Managing Your Practice Health Meets Wealth: The Power of Transformational Financial Advice
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Jan 31, 2025 Brady Fineske, president of TFO Wealth Partners, and Richard Stott, CEO of Connectum Capital Management, dive into the powerful link between health and wealth. They share personal stories illustrating how financial advice can be holistic and transformative. The conversation emphasizes building authentic connections with clients and the importance of open communication. They also discuss the emotional impact of financial legacies and the significance of proactive, honest guidance in enhancing overall well-being.
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Holistic Financial Planning Revealed
- Real financial planning sits at the intersection of life, money, and health, moving beyond just focusing on investment performance.
- Clients often find surprise and value in advisors caring deeply about their lives before discussing investments.
Brady's Son's Cancer Impact
- Brady Fineske shares a personal story about his son's brain cancer diagnosis, highlighting the primacy of health over wealth.
- This experience deepened his understanding of the health-wealth connection clients often face unexpectedly.
Use Fulfillment Index Tools
- Use tools like the Fulfillment Index to score client priorities across time, health, wealth, and purpose, enabling customized financial plans.
- Discuss differing responses from spouses for deeper relationship insights and tailored advisory conversations.
