The Importance of Guiding Clients Through Big Picture Conversations

Tune in to hear:

• Why do humans seem to have such limited access to understanding what they want, from a financial perspective?
• Andy believes that the ethos of financial planning is the marriage of capital and purpose. What, specifically, does he mean by this and why does he think it is so critical?
• Should we try to expand our clients’ notion of capital and what might be the broader impact on their lives if we were to do so?
• How would Andy tease out the subtle differences between goals, values and purpose and is one of these more fundamental than the rest of them?
• Does Andy often see dissonance between clients’ professed values and how they spend their money and time? How can we help our clients achieve better alignment with their values?
• How can advisors take a client’s values and transmute that into a statement of financial purpose?
• What would Andy say to clients who want an advisor who is effectively just a stock picker and not a guide to fulfilling their financial purpose?
• Why is a purpose-centered portfolio a great “regret minimization tool?”
• How often should clients revisit their financial purpose thesis?
• What are some of the benefits that accrue to both clients and advisors who go with a more bespoke, meaning-centered financial plan?

Links

• Andy Baxley On LinkedIn
• The Planning Center
• Statement of Financial Purpose

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• Meet Dr. Daniel Crosby
• Check Out All of Orion’s Podcasts
• Power Your Growth with Orion

Compliance Code: 1304-OAS-5/23/2024