was one of the best you've done and that I've seen. I continue to be amazed and appreciative of your ability to help me view the same themes and messaging through countless different lenses through your writing. "
-- from a CLU wealth manager in the midwest

" The service you render to so many of us is so completely underpriced and so enormously valuable that it is hard to describe. The good you do is beyond measure. Your advice has always been spot on, and the early release of your September newsletter was an incredible statement that you care about the following you have across the country who listen to you. Timing was perfect, and what went unsaid was your desire to help and the care and concern you obviously possess for all of us. Your advice and books are the most important tools I've ever used in 40+ years. Thanks from the bottom of my heart. "
-- from a four-decade CLU subscriber

" Your teachings are core in my practice. My clients and I benefit greatly from your conveyance of wisdom. "
-- from a CFP and longtime subscriber

" Thank you once again for your excellent newsletter. It is without a doubt the best investment I have ever made. "
-- from a longtime subscriber

" Your newsletter has had a transformational effect on my business. The essay and chart on dividend growth (December 2014) is as compelling as anything you have written. Your book recommendations have made me a student of history; I am not just a better advisor but a better person for having read them. "
-- from a subscriber

" Recently, I disengaged from two long time clients because I decided that I would operate only on your principle that if any prospect or client was telling me how to run a portfolio for them, then they had the wrong advisor. I made up the loss of the revenue in less than 30 days and it gave me a sense of control of my career, pursuant to your theory of the Great Cosmic Bank (most recently in the December 2014 issue). Reading your newsletter over the last few years has given me the confidence to make this commitment, along with implementing a total wealth management process for my clients. I have never been happier and more satisfied with my career than I am now. Keep doing what you have been preaching; it has made a profound difference in my career and my family's life. "
-- from a Midwestern subscriber

" Reading the November (2014)newsletter. The article on authenticity - I can't decide whether to stand on my chair and shout hurray or cry due to the encouragement this provides me. Amen, brother. "
-- from a subscriber

" I could never repay you for all the blessings you've bestowed upon me, my family, and all the families on my Ark. I read your book Serious Money in 1993 when I first entered this business. Since then, I've read (at least once) every book and newsletter you've written. Now, 21 years later, following your coaching, I have far surpassed all of my personal financial goals. Moreover, we've helped so many clients achieve their own financial goals. Deep in my bones I believe that none of this would have happened but for you. You're my own Bagger Vance. Thank you from the bottom of my heart for all you've done and for all you are. "
-- from a charter subscriber

" Just wanted to say I loved your cover piece in this month's issue ("It Isn't 'Buy and Hold'" October 2014). I thought it was a very valuable piece, and I think that point/topic would make a great eventual Client's Corner essay. Thanks for what you do! "
-- from a subscriber

" I was going to provide a testimonial here but read the ones on your site and figured there was nothing that I could say that hadn't already been said. You indeed give a lot of us the inspiration and tools to carry on. The essay "A Month of Quiet Joys" (October 2014) had me laughing out loud. So for a second time (and I don't see it being the last): you're the best! Thanks for all you do. "
-- from a happy subscriber

" Your Client's Corner piece is always great, but this month's (August 2014) piece is absolutely fantastic! I shared it with clients and already have had a lot of positive feedback! Keep up the great work! "
-- from a longtime subscriber

" After reading three of your books and a bunch of your newsletters, I've gone from insecure about my value at a 1% fee, to strongly secure and even semi-religious/annoying about it. I'm very grateful for your wisdom and enjoy reading it. The end result is that I'm optimistic that I'm in the right place, and it's an incredible feeling. Thank you so much, and I hope you keep at it for years to come. "
-- from a longtime subscriber

" I give you credit for my success in this profession, but more importantly for how your mentoring has helped me guide my clients over the years. It has enabled them to sleep better, thereby allowing me to have less stress in my day to day practice. I run into advisors all the time playing the timing and selection game. I shake my head and thank my creator for you! "
-- from a longtime subscriber

" Thank you, Thank you, Thank you. AGAIN! Your answer to the "reverse churning" question in the March issue is worth every subscription fee and Conference tuition fee we've ever paid you. We make sure our clients do nothing most of the time, and that justifies our fee, but we've had it strongly suggested to us that that answer isn't good enough. Your Ask Nick answer gives us the perfect answer! See you in New York. "
-- from a mother and son team of charter subscribers and Conference attendees

" I will be attending April's Greatest Hits event and I am eagerly awaiting the experience of hearing you in person and visiting your fantastic city. However, after reading your latest issue of NMI (March 2014), I just had to write to you and tell you how much I value and appreciate your contribution to my career. This latest issue, if not the best, is one of your very best! Thank you so much! "
-- from a branch manager in Ontario, Canada

" Prior to subscribing to your newsletter and reading your books I did not possess the skill and language to speak to clients the way I now do. Thank you for that gift. My family and clients' lives are much brighter because of what you do. "
-- from a subscriber

" A success story, in no small measure due to your guidance: My son and I were at our broker/dealer conference with 3,000 reps when Treasury debt was downgraded. The DJIA was down over 700 points, reps were racing to the phones to take panicked clients calls. About 1,000 reps actually left the conference immediately due to their office chaos. Our office received exactly one call, from a client who wanted to invest more money immediately. I believe we do a great job. And you, sir, remain the backbone of our guidance. Thank you for all you do. "
-- from a Florida subscriber

" Each and every month, I begin looking for your new issue before it is published, and each month the value received from your work is off the charts. I continue to appreciate all you do. "
-- a subscriber in Contra Costa County, CA

" Thank you for enlightening my thinking, sharpening my message, and simplifying my life. As they say, “the teacher will appear when the student is ready.” Without your help, I wouldn't have had the conviction to maintain equity heavy portfolios with my retired clients through 08-09. Most of these folks are wealthier today despite over a decade of withdrawals! Thanks for being a guiding light in a world of noise and misinformation! "
-- a longtime subscriber

" Thanks to the book recommendations you've made in the newsletter, I'm back to the person who is always working on an interesting book. Even though I have been a subscriber for many years I still find new things in your newsletter, and it continues to have a great and positive affect. This is an extremely important event for me as I continue to move ahead with my business and I felt I needed to thank you for it. "
-- a subscriber

" I dread the day you retire - I simply love reading your newsletter every month. But I will not borrow trouble. I will continue to believe that you will live forever, dragging each and every one of us advisors kicking and screaming to be the best we can be! Thanks for all your hard work. "
-- a subscriber

" Your opening essay in the August issue ("We Told Them So, Two") feels like I'm back on the sports field as a kid, and our coach has just gathered us together after a hard fought battle -- and quietly commended us not on winning but on believing we could. Thanks, coach. "
-- a subscriber

" Your newsletters and books have certainly bolstered my resolve during those difficult times when I struggled to build a financial practice. My clients and I will be forever in your debt. Thank you for continuing to speak the simple truth, even when most people don't want to hear it. When you do, I am reminded I must do the same. "
-- a fifth year advisor in Alaska

" Just got back from a month long vacation (Italy and Hawaii, my family has never been more connected and joyful) and I raised a glass in your honor many times thanking you for giving me the strength and knowledge to be in this position. I came back to a slew of emails from clients asking me how my vacation was and not one mention of the markets. You have helped me gather a fantastic group of people. Looking forward to your Greatest Hits Conference. "
-- from a longtime subscriber in Century City, CA

" Thank you for the consistent messages that help clients and me stay the course regardless of market or corporate changes. The vision shared through your excellent newsletter casts a shadow over all that I do, helping me stay cool in thought, speech and action during times of heated volatility. "
-- a renewing subscriber in Texas, writing on a Sunday morning

" I'd like to thank you for all of the energy and insight that you put into your newsletter. I've been a subscriber for a few years now and you've changed the way I run my practice. "
-- from a subscriber in Alberta, Canada

" Your newsletter has become an important part of my practice. I draw from it frequently for talking points. It amazes me how our people can't provide anything close. Their stuff is terrible. Keep it up, please. "
-- an agent of a major life insurance company

" I haven't begun reading the June edition yet and it dawned on me that opening up your latest gem is my favorite part of month end. Your stuff infuses me with positive energy and perspective and helps me be a great advisor. "
-- a longtime subscriber in Michigan

" I first heard you speak within the first 6 months of my entry into this great business in 1994. Your wisdom has been the dominant thought force in the way I have grown the practice, now reaching its 20th year. We still serve clients from my earliest days and they still speak of their stateroom in the ark, asking if there is room for the next generations. Thank you! "
-- a subscriber

" I can't express in words how valuable your guidance and perspective has been to me and my family over the years. Thanks so much. Every time I read your latest edition, I think how in the world will he ever top this? And yet each month you manage to do just that. "
-- a subscriber

" Sometimes in the dark times of late 2008 to mid 2009 you were the only voice speaking optimistically and rationally. I needed that reassurance at times. Thanks for keeping me lashed to the mast so I wouldn't be swept overboard in the typhoon. "
-- a subscriber

" We opened our office eighteen months ago and things have been wonderful. We are managing more money now than we were before, and are doing it with half the clients we had. More importantly, we are running the business the way we want to run it, not the way we are being told to run it. Thanks for all your guidance in helping make this happen. "
-- from an RIA subscriber in Tucson

"My practice grew a little more than 100% last year...I thank you for providing much of the perspective and reason in an otherwise unreasonable (or, at the least, myopic “it's different this time”) environment."
-- from an advisor wo started a second career after 20 years as a highly decorated Army officer

"As a charter subscriber to your newsletter and an avid follower since I first heard you speak many years ago, I want you to know that you have been the single greatest influence on my career and on my clients' lives. I am eternally grateful!"
-- a charter subscriber in Canada

"Thank you for the valuable contribution that you have made to the tremendous growth of my practice. I look forward to your monthly insights, just as I did as a kid waiting on Thursdays for Sports Illustrated to arrive in the mail [that is a compliment!]."
-- a subscriber

"I thank you for your willingness and tenacity to provide clarity in a field of work that is constantly getting cloudy. Your communication, in various forms, has been invaluable to me and worth much more than the subscription cost."
-- a longtime subscriber in Kentucky

"Just a heartfelt THANK YOU. Thanks for being there monthly, providing perspective, and the unvarnished truth that our actions are all that matters in this profession. This has not been an easy year for me, but you have made it better. Thanks for your support and thank you in advance of the coming year."
-- from a longtime subscriber at a major regional firm

"Thanks for another great year of most useful insight. Your leadership is invaluable."
-- a subscriber in Toronto, Canada

"Your work has been a tremendous help to me and I am sure to your other subscribers, and even when I think I have seen the best there is of it, it gets better and more helpful. One of the things I am thankful for this Thanksgiving!"
-- a subscriber

"As I start the second quarter century of my career, I can never thank you enough for all of your insights into this wonderful profession that we have both chosen. I am forever grateful. "
-- a subscriber

"I owe you a huge thanks. In the current market meltdown, I have had exactly one worried call -- from my mother-in-law. Since I became a subscriber in late 2008 my production has risen by 21% (2009), 18% (2010), 39% (2011) and on pace for 30% (2012). As a result of this increased production, I am proud to report I am able to send my daughter to Duke University this fall as a freshman."
-- a subscriber

"Your work has been a beacon of truth for my whole career. Our clients are being better served because of the courage you inspire in us ."
-- a subscriber

"I started subscribing during the height of the financial crisis. As a result, I did the right thing, and my clients did the right thing. I was blessed in a special way during this time by knowing you through your newsletter and commentary. Thank you."
-- a subscriber

"Started my business in 2004 as a 55 year old airline pilot with a need to replace my dear departed pension. Mission accomplished and your wise counsel has been invaluable.
-- a subscriber

"Your newsletter is worth more than the subscription price just based on the value of Client's Corner. The April piece on the Lost Decade was spot-on. Thanks!"
-- a subscriber

"Your writings have inspired me to completely re-engineer my practice over the past few years. As a husband and father, it has given me a life I could have only dreamed of. The generational implications are significant. On behalf of my family, thank you for that."
-- a multi-year subscriber

"The March newsletter is probably my favorite issue since becoming a subscriber. Thank you for the wonderful work you do! It has been a priceless benefit to my practice."
-- a subscriber

"I have been a disciple for many years and credit you for much of my success. I want to compliment you on the March issue. I do not know how you do it but the issue is a beautiful thing. Thank you for all that you do."
-- a subscriber

"My practice has become virtually stress-free and my income has tripled since I first met you five years ago and transitioned to a behavior-oriented practice."
-- a subscriber in Florida

"The new newsletter site and format are a huge improvement. I sincerely value the work you do and have told many friends in the business that reading your newsletter puts the steel in my spine when it comes to managing money and standing strong in the face of difficult markets (and sometimes difficult clients)."
-- a subscriber in Colorado

"Twelve years later, I still turn to your newsletter for strength, focus, and wisdom. With the piles of industry newsletters and magazines, yours is the one I read completely...You do make a difference and have had a profound impact on me. Thanks for being part of my practice and my life."
-- a subscriber in California

"Although I've been in the business close to 40 years now, Nick's wisdom is a blessing on a daily basis."
-- R.C. from Washington

"Of all the business expenses I incur, the subscription to NMI is the best return on my money, bar none. Feel free to pass this along to any prospective subscribers."
-- a long term subscriber

"I love the new newsletter site / service. Your service is priceless. Frankly, if your newsletter cost thousands a year...I would pay it with happy dollars."
-- a very long term subscriber

"... Now, three years later, I'm in a much better and healthier place than ever before. I owe much of this to you. ... Thank you."
-- a subscriber in New York

"It's hard to believe that it has been twelve years since I first began to receive your newsletter. Not only is my production at record levels, but my book is much better. My clients don't panic when the market drops, and our conversations are always focused on the long term where they belong!"
-- a subscriber in St. Louis

"Nick, ... Another year has come to an end and I, once again, feel compelled to thank you for your guidance...."
-- a subscriber in New York