Behind The Advisor

The path to success requires entrepreneurs to weather many storms, and Andrew's story and his advice for other financial professionals considering launching their own RIAs make for a must-listen-to podcast. He dives into the realities -- both good and bad -- about self-employment and owning your own business. In addition, you'll learn how Andrew pushed passed the reluctance to narrowly define a target audience and how that's generated opportunities that he would have otherwise missed. You can find show notes and more information by clicking here: https://www.xyplanningnetwork.com/62

What if taking over a firm through a succession plan was just the beginning, not the end, of the story? When Hannah Moore entered into a succession plan in her early 20s, she wasn't just buying a financial planning firm; she was stepping into a future she planned to rebuild from the ground up. Today, Hannah owns Guiding Wealth Management, a thriving RIA she reimagined after purchasing the business from a retiring advisor. In this episode of Behind the Advisor, she shares how she navigated the transition from broker-dealer to RIA, revamped the brand to reflect her vision, and made bold decisions, like reducing her client roster from 300 to just 18, without losing revenue. We talk about the power of knowing your value in negotiations, filtering out unhelpful advice, and standing firm in a male-dominated industry. Hannah's story is a masterclass in taking over and taking control. If you're eyeing a succession path or wondering how to reshape an inherited firm to reflect your voice, this conversation is for you. You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/61

Garrett launched Be Awesome Not Broke, a financial coaching firm that helps clients identify their goals while establishing a firm financial foundation based on building cash flow and debt management skills. Garrett's business model is one that financial planners will find intriguing. There's tremendous potential to improve the client pool of those seeking comprehensive financial planning services from efforts like Be Awesome Not Broke. You can find show notes and more information by clicking here: https://www.xyplanningnetwork.com/60

If you're having a difficult time valuing your time or lining the services you provide up with an appropriate pricing structure, tune into this episode. And make sure you take plenty of notes on this great information that will surely help you build a profitable practice that serves your ideal clients at the highest level. You can find show notes and more information by clicking here: https://www.xyplanningnetwork.com/59

Do you want to start your own fee-only RIA, but aren't sure how to break away from a current employer or stay profitable without selling products? This week's conversation with Kenneth Klabunde is loaded with valuable information that you don't want to miss. You can find show notes and more information by clicking here: https://www.xyplanningnetwork.com/58

Stephen Alred is the founder of Ignite Financial, a financial planning firm that uses philosophies and tools borrowed from tech-savvy startups. This week, Stephen shares his thoughts on the newest trends currently developing in the industry and poised to make a big impact. He also provides advice on how fellow advisors can best prepare for them. Stephen also details his career path, including how he started his own financial consulting business in college and what he did to make sure that the business became successful. You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/57

This week, we address questions about how to value your time, price your services, and develop new, niche pricing models. Michael and Alan also share tips on how to jump start your career and make progress in your work. You can find show notes and more information by clicking here: https://www.xyplanningnetwork.com/56

On today's episode, Alan answers some of your listener questions from Episode 50 and speaks in detail about how he transitioned his business from in-person to virtual. He also goes in depth with the decisions and mistakes he made along the way, what he learned, and his recommendations for advisors looking to make the transition into a virtual business. You can find show notes and more information by clicking here: https://www.xyplanningnetwork.com/55

This week, we're excited to welcome Jennifer Harper to XYPN Radio. She's a CFP and the founder of Bridge Financial Planning, a fee-only financial planning firm that caters to business professionals. Tune in for Jennifer's insights, advice, and thoughts on her career path, starting her own RIA, and managing an organization dedicated to making financial knowledge accessible to everyone. You can find show notes and more information by clicking here: https://www.xyplanningnetwork.com/54

Anjali shares her work experience as a CPA and explains what motivated her to create her own financial planning firm. She gives an inside look into how she operates her RIA, including the details of her fee structure and why she uses the model she chose. We also cover the enormous benefits inherent in running a virtual practice. You can find show notes and more information by clicking here: https://www.xyplanningnetwork.com/53