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!

hannah's signature

“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.

hannah's signature

“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®

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.

hannah's signature

“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

The Story that is Dave Grant: Act 2

Dave GrantThanks for joining us for part 2 of my interview with Dave Grant from Retirement Matters. Once again, Dave’s willingness to open up and honestly share his experiences as an RIA owner is a breath of fresh air to young planners striving to carve out their place in the profession. As planners we should build honest, real, and refreshing relationships with our clients and very few “success stories” are as honest, real, and refreshing as Dave’s.

Today we pick the interview right where we left off and if you enjoy these episodes be sure to check out Dave Grant’s writing in Financial Planning Magazine and his book!

hannah's signature

“One of the things I’ve learned over the last 18 months is… I have to be very self aware with things that I’m doing. And I continually have to check myself. To say is what I’m doing now, and what it’s going to be… is this something that’s a strength of mine? And should I be focusing on it?”

The First Year: The Diary of a New RIA Owner

NexGen

NAPFA Genesis

The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life (Before 8AM)

The Miracle Morning for Entrepreneurs: Elevate Your SELF to Elevate Your BUSINESS

Part One:

The Backstory and the Numbers

Our first episode with Dave:

Episode 9 – Listener Letter “Feeling Stuck”

The Backstory and the Numbers

Dave GrantDave Grant returns for another episode… or two? Dave is one of my good friends and founder of Retirement Matters. One of the things I most appreciate about Dave is his willingness to open up and share all sides of his experience as an RIA owner.  Today we’ll dive into his backstory and “the numbers” so I hope you enjoy the episode. We had a really good discussion and had to break it into two episodes. There was so much good stuff that we didn’t want to leave anything out.

If “ownership” is something you’ve grown tired of or it’s something you’re tired of wanting… don’t miss this episode!

hannah's signature

“I was very much on cloud nine at that point and it gradually got down to cloud three and cloud minus nine. It did not stay up there. Client acquisition was hard. I was still trying to get my foot in the door of this niche…. I knew the market was there and I knew they needed help.”

 

The First Year: The Diary of a New RIA Owner

FPA NexGen

NAPFA Genesis

 

Part Two:

The Story that is Dave Grant: Act 2

 

Our previous episode with Dave:

Episode 9 – Listener Letter “Feeling Stuck”

 

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

 

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!

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“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

Career Changes with Kirsten Ismail

Kirsten IsmailKirsten Ismail, Vice President of The Taylor Group, joins us for an interview where she discusses the challenges of being a career changer and entering the profession as a woman. She attributes much of her success to her study group thanks to the diversity and support of its members.

hannah's signature

“Do you want to be a part of something that exists or something that you want to create?”

 

DFW FPA Career Day
FPA Retreat

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

Ed Gjertsen IIEd Gjertsen II joins us for an in-depth look at the new fiduciary rule and provides crucial insight the upcoming changes to our profession. Ed is currently the Chairman of Financial Planning Association and has been working on the fiduciary ruling both from his time being on the national Financial Planning Association board and serving in their leadership role. He has been on the ground floor of these legislative changes as a champion for planners and clients alike.

hannah's signature

 

“I can tell you since being involved as I have in the last 6 years… FPA has really become a known entity on Capitol Hill. There’s a lot going on that may not be necessarily visible to members but we are advocating on behalf of our members day in and day out.”

 

Mack Investment Securities, Inc.

Financial Planning Coalition

Financial Planning Association

The National Association of Personal Financial Advisors

3rd Annual FPA Advocacy Day

U.S. Securities and Exchange Commission

DOL – Employee Retirement Income Security Act (ERISA)

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