What We Wish We Knew Before We Left

Today’s episode is one of the most important topics we’ve had on the podcast. I hear stories all the time from planners about mistakes they’ve made when they’ve left their firm that have huge negative impacts on their career. After hearing  “if only I would have known!” far too many times, we put this episode together. It’s a topic that affects just about everyone who is listening to this podcast but is rarely, if ever, talked about in a public way.

We are excited to have Bill Simonet, CFP®, Katie Brewer, CFP®, and Dave Grant, CFP® return for a curated discussion with me, Hannah Moore, CFP®,  where everyone shares what they wish they knew before leaving a firm. Our stories are all different and hopefully you have already had a chance to listen to them on #YAFPNW. (If you haven’t you can find their episodes below).

If you enjoy this episode and this topic, please let us know by dropping us a line, sending a tweet, or giving us a review on iTunes or your podcast player of choice.

Also, if you are interested in learning more about the FPA Residency program, be sure to check it out here:  onefpa.org/professional-development/residency or send an email to info@onefpa.org. If you are able to attend Residency, you’ll want to go!

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“Start dreaming. Start designing what you want it to look like. The more of that you can get out of the way the easier it is to pull the trigger because you know what you’re leaving for.”

 

Mr. Tall, Dark, and Handsome

Episode 16 – Katie Brewer

The Backstory and the Numbers

 

Athlete, Rebel, and Financial Coach

Lauryn Williams, MBA shares her journey as an athlete and three-time Olympic medalist including the advice she wishes she received when she started out when she was 20 and had endorsement deals to starting her own firm. Using her personal experience, Lauryn knew there had to be a better way to provide financial advice. After getting her MBA and passing the CFP® exam, Lauryn was able to find people who were willing to approach financial planning differently and build on those experiences.

Using her personal experience, Lauryn knew there had to be a way to provide services to people who were like her, both in terms of being an athlete and not growing up in an affluent home. She started her own financial coaching program and is exploring what it means to serve the mass market and those who don’t have the income or assets to pay for a traditional financial planner.

The work Lauryn is doing is so important to financial planning and I am excited for you to hear this episode!

hannah's signature

“If you find that rebel, lets say a college student fresh out of school, who has zero experience… don’t shame them when you bump into them. Instead, be the person to take them under your wing. We’re better when everyone in this industry is better.”

Worth Winning

The National Association of Personal Financial Advisors

Briaud Financial Advisors

Katie Brewer, CFP®

Financial Planning Association of Dallas/Fort Worth

XYPN Conference

WeWork Coworking and Office Space

PUBLIC SCHOOL 972

 

Cost Matters

We’re excited to have Jon Luskin, CFP® of Define Financial on #YAFPNW. From his Master’s Thesis (years ago) to his practice today, Jon is passionate about sound investing with lower costs and he’s willing to support that passion with his own research. Jon’s passion around investments and research is contagious and I’m excited for you to hear his story.

His latest submission was inspired by a twitter exchange so be sure to follow him @JonLuskin!

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“It was consistent results across all eight case studies. Better risk adjusted returns for the lower cost model. So after that experience it was pretty clear to me that cost was the number one indicator of returns.”

Uncle D Money

#XYPNRadio

Unconventional Success: A Fundamental Approach to Personal Investment

Pioneering Portfolio Management: An Unconventional Approach to Institutional Investment, Fully Revised and Updated

The Little Book of Common Sense Investing

Journal of Financial Planning

#FinCon17

FPA of Minnesota

JonLuskin.com

Michael Kitces

Jack Bogle

Mr. Tall, Dark, and Handsome

I’m so excited to have Bill Simonet, CFP® of Simonet Financial Group on the podcast with us today. Bill shares his career path from a captive insurance agent to an independent broker dealer to now a fee-only RIA. Not only does Bill dive into the differences of each, he shares what he has done to be successful as a business owner.

This is a great episode, you’re going to enjoy it!

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“Simply having the education isn’t enough but it’s implementation and exposure from a young age and consistency that matters… If it’s ingrained in you it’s something that’s important and then it’s something you’re going to do. You have to see it and practice and you have to know that it works!”

The Art of Finance

FPA of Austin

Don’t Be Afraid to Try Things

Today we are joined by Chad Smith, CFP®, a financial planner and part owner of Financial Symmetry. Chad shares his career journey of starting as an intern and now part owner of his company. He’s been with the same company that full time and shares what has made him successful. He is also a fellow podcaster, so be sure to check him out.

Once again, if you passed your CFP® exam this past week, we want to celebrate with you! Send me an email at hannah@guidingwealth.com with your address and we have something to send you.

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“If you have the abundance mentality and share about your processes… who knows how many people are going to be helped by that? We know there’s shortage of planners anyway.”

The Financial Symmetry Podcast

FPA NexGen Gathering

Abacus Planning Group

Cheryl R. Holland, CFP®

The Business of Financial Planning – FPA DFW Seminar

We’re back with another in-person FPA DFW You’re a Financial Planner, Now What series session recording.  In the June session, Lynn McIntire from Cadent Capital joined Hannah Moore to discuss The Business of Financial Planning.

Thanks again to everyone that came out and many thanks to the kind folks at The Milestone Group and Bank of Texas Private Bank for hosting us!

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“You have to own and know why you chose financial planning. It has to be your reason and your story and there has to be a passion around it. Because this is not an easy business. It’s fraught will all kinds of risk. Compliance issues. Constant change. People’s lives and their livelihood and their emotions… It needs to be your story! It won’t resonate if it’s not yours!”

 

Mirror Mirror on the Wall Am I the Most Valued of Them All?

Strategic Acceleration: Succeed at the Speed of Life 

Traction: Get a Grip on Your Business

Entrepreneurial Operating System®

 Elizabeth Gilbert

The 7 Habits of Highly Effective People

 

Lynn’s Success Plan for 2001

Networking, Vision, and Partnerships

Joe Pitzl, CFP® is the founder of Pitzl Financial. Joe shares with us his career story and how “job hopping” helped his career and clarified his vision for the firm he now runs. Joe shares tips on how he got his first job out of college, what lead him to leave a great firm and the stops along the way.

Joe started his firm three years ago and brought with him 40 clients and just under $17,000,000 in AUM and now has 120 clients with $105,000,000 in AUM!

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“That’s the importance of the ongoing networking piece. Just because you’ve got a job doesn’t mean it’s got to stop. You’ve got a network of people in the industry…. that you can rely on for help and guidance.”

 

Wiser Together – The Power of Mentoring

Today is the last of a three-part series with Carol Craigie and Catalina Franco-Cicero of Fiscal Fitness Clubs. Carol and Cat were introduced through the FPA Mentor Match program several years ago and have since become business partners.

Both Carol and Cat believe in the power of mentoring and are a great example of what it looks like to learn from each other. On this episode, they share what their mentoring meetings looked like, tips on how to find and build a successful mentoring relationship, and why it is important to find a mentor.

Personally, having a mentor has been one of the best decisions I’ve made in my career and I know my firm and career wouldn’t be what it is today without it. I have to thank Carol and all of those who mentor other planners. Their willingness to give back is inspiring and their work matters.

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“You’re there for each other through thick and thin. It takes time to build that… and it takes time to get to that point.”

 

FPA Mentor Match program

From Psychologist to Financial Planner – The Exceptional Career of Carol Craigie

For episode two of our our three part series we are joined by  Carol S. Craigie, CFP®, ChFC, MA,  the founder of Fiscal Fitness Clubs of America. Carol is a “psychologist turned financial planner” and has had a long and impressive career in financial planning. Carol’s passion to improve individual’s financial lives keeps pulling her out of retirement and re-imagining how to bring financial planning advice to the masses.

Carol’s passion for financial planning is inspiring and I’m so excited to share part of her story with you today.

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“We want to be Weight Watchers of money… [to] get people in clubs and bring money out of the closet. And You get people, just like dieting, to do budgeting so they accomplish their goals!”

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​The FPA Board of Directors

Dick Wagner Tribute

The Story of NexGen (for NexGen Gathering 2017)

FPA NexGen started in 2004 and has quite a story to tell already. With NexGen Gathering happening next weekend, our hope is that those attending will be able to see how special NexGen is, and more importantly, how impactful NexGen Gathering can be.

As with any telling of history like this, there are slightly differing accounts of specific events and we did our best to remain true to the stories we collected. What excited us was the consistent themes of the importance of NexGen and what is the essence, or the soul of NexGen.

We hope you enjoy and look forward to seeing you at NexGen Gathering 2017!

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A very special thanks to Aaron Coates, Michael Kitces, Sabrina Lowell, Amy Mullen, Joe Pitzl, Jude Boudreaux, and of course… the Rat Pack!