From fee only planning to tax planning, Scott Haley has found an interesting and successful business model for his firm. He joins us on the show to talk about how he got started in financial planning and what it was like getting a rough start initially and then finally finding the right fit in the industry. Scott shares his career ups and downs along with great advice on how to learn from others in the industry.
You can find show notes and more information by clicking here:http://www.xyplanningnetwork.com/137
Alan Moore and Michael Kitces join forces on this episode to address a topic that they have been getting a lot of questions about recently. They address the challenges that have been present when working with TAMPs and why they decided to launch XY Investment Solutions with the specific needs of XYPN members in mind.
You can find show notes and more information by clicking here:http://www.xyplanningnetwork.com/136
Just the thought of leaving a firm to start your own can be intimidating enough, but today’s guest took that leap at the worst possible time. With a six-month-old baby at home, a wife who had recently quit her job, and a barely-healed broken neck that had just undergone surgery, Mark Boujikian launched Keymark Financial this past May. Amazingly, he not only got his firm up and running, but also managed to grow it with impressive speed.
Now considered the go-to expert on incentive stock options for SpaceX engineers, Mark has learned plenty of valuable lessons along his journey. In this episode, he shares the major challenges he faced when leaving a firm to start his own, advice for entrepreneurs who want to do the same, and much more.
You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/135
The process of transitioning from working within a firm to transitioning into a more independent hybrid RIA model and finally to owning his own RIA has given Taylor Schulte some great insight and experience. He joins us on the show to talk about these transitions, the ups and downs and how he ended up where he is today. From the details of working under an umbrella RIA to the details of owning his own RIA, Taylor has a lot of insight to share.
You can find show notes and more information by clicking here:http://www.xyplanningnetwork.com/134
Today we have two guests on the show to talk about how they made their rarely practiced firm-within-a-firm service model a success. Andy Brincefield and James Matthews, CEO of Consolidated Planning and Managing Director of Consolidated Planning’s wholly owned subsidiary Blueprint, respectively, teamed up about a year ago to launch Blueprint as a new service model dedicated to NextGen clients. Given that Blueprint has its own advisors, marketing, recruiting, website, and office space, they have truly allowed the company to operate independently to reshape the planning process to the ideal fit for their target clients.
In this episode, we talk about how Andy and James approached branding this service model for success from the very beginning, how they got their broker-dealer on board with the idea, and so much more. If you work for a larger firm or are looking to build an XYPN style service model but aren’t interested in being an entrepreneur and owning your own firm, then this episode is for you.
You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/133