14min chapter

Financial Advisor Success cover image

Ep 359: Building A Financial Planning Assessment To Show Clients Progress And Value Over Time With Eric Miller

Financial Advisor Success

CHAPTER

Financial Planning Strategies for Practice Owners

This chapter explores financial planning strategies for practice owners, including setting up a 'well storage account' and paying themselves as owners to accelerate wealth-building. The discussion covers using a software tool for business valuations, assessing a practice's value without a formal valuation, managing client-advisor relationships, and challenges faced in partnerships and client acquisition.

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