Career Transitions with Ron Turner

Ron Turner

Starting a second career is never an easy task. Today we share with you Ron Turner, a career changer who started his own RIA. After five years in the business and hiring his own financial planner, he decided to sell his practice.

Join us for this episode to hear what Ron did while he was at his former job to unknowingly help his transition to the industry and the struggles he faced as he started on his own firm. I hope this episode encourages those of you who are facing the challenges (and the fun?) of a career change!

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 I had a lot of tools to use but they were all unique to the business I worked for and the job that I had… I took those tools and knew that I could use those to turn right around and market myself.

Episode 20 – Scott Kahan

Scott Kahan, CFPOn today’s episode, we are sharing Scott Kahan’s story with you. Scott’s story is pretty incredible on several levels.

Scott started his RIA 30 years ago when he was in his 20s, which also happened to be the same year he purchased his first computer. While it may seem he has little in common with young advisors now, that is anything but true. His story mirrors so many stories I hear everyday from young advisors starting out.

From day one, Scott was committed to providing the best service to his clients, regardless of their net worth. He started by helping his peers and continues to help those who don’t have the asset minimums that are required by so many. His retainer model was one of the first of its kind in the early 2000s and still offers couples financial planning at a little over $100 per month, if they don’t have the assets.

He started the CFP program at NYU when he was 27(!) and has been an advocate for young planners ever since then. As Scott said, he feels like he’s been where the young planners are now and can relate to the struggles we face.

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“It’s a different fee structure than most advisors out there – no matter where they’re working. So we have a story to tell… We are truly acting as a fiduciary on your behalf and here is our fee structure to back that up.”

FPA Retreat 2017 (April 24 -27, 2017)

Financial Asset Management Corporation

Foundation for Financial Planning

Adviser explains why and how to move to a retainer model

Personal Financial Planning – Texas Tech

Financial Planning – Virginia Tech

Episode 19 – Mike Mills

On today’s Mike Millsepisode we have Mike Mills who is 18 years into his financial planning career and started out on his own when he was in his mid-20s.  He has great insight for those who are starting their firm and shares his personal story of how experiencing a disability shaped how he approaches financial planning differently than others.
Mike also shares his beliefs about the “best is best” standard versus the “fee-only” standard. Don’t miss it!

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“If we’re out there providing our best advice, I don’t really care what kind of product I’m selling. At the end of the day, I’m solving problems.”

Episode 18 – Caleb Brown

Caleb Brown

Caleb Brown, MBA, CFP®, started his career working for a small RIA and volunteering for local financial planning groups.  Through that experience, he started New Planner Recruiting, which pairs financial planners with employers.
 He has great insights into what you can do to set yourself apart from other applicants or excel at your job.  If you want to get to the elite status, this is definitely a must-listen podcast!

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“You’ve got to find ways to demonstrate value… [Bosses] don’t care what the salary surveys say. If you feel like you deserve more money, you need to write up a plan.”

The E-Myth Revisited

Find your local FPA chapter and connect!

Noted job boards: NAPFA, CFP, FPA, & AICPA.

Episode 17 – Brad Baldridge

Brad Baldridge

This week we have Brad Baldridge, the face and voice behind Taming the High Cost of College.  Brad has his own financial planning firm and shares his story on how he started out. He also shares with us about niching down into college planning and some of the pitfalls financial advisors can find themselves in if they aren’t prepared for it.

Brad is a great example of how you can find a niche and really make it work for you.

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“A lot of financial planners think of college planning as college saving… but if you’re a  advisor and you don’t understand how financial aid works and college works… say ‘I don’t know if you’re going to qualify or not’… don’t tell people misinformation.”

Taming the High Cost of College Podcast

Baldridge College Solutions