Your cohosts address questions from the XYPN community on whether spamming potential clients is a reasonable marketing technique, why selling insurance doesn't vibe with the fee-only structure, when and why advisors should register an RIA, and more.
You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/63
The path to success requires entrepreneurs to weather many storms, and Andrew's story and his advice for other financial professionals considering launching their own RIAs make for a must-listen-to podcast. He dives into the realities -- both good and bad -- about self-employment and owning your own business.
In addition, you'll learn how Andrew pushed passed the reluctance to narrowly define a target audience and how that's generated opportunities that he would have otherwise missed.
You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/62
Our guest today, Hannah Moore, bought and now runs a firm after she worked out a succession plan -- but that was only the start of her path as an RIA owner.
Hannah Moore is a Certified Financial Planner and the owner of Guiding Wealth Management. She purchased the firm from a retiring financial planner while in her early 20s. After the sale, she took extra steps to revamp and rebrand the business.
On this episode, we talk in detail about how she revamped her firm and transitioned to a RIA from the broker-dealer relationship and how she was able to drastically reduce her client roster from 300 to 18 without impacting her revenue.
You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/61
Garrett launched Be Awesome Not Broke, a financial coaching firm that helps clients identify their goals while establishing a firm financial foundation based on building cash flow and debt management skills.
Garrett's business model is one that financial planners will find intriguing. There's tremendous potential to improve the client pool of those seeking comprehensive financial planning services from efforts like Be Awesome Not Broke.
You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/60”
If you're having a difficult time valuing your time or lining the services you provide up with an appropriate pricing structure, tune into this episode. And make sure you take plenty of notes on this great information that will surely help you build a profitable practice that serves your ideal clients at the highest level.
You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/59