Dennis Moore is the COO with Quest Capital Management in Dallas, Texas, and 2021 President-Elect of the Financial Planning Association. Dennis joins the show today to discuss why he pursued a career in financial planning, how he found his internship and first full-time job after graduating from a CFP program, and tips for effectively making the transition from student to professional. Listen in as he opens up about why he pivoted away from being a full-time client-facing advisor to pursue an ...
Ep #13: The Basics of A Successful Succession Plan with Christine Sjölin
Christine Sjölin is the Vice President of Strategic Development and Operations at FP Transitions, a specialized consulting firm for wealth managers providing end-to-end solutions for buying, selling, and transforming businesses. Christine joins the show today to discuss the typical succession planning process, as well as how equity ownership deals are generally structured so the younger generations of owners can actually afford the purchase price when valuations can be millions of dollars or ...
Goal Setting
2020 is almost in the books and what a challenging year it has been! What we have heard and seen from the firms we talk to across the country is that it was a different year, but still a good year for most. If you want to continue on the momentum you have built up, it is imperative that your team know exactly what they should be doing next year. Goal setting can be a delicate process because you don’t want to set your goals too low and limit yourself, but also don’t want to set them ...
Ep #12: How to Deliver Results Beyond Years of Experience with Casey Bear and Logan Ross
Today we have two special guests joining the show from Cranbrook Wealth in Bloomfield Hills, Michigan: Casey Bear, CEO, and Logan Ross, Advisor. Casey and Logan work with three other colleagues to manage $800 million for 225 clients, and they are here to share their individual journeys in becoming important members of the Cranbrook team. Listen as Casey discusses how he was hired into the firm as an advanced planning analyst with no experience—and then got promoted to CEO at just 31 years ...
Ep #11: Finding Your True Passion In Financial Planning with Mary Carlson
Mary Carlson is a speaker, author, professor, and blogger for Chief Financial Mom. Today Mary joins the show to share why she pursued a career in financial planning, as well as why she thinks it is the perfect career for working mothers. She also opens up about her education progression, explaining why she pursued a Ph.D. and how she fell in love with the financial counseling aspect of financial planning. Listen in as she gives examples of how she had to hustle to get her start in politics ...
Ep #10: Building Your Skills As A CFP Student with Anabelle Sanko
Anabelle Sanko is a sophomore, CFP Student at Kansas State University and the winner of the inaugural 2020 New Planner Recruiting CFP Tuition Scholarship. Today she joins the show to discuss the family experiences that led her to pursue a career in financial planning, as well as how she balances her full-time student course load with all of her extracurricular activities. Listen in as she explains how she secured her internship and the steps she is taking to try to increase the number of ...
SPECIAL EPISODE: Compensation Data Points for Newer Planners with Caleb Brown
This week Caleb is flying solo behind the mic to bring you some relevant compensation data points on some of the candidates we recently placed. We want to share this with you because there is a shortage of compensation data available in the profession and it will hopefully give you a better understanding of what level of compensation you can command in the marketplace. Listen in as Caleb walks through the offers for these associate financial planner roles for new college graduates all the way ...
Year End Bonus Ideas
As we approach the holiday season and reflect back on what a tough year it has been, I want to encourage you to thank your team members who are the core of your business. It is important to publicly acknowledge their hard work for you and the firm’s clients and reward them accordingly. This month, I wanted to give you some suggestions on a few year end gifts/bonus ideas that will go a long way for people who have shown dedication and commitment during turbulent times. Christmas Bonus - ...
Ep #09: Integrating Life Planning and New Planners into Your Firm with Jared Jones and Lisa Kirchenbauer
Today we have two special guests from Omega Wealth Management in Arlington, VA: Lisa Kirchenbauer, Founder and President, as well as Jared Jones, Lead Advisor and Director of Investments. In this episode, Lisa discusses starting her own firm in 1999 under the broker-dealer model, eventually transitioning to a fee-only RIA so she could provide financial planning services the way she truly wanted to. You will also hear Jared touch on how he secured a position at Omega, as well as several of the ...
Ep #08: NAPFA Genesis Professional Community for New Planners with Ben Jacobs
At just 25 years old, Ben Jacobs is already a Senior Financial Planner at Elwood & Goetz Wealth Advisory, managing several team members and leading the 401(k) retirement planning division for the firm. Today he joins the show to discuss his role with NAPFA Genesis and the benefits the community offers to new planners, the interview process he went through to get hired at his firm, and what were the keys to growing his confidence and skills to add massive value to his firm and quickly move ...
Ep #07: FPA Nexgen Professional Community for New Planners with Joey Stemmle
Joey Stemmle’s love and fascination with money blossomed from a young age, when his mother taught him how to not only save money but invest it, as well. He is now a financial advisor for Riverstone Wealth Advisory Group, located in Midlothian, Virginia. In this episode, Joey shares his advice for job seekers and the best way to go about maximizing your networking. Listen in as he shares what the financial planning association Nexgen group is all about and how it played an integral role in his ...
Ep #06: Buying a Firm and Transitioning from AUM to a Flat Fee Model with Jim Miller
Jim Miller of Woodward Financial Advisors joins the show today to discuss how the flat fee model works and what made him decide to go that route. He also shares his experiences and insight on buying out a firm, switching financial models, retaining clients, acquiring new clients, and bringing on the right team members. Listen in to hear the details of Jim's early years in the industry and how he navigated various challenges and hurdles that came his way. You'll learn the mechanics of buying ...