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!

hannah's signature

“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

The Evolution of a Practice

Todays’ guest is  Jude Boudreaux, CFP® from Upperline Financial Planning and I’m excited to share his story with everyone on the podcast. I first met Jude at a NexGen Gathering right around the time he was starting his firm.  Jude is six years in and shares several of the ways he has found success in his practice and is now running a $400,000+ firm.

He  is a great example of what it looks like to leverage your experience to build a successful practice from the ground up.

hannah's signature

“People can work fine with conflicts. I just think we should all acknowledge that every model has a conflict.”

 

the Four Kolbe Action Modes®

3 Questions That Will Get Your Finances — and Life — on Track

 

Creative, Fee-only, and Successful

Holly Thomas

Holly P. Thomas, a CFP® and author of The Mindful Money Mentality, joins us this week to discuss her career path and financial planning practice. Holly has successfully built a fee-only financial planning firm that is paid purely on advice as she does not manage any investments or sell any products.

Holly has been an inspiration to me with her regular content, whether that be her blog, her newsletter or videos. Her newsletter is one of the best financial advisor newsletters I’ve seen and in this episode, she gives practical tips on how to create engaging content.

hannah's signature

“Sometimes financial planners are in the honored position of hearing things from clients they have never shared with anyone before. If I can create that safe space… I’ve done the best job I could do.”

Wired for Wealth

The Financial Wisdom of Ebenezer Scrooge

Constant Contact: Email Marketing Software

Reinventing the Firm of the Future

James Matthews

Today on the podcast Hannah interviews James Matthews, CFP®, the Managing Director of Blueprint, a next generation financial planning firm in Charlotte, NC. James is on the front lines designing the financial planning firm of the future on a large scale and providing financial planning advice to younger clients who need it.

James shares his unique background, from working at a bank and then a call center, and how each step taught him skills that he is using now to create a new model of financial planning.

I am excited to share this episode with you and can’t wait to see what the future holds for James and Blueprint. I hope you enjoy this episode!

hannah's signature

“A lot of times people don’t know what financial planning is until you show it to them. They just have this idea that they have a bunch of stuff going on and it’s confusing to them… We’re trying to make this as accessible and least threatening as possible.”

 

The Monthly Retainer Model in Financial Planning

XY Planning Network

Dimensional Fund Advisors 

George Kinder

Financial Therapy

Carl Richards

 

Registered Principal and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 4201 Congress Street, Suite 295, Charlotte, NC 28209, (704)-552-8507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Managing Director of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is an indirect, wholly-owned subsidiary of Guardian. Blueprint is not an affiliate or subsidiary of PAS or Guardian.

 

Virtual Planning – FPA DFW Seminar

2017 Quarter page flyer

Casey Kupper, CFP® joins Hannah Moore, CFP® for the February FPA DFW You’re a Financial Planner Now What Seminar Series. Casey and Hannah discuss how Virtual Planning is being used now and how it will impact the profession.

 

“The emotional intelligence.. I haven’t been to any conference where that has been talked about in the virtual world. Certainly that is a place that will get attention in the coming years.”

 

Thanks to everyone that came out and many thanks to the kind folks at Cadent Capital for hosting us!

 

Katie Brewer, CFP®

Good Financial Cents

Brittney Castro, CFP®

Lauren Greutman | Helping you enjoy life on a budget

THE VIRTUAL ADVISOR By XY Planning Network

Bob Veres – Inside Information

The CFP Board Spring 2017 Public Awareness Campaign Ads

RightCapital: Financial Planning Software

Sophia Bera, CFP®

Kitces.com – Advancing Knowledge in Financial Planning

FPA Retreat 2017

FPA NexGen Gathering

YAFPNW – Behind the Scenes Look at the DOL Fiduciary Ruling with Ed Gjertsen II

FinCon: Where Money and Media Meet

 

Building Your Own Thing and Working with Family

Stephanie McCulloughStephanie McCullough of Sofia Financial sits down with Hannah to discuss the difficulties of working with your family. Stephanie was a career changer almost 20 years ago (before that she worked for the U.S. Department of Commerce in Washington, DC!) and today she works at the firm she founded. Her goal is to empower women to make wise financial decisions because everyone deserves quality, objective advice and excellent service.

“I can’t promise you any returns. I’m not a mutual fund family.”

The Kinder Institute of Life Planning

MoneyGuidePro: Financial Planning Software

The One-Page Financial Plan: A Simple Way to Be Smart About Your Money

Sudden Money

Fox Financial Planning Network

 

 

The Importance of Processes with Deborah Fox

Deborah FoxDeborah Fox, the CEO of Fox College Funding and the Fox Financial Planning Network joins us to share the importance of processes and how it can impact you, whether you are in a firm or have your own firm.

Deborah’s approach allows you to work on your business rather than just in your business and helps financial planners develop a systematized approach to working with clients.

As someone who is not naturally process driven, I have come to realize the significant value that processes have, both for clients and the business!

I hope you enjoy!

hannah's signature

“It was very important that I didn’t dictate how one needs to do business. I wanted to give possibilities.”

 

Resources:
FPA DFW Career Day

Fox College Funding

Fox Financial Planning Network

E-Myth Revised

The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change

The Checklist Manifesto: How to Get Things Right

Sales with Glenn Mattson

“SGlenn Mattsonales” is viewed as a dirty word, but Glenn Mattson wants to change that. Glenn has been a coach for financial advisors for many years and shares his experience in working with advisors. So much of the time, advisors, especially young advisors, avoid “sales” roles because they don’t want to sell.  Glenn debunks that myth and shares how important it is, even if you’re not in a sales role, to hone those skills (hint: it involves managing your boss or owner of the firm!)

Join us as we look at what sales really is and what we can do today to better our careers.

hannah's signature

Goals are not something you just write down and forget about… You need that 2 degrees of tipping point on why you’re doing this. You need that little push of motivation when it is time.

Sandler Training

Serving Your Generation & Looking to Your Peers

Sophia BeraSophia Bera joins us today to share her story on becoming the financial planner for millennials.  Sophia saw the need to bring financial planning to her generation and was one of the first to create her own firm to do so.  She is one of the most recognizable financial planners on social media, in the news and shaking up what it means to do financial planning.

This is an episode you won’t want to miss!

hannah's signature

 

“Financial planning is both an art and a science and more of an art than a science. People think what I do is math all day and what I really do is have great conversations with people.”

GenY Planning

NexGen

Betterment

FinCon

Unmistakable: Why Only Is Better Than Best

Advizr

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.

hannah's signature

“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