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Explore every episode of the podcast Model FA Podcast

Dive into the complete episode list for Model FA Podcast. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.

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TitlePub. DateDuration
Role Reversal! David DeCelle and Dan Allison & Graham Gardner Answering Your Best Questions!17 Sep 202401:37:11

On this special episode, Graham Gardner hosts the podcast and interviews David DeCelle and Dan Allison to talk strategies for advisors to grow their practices in 2024. They emphasize the importance of identifying one's strengths and niches, leveraging technology for automation, and outsourcing non-core tasks. They advise on creating personalized content to build authority and maintain client relationships. The conversation highlights the need for intentional marketing, such as scheduling follow-up meetings and providing value-added content to prospects and COIs. They stress the importance of simplicity in communication and the value of long-term, consistent efforts over quick fixes.

Join the most connected place for advisors online. Check out the Exchange and visit FA.Exchange
In this episode:

Identify strengths to automate, delegate and hire for weaknesses

Scheduling natural follow-up meetings with prospects

The art of personalized monthly content for prospects

Gathering client feedback, adjust events and communications


Connect with Dan:

 

 

Connect with Graham:

 

  • Website: https://www.fa.exchange

  • Email: graham@modelfa.com

  • LinkedIn: https://www.linkedin.com/in/theonlinemarketer/

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

 

Mastering the Art of Data Ownership and Predictive Analytics with John O'Connell03 Sep 202400:51:52

In this episode I am joined by John O'Connell, CEO of the Oasis Group to discuss ownership, data security, and predictive analytics for wealth managers. He emphasized the importance of relatable technology communication and shared real-life case studies, such as integrating technology stacks and enhancing efficiency. John highlighted the significance of data warehouses and data lakes, explaining their roles in storing and analyzing data. He also discussed AI's potential to augment, not replace, advisors, recommending prompt engineering and note-taking AI tools. John recommended "How to Win Friends and Influence People" and "The Magic of Thinking Big" for building relationships and business success.

 

This week on The Model FA Podcast:

0:00:07 - The role of a CEO is to invest in the business and ensure it remains an ongoing concern.

0:00:28 - Introduction of John O'Connell, founder and CEO of the Oasis Group.

0:01:47 - Oasis Group's four main services: data capture, data security, data ownership, and predictive analytics.

0:04:10 - John O'Connell's background, starting as a programmer at Merrill Lynch and transitioning to sales and consulting roles.

0:07:38 - Importance of making technology relatable to non-technical advisors.

0:20:26 - Considerations for advisors regarding data warehouses and data lakes.

0:30:15 - Practical applications of AI in financial services, including note-taking and prompt engineering.

0:44:45 - Book recommendations: "How to Win Friends and Influence People" by Dale Carnegie and "The Magic of Thinking Big" by David Schwartz.

0:51:27 - Closing remarks and information about The Oasis Group's resources.

 

Connect with John:

 

Website: https://www.theoasisgrp.com

LinkedIn: https://www.linkedin.com/in/johnokoconnell/

Email: john@theoasisgrp.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



Investing in People: Valuing Relationships Over Returns with Tyson Ray02 Apr 202400:55:39

David interviews Tyson Ray, the CEO of Form Wealth Advisors, about his journey in financial planning and his book The Total Relationship. Tyson shares how he started investing at a young age and bought his first firm at age 24. He emphasizes the importance of understanding clients' lives beyond finances through the "total relationship" approach. Tyson discusses implementing life plans, wealth plans, and care plans for each client. He also stresses the value of building trust through empathy and personalized service over traditional sales tactics.

 

This week on The Model FA Podcast:

  • (0:02) Wealth management and providing meaningful value with Tyson Ray.
  • (1:15) Entrepreneurship, investing, and personal growth.
  • (5:53) Estate planning and prioritizing clients' interests.
  • (11:26) Building a team for a successful financial planning business.
  • (18:20) Finding the right people for a business venture.
  • (20:13) Financial planning, coaching, and client service.
  • (24:27) Building client relationships through empathy and personal connections.
  • (29:29) Personalized financial planning and branding.
  • (35:03) Financial planning and life goals with an advisor.
  • (40:28) Financial planning, funding, and monitoring for clients.
  • (45:30) Branding, marketing, and idolatry in financial planning.
  • (52:27) The value of a relationship book and leaving reviews.

 

Connect with Tyson:

 

  • Website: https://www.totalrelationship.com
  • Email: tyson.ray@formwealth.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Securities through Raymond James Financial Services, Inc. Member FINRA / SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors Inc.  FORM Wealth Advisors is not a registered broker/dealer and is independent of Raymond James Financial Services. Raymond James and its advisors do not provide tax advice. Podcast guest is Tyson Ray, CEO, Founding Partner, Senior Wealth Advisor at FORM Wealth Advisors. FORM Wealth Advisors is located at 431 Geneva National Ave S, Lake Geneva, WI, 53147; 262-686-3005.



Cultivating the Right Mindset and Character with Eric Negron19 Mar 202400:55:29

In this episode Eric Negron shares his journey as an entrepreneur and advisor in the industry. He discusses how he structures his time and manages multiple businesses. Eric emphasizes the importance of mindset, character, and activity in achieving success. He recommends collaboration over competition and building a supportive board of mentors. Eric encourages listeners to ask for help and contribute value to others on their personal development journey.

"Ask for help. There's always a book you could read. Somebody that you can talk to and in today's day and age, a YouTube video you could watch or podcast you could listen to. So please ask for help." - Eric Negron

 

This week on The Model FA Podcast:

  • Entrepreneurship, ADHD, and mentorship in the advisor space. (0:10)
  • Building a successful financial services business and managing multiple entities. (4:03)
  • Time management and empowering team members. (9:13)
  • Work-life balance and efficient email management. (15:52)
  • Developing a financial advisor's mindset, heart set, and skill set. (23:50)
  • Business success and mindset. (28:34)
  • The benefits of collaboration over competition in the financial industry. (36:31)
  • Building relationships, mentorship, and personal growth. (40:15)

 

Connect with Eric:

 

  • Website: https://forefrontan.com/
  • LinkedIn: https://www.linkedin.com/in/ericjnegron/

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



Offering Community-Based Courses to Grow Your Financial Advisory Business with Joe Moss05 Mar 202400:39:52

In this episode we are joined by Joe Moss to discuss leveraging online communities. Joe enjoys using the Skool platform to create simple yet effective communities for advisors. David suggests advisors could offer community-based courses to complement subscription services. Joe sees potential for advisors to work with multiple clients at once in a group setting. Overall, their discussion focuses on innovative ways for advisors to grow their businesses through community building.

"With a traditional funnel, you've got the top of the funnel, middle of funnel, bottom of funnel, and then the client out the bottom. But a group funnel is where all of your different platforms, all of the ways you're doing marketing, you funnel people towards a free community." - Joe Moss

 

This week on The Model FA Podcast:

  • Building a community for financial advisors and showcasing top tech platforms. (0:10)
  • Leveraging a subscription model and downselling for financial advisors. (14:57)
  • Using LinkedIn data to connect with industry peers and gain exposure. (21:05)
  • Building an audience and network. (26:55)
  • Tim Ferriss' book "Tribe of Mentors" and its insights on success and goal-setting. (34:21)

 

Connect with Joe:

 

  • Website: https://www.skool.com/proadvisorsuite
  • Email: joe@proadvisorsuite.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



Automating Your Way to Success: How Financial Advisors Can Streamline Operations with Arielle Minicozzi20 Feb 202400:50:52

Arielle Minicozzi-Figueroa is the founder and co-owner of Sphynx Automation, a virtual CTO firm that helps financial advisors gain efficiency and maximize their client impact using technology and automation. In addition to her work with Sphynx, Arielle is a partner and financial planner at Modern Money Advisor, where she focuses on working with young, female professionals. Arielle resides in sunny Arizona with her husband (and business partner) Mark Figueroa, and their cat (the namesake of Sphynx), Nigel.

Arielle Minicozzi joins us to discuss how her company Sphynx Automation helps financial advisors automate tasks like onboarding new clients and gathering documentation. Automating routine work frees up time for advisors to focus on building relationships. Arielle discusses tools like AI transcription, Zapier automations, and pre-populating forms. Compliance considerations with AI were raised. David offered coaching and free automations through Sphynx for advisors who contact him. Overall the discussion focused on leveraging technology to improve efficiency and client experiences.

"There are some things that a human just does better than a computer. But there are a lot of things, data entry for example, that computers will do better and faster than a human." - Arielle Minicozzi

 

This week on The Model FA Podcast:

  • Leveraging technology for financial advisors with Ariel Mina. (0:10)
  • Automating business tasks for financial advisors. (5:11)
  • Automation's impact on business operations and employee roles. (10:21)
  • Automation in financial planning and its impact on time and energy. (13:36)
  • Improving client experience and onboarding process. (20:59)
  • Streamlining onboarding process for financial planning clients. (25:04)
  • AI integration in financial advisor practices. (30:25)
  • AI note-taking, compliance, and time management in business meetings. (35:38)
  • Automation and coaching for financial advisors. (44:53)

 

Connect with Arielle:

 

  • Website: https://www.sphynxautomation.com
  • Email: team@sphynxautomation.com

 

Shout out to YCharts!

 

Download your copy of their ETF research and don't forget, get 15% off your initial YCharts Professional subscription when you start your free YCharts trial and tell them I sent you (new customers only).

White Paper Landing Page: https://go.ycharts.com/the-best-performing-etfs-of-2023?utm_source=Model+FA



About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



Evolving a Financial Planning Firm to Better Serve Clients with Eric Simonson06 Feb 202400:52:36

Eric Simonson is the CEO of Abundo and in charge of driving our mission of providing high-quality, conflict-free financial planning to everyone. In addition to managing the team, he works with a small but amazing group of clients and helps them work towards their financial and travel goals. Eric is a passionate foodie and enjoys meditation. He is also an avid traveler and loves exploring new destinations. Eric is a CERTIFIED FINANCIAL PLANNER™.

Eric Simonson joins us to share the story about starting his own firm, Abundo Wealth, after 12 years at another firm. He shares how in just 4 years, he grew his firm to over 650 clients through referrals and by providing affordable financial planning. Eric Discusses how he uses technology to scale while keeping costs low and providing a great client experience. Eric also shares how he helps clients maximize credit card rewards and travel benefits as part of their financial plans. 

"We really doubled our focus to figure out okay, how can tech support the adviser relationship and help us scale help us keep our costs low, to allow the advisors to really shine" - Eric Simonson

 

This week on The Model FA Podcast:

  • Starting a financial planning firm and scaling it quickly.
  • Growing a financial planning business through client referrals and advisor partnerships.
  • Marketing and referrals for a financial advisor.
  • Financial planning subscription model and client retention.
  • Client communication and value addition.
  • Leveraging credit card points in financial planning.
  • Leveraging technology and entrepreneurial spirit in financial planning.
  • Client reviews, scaling, and focus with a financial planning firm.
  • Career opportunities in wealth management.

 

Connect with Eric:

 

  • Website: https://www.abundowealth.com
  • Email: Eric@abundowealth.com.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



Stop Living in Fear: 3 Ways Advisors Can Take Risks Without Failure with John Prendergast16 Jan 202401:07:34

MFA 144 - SN - Stop Living in Fear: 3 Ways Advisors Can Take Risks Without Failure with John Prendergast

 

John Prendergast, Founder & CEO of Blueleaf and Co-host of the Augmented Advisor Podcast joins us for episode 144 of the Model FA Podcast!

John Prendergast, founder and CEO of Blueleaf joins us to discuss how advisors can engage clients through 52 personalized touch points per year without being annoying. John explains how Blueleaf's technology helps automate interactions to free up time for human moments. We chat about striking a balance between service and experience models. John stresses facing fears like asking for feedback to innovate. David shares a story of getting 15 glowing reviews overnight. Throughout, they emphasize treating AI like an intern to enhance workflows without replacing human judgment. Overall, the episode provides insights into deepening client relationships through frequent personalized engagement.

"I think you're creating an opportunity for a lot of small touchpoints, with your clients that start to educate them about their money, and the way it changes over time." - John Prendergast

 

This week on The Model FA Podcast:

 

  • Introducing John Prendergast, founder and CEO fo Blueleaf
  • Client engagement and AI in financial advising.
  • The importance of experience in financial planning.
  • Personalized financial updates and their impact on client trust.
  • Personalized financial planning and automation.
  • Personalizing client interactions for financial advisors.
  • Client reviews and their impact on financial advisors.
  • Overcoming fear and innovating in business and financial services.
  • Taking bold actions, learning from failures, and deepening client relationships.
  • AI use in financial advisor marketing and content generation.
  • Storytelling and AI in advisor-client interactions.

 

This episode is sponsored by our friends at YCharts. Save the date for January 25th because YCharts will be hosting a must-attend webinar covering economic forecasts, key industry shifts, and potential market drivers that financial advisors should be aware of in 2024. Whether you're a seasoned pro or just starting out, you'll leave this webinar with actionable strategies for leveraging YCharts tools to not only navigate but succeed in the changing market dynamics. Register now to secure your spot and get 15% off your initial YCharts Professional subscription when you start your free YCharts trial and tell them I sent you (new customers only)."

Webinar Registration Link: https://ycharts.zoom.us/webinar/register/7917042231712/WN_92f-BawaS428Cs9TlHYBvg

 

Connect with John:

 

  • Website: https://www.blueleaf.com
  • Email: john@blueleaf.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



Cracking the Code: Marketing Strategies That Actually Work for Financial Advisors with Kristen Luke02 Jan 202400:52:33

Today we are joined by Kristen Luke, the President of Kaleido Creative Studio and Author of "Uncomparable: The Financial Advisor's Guide to Standing Out Through Niche Marketing".



In this episode of the Model FA Podcast, we are joined by Kristen Luke to discuss effective marketing strategies for financial advisors. We emphasize the importance of finding a niche, understanding where clients spend their time, and creating content in multiple formats to meet client needs. Advisors are encouraged to start with one consistent marketing activity and build their expertise over time by regularly producing high-value content. We stress treating marketing as an ecosystem rather than a funnel, with the goal of becoming a trusted resource in one's industry niche.

 

"I put less emphasis on social media than I think a lot of people do. It is a good way to keep your name out there once you're connected to people. But you know, if I wanted to bring in clients quickly, I would focus on, how do I leverage other people's networks to get in front of them?" - Kristen Luke

 

This week on The Model FA Podcast:

 

  • Marketing strategies for a specific niche.
  • Marketing strategies for advisors with limited time.
  • Content creation for financial advisors.
  • Marketing strategies for financial advisors.
  • Positioning oneself as an expert in a niche through content creation and marketing strategies.

 

Connect with Kristen:

 

  • Website: https://onniche.com/
  • Email: kristen@kaleidocreative.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

The 4 Pillars of Advice Engagement That Will Transform Your Client Interactions with Michael Lecours19 Dec 202300:58:19

Michael Lecours, CFP® is a Co-Founder of fpPathfinder. He is also a financial advisor and planner at the Wealth Strategies Team. Michael began his career in advertising where he worked to develop marketing strategies for insurance companies, banks, credit unions, RIAs and hedge funds. Now, he leverages his background in advertising to distill complex financial planning concepts into straightforward strategies, apply behavioral finance concepts to the planning process and injects a disciplined approach to all facets of the client experience.

In this episode of the Model FA Podcast, Michael Lecours joins us to discuss common client engagement challenges. We explore how to simplify the advice delivery process and keep clients engaged over time through check-ins. Michael describes how FP Pathfinder started as sketches he created and grew into a business helping thousands of advisors. Advisors learn different ways to segment clients and focus on one task at a time to avoid overwhelming them. Interactive checklists now allow advisors to gather client information digitally before meetings to better address their needs. This discussion provides advisors with ideas on maintaining relationships and continuously demonstrating value.

"It's one thing to come up with the financial plan. But how do you deliver the plan? How do you get that client to not just take the recommendation and agree to it, but then follow through and actually do it?" - Michael Lecours

 

This week on The Model FA Podcast:

  • Engaging clients through FP Pathfinder.
  • Creating a flowchart for financial advisors to streamline client conversations.
  • Balancing financial planning and business growth.
  • Improving client engagement in financial planning through four key areas.
  • Simplifying financial planning for clients.
  • Personalized financial planning and client engagement.
  • Adding value to low-maintenance clients in financial planning.
  • Using checklists for client reviews in financial planning.
  • Creating financial planning checklists and flowcharts for various audiences.
  • Business planning and book recommendations.
  • The importance of think time for financial advisors.

 

This episode is sponsored by our friends at YCharts. YCharts has a special gift for you just in time for the holiday season – their final research piece of the year, "The Top 23 Charts of 2023"! Dive into a curated slide deck that captures the essence of the year gone by – from the highs to the lows that defined the financial landscape. With featured market and economic storylines and key visuals from industry thought leaders, consider this comprehensive tool as your ticket to elevating your year-end communication with clients and prospects. Make an impact and showcase your value by clicking the link in the show notes to secure a copy of "The Top 23 Charts of 2023" deck. Remember, get 15% off your initial YCharts Professional subscription when you start your free YCharts trial and tell them I sent you (new customers only).

Link: https://go.ycharts.com/the-top-23-charts-of-2023?utm_source=Model+FA

 

Connect with Michael:

 

  • Website: https://fppathfinder.com/
  • Email: mike@fpPathfinder.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



Living a Well-Rounded Life: How Structure Can Scale Your Business with Josh Kosnick05 Dec 202301:07:19

Meet Josh Kosnick - provider, recruiter, teacher and leader. He is the Type-A alpha male that loves to compete, drink bourbon and smoke cigars; however, Josh never shies away from sharing his vulnerable side. He's passionate about men's mental health – healing, talking about emotions, supporting each other – and will continue to advocate for this. His faith drives him to persevere through pain and suffering because he knows, on the other side of those struggles is everything he has dreamed of and everything he was born to be.

Josh Kosnick shares how he prioritizes his schedule like a college athlete to lead a well-rounded life through fitness, relationships, mind, and soul. He discusses implementing EOS to scale his firm and how vulnerability is the ultimate display of strength for men. Josh also tells the story of dropping out of college and becoming a financial advisor after getting a call from his future mentor while working at Best Buy. He shares information about his new mastermind focused on breaking down walls between advisors and creating collaboration in the industry.

"You just hit on exactly why I always tried to recruit as many college athletes as possible, or former college athletes, because they had to prioritize their days so much more than the regular student"- Josh Kosnick

This week on The Model FA Podcast:

  • Leadership, mental health, and personal growth.
  • Vulnerability and masculinity.
  • Leading a healthy lifestyle through fitness, relationships, mind, and body.
  • Fitness journey and personal growth.
  • Maintaining a well-rounded life while being a business owner and parent.
  • Prioritizing fitness, relationships, mind, and body for a healthy lifestyle.
  • Leadership and management in the financial services industry.
  • Systems implementation in a business setting.
  • Implementing EOS in businesses for growth and exit value.
  • The impact of "Think and Grow Rich" and its chapters
  • Career path, perseverance, and mentorship in the financial industry.

 

Our Favorite Quotes:

"I want to help others that I coached lead or influence or even in our conversation today, someone that I may never meet, is listening to you and I today, I want you to know, that being an alpha being vulnerability is the ultimate, the pinnacle of strength as a man." - Josh Kosnick

"I flipped the mindset, I have to be physically fit, I have to be mentally fit to show up to be my best for my wife, for my kids, for everyone, I coach for everyone, I influence, for every business owner that I go in to help." - Josh Kosnick

Connect with Josh:

  • Website: https://www.joshkosnick.com
  • Email: josh@joshkosnick.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



Advisor Exit Planning Strategies That Will Blow Your Mind with Brooklyn Brock21 Nov 202300:45:54

Brooklyn Brock is a 3rd generation financial advisor and founder of Ellevate Advisors LLC, a fee-only RIA, specializing in Financial Planning and Exit Coaching for advisors themselves. Throughout her career, she found advisors rarely do retirement planning for themselves like they do for their clients, which drove her to launch her own RIA to serve advisors exclusively. Brooklyn travels across the nation as a speaker, sharing her passion for helping advisors themselves.

 

Brooklyn Brock joins David to discuss the importance of advisors getting their own financial planning help from an unbiased third party. She shares how she works with advisors through the exit planning and financial planning process, helping them craft a vision for their life after business ownership. David and Brooklyn also explore scenarios like acquiring another firm or buying into an existing firm, highlighting the value of having independent guidance. Listeners learn that getting advice from someone other than themselves can provide peace of mind for advisors making big financial and career decisions.

 

"There is something about retiring with something to give you meaning and purpose in your second half, I think a lot of advisors are afraid of that, of not having that."
- Brooklyn Brock

 

This week on The Model FA Podcast:

  • Leadership, entrepreneurship, and consulting experiences.
  • Exit strategies for business owners with a focus on preparation and communication.
  • Business planning and strategy.
  • Leadership, collaboration, and succession planning in business.
  • Exit planning for businesses and families.
  • Business valuation and sale strategies.
  • Financial planning and exit strategies for business owners.

 

Our Favorite Quotes:

 

"If someone's not okay with that they don't have to move forward and maybe there's a different solution out there because financial planning is one type of service that can help people through life transitions." - Brooklyn Brock

"I think my main takeaways from that story would be when you're exploring that option, and the firm says, okay, cool, here's how you do it. It's not black and white, and you have the opportunity to manufacture a deal." - David DeCelle

 

Connect with Brooklyn:

 

 

This episode is sponsored by our friends at YCharts. Numbers and data are one thing, but how you communicate and scale the delivery of these insights to clients is the real challenge. The reality is, people are more inclined to invest their attention and hard-earned dollars when presented with a captivating story and a skilled storyteller. YCharts empowers you by offering fully customizable tools for report and proposal generation, allowing you to expertly guide and control the narrative during client meetings. With all-in-one solutions like fundamental charts, stock and fund screeners, scenario capabilities, and more, YCharts equips you with the essential tools to showcase the strengths of your investment strategies and illustrate the value you bring to your clients. Click the link in the show notes to start your free YCharts trial, and get 15% off your initial subscription (new customers only).

Landing Page Link: https://go.ycharts.com/model-fa

Creating Long Lasting Relationships with Michael Hanna27 Aug 202400:38:49

Today we welcome the return of Michael Hannah, a successful financial advisor and co-founder of Azura Wealth Advisors, to discuss his journey from trading derivatives to wealth management. He emphasized the importance of treating clients' money as if it were his own and building long-term relationships through empathy and expertise. Michael shared strategies for engaging busy clients, such as consistent follow-ups and unique experiences like hosting a private sushi chef at home. He highlighted the value of positioning clients as the heroes of their financial journey while advisors act as guides. Michael also discussed the significance of sharing personal interests and experiences to deepen client relationships.

 

This week on The Model FA Podcast:

 

0:00:07 - Michael Hanna joins us to Discuss the importance of handling clients' finances with care and expertise to build long-standing relationships.

0:01:21 - Background, including initial experience in futures and options trading, and transition into private wealth management and financial planning.

0:05:07 - Treating clients' money as if it were your own, and the importance of empathy in financial planning.

0:07:08 - The challenge of separating work life from personal life and the importance of being emotionally available for family.

0:09:31 - A mentor's advice on the importance of shutting off work at the end of the day to avoid burnout.

0:11:31 - Helping clients save enough to ensure a brighter financial future and the ability to enjoy retirement.

0:14:35 - Positioning the advisor as a guide, rather than a hero, in the client's financial journey.

0:18:01 - Strategies for helping busy clients prioritize financial planning, including consistency, persistence, and understanding their priorities.

0:27:29 - Michael shares the example of hosting a private sushi chef at his home for clients, which deepened their connection and led to new opportunities.

0:35:58 - The broader impact of financial planning on clients' lives and goals, and the importance of helping them achieve financial freedom.

0:37:35 - Power of shared experiences in building strong client relationships.

 

Connect with Michael:

 

  • Website: https://www.azurawealth.com/

  • LinkedIn: https://www.linkedin.com/in/michaelwhanna

  • Email: mhanna@azurawealth.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

CRN202710-6775906

 

Stop Solving Math Problems and Start Solving Human Problems with Tara Tussing Unverzagt07 Nov 202301:04:01

Tara Tussing Unverzagt grew up with one of the first CFPs but started her career as a computer programmer, project manager at a software company. She turned to financial planning when she got married and wanted to work from home to raise children (just like her mom had.) She started South Bay Financial Partners in 2014 after working in her mom's business for 20 years. South Bay Financial Partners serve a diverse range of individuals, couples, and multigenerational families who yearn for financial independence, peace of mind, and success. Prospects often don't know how to get started or find their next steps. SBFP's mission is to empower both individuals and families alike by helping them become knowledgeable, confident, and brave to level up and reach their goals.

 

This episode featured Tara Tussing Unverzagt, a financial planner who incorporates financial therapy into her practice. She discussed how understanding clients' emotional relationships with money helps her better serve them. The conversation highlights Tara's background and how she came to focus on financial therapy. David and Tara also shared personal stories and examples of how examining underlying beliefs can transform clients' financial well-being.



"We understand that money is emotional. From day one, we understand that a lot of financial planners are like, 'I don't want to talk about that part, I just want to talk about the numbers.'" - Tara Tussing Unverzagt

 

This week on The Model FA Podcast:

  • Financial planning, bicycling, and personal experiences.
  • Financial therapy and its role in personal finance.
  • Using internal family systems for financial therapy.
  • Client relationships, fees, and market volatility.
  • Financial struggles and relationships with money.
  • Financial literacy and personalized solutions.
  • Financial well-being and relationships.
  • Therapy books and their impact on personal growth.
  • Sales training and marketing strategies.



Our Favorite Quotes:

 

"Well, there's also another saying that there's two kinds of bicyclists, those who have had accidents and those who will have accidents. There's no way to ride a bike without having accidents." - Tara Tussing Unverzagt

"Number one, my parents, they ended up getting divorced, and the variety of issues but what it boiled down to is, anytime they fought, it was over money, or because they were stressed about money, and they'd fight about something meaningless. Because that was like the boiling point, the tipping point. And seeing that made me stress about money." - David DeCelle

" I used to think that vulnerability was weakness. Now I'm realizing no, you have to be friggin brave, to be vulnerable. And to put that out there. So be brave. And that's why in the intro, we tried to help people be brave and level up, be brave, have that conversation with your cohort." - Tara Tussing Unverzagt

"I said earlier that money issues often come from safety, which often comes from connection with other people." - Tara Tussing Unverzagt

 

Connect with Tara:

 

  • Interested in connecting with Tara? Click here: https://calendly.com/financial-coaching-team/podcast-priority-referral
  • LinkedIn: www.linkedin.com/company/south-bay-financial-partners/
  • Website: https://southbayfinancialpartners.com/
  • Email: tara@sbfinancialpartners.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Modernizing Your Practice with Abby Morton17 Oct 202300:41:21

Abby Morton is the Head of Community and Culture for Elements. As a CERTIFIED FINANCIAL PLANNER™ Abby brings an insider's perspective on how marketing, sales, and financial advice should converge to drive optimal results in a modern RIA.

 



In this episode Abby Morton from Elements joins us to discuss how the platform can be used to provide prospects with a free, quick financial assessment to give them value and incentivize continuing the advisory relationship. Abby outlines how Elements integrates easily into an advisor's existing tech stack and allows them to serve more clients in less time by simplifying the financial planning process. David shares strategies for leveraging Elements within a give-get marketing framework and subscription model to formally engage younger clients and families earlier. They also explored how large firms could benefit from Elements to justify building advisory relationships with clients below the typical minimum asset thresholds.





"Elements is a way to help advisors, help clients really understand their money in ways that they never have before." - Abby Morton



 

This week on The Model FA Podcast:



  • Introducing Abby Morton
  • Using AI to solve financial planning challenges.
  • A financial planning tool for advisors and clients.
  • Using free financial assessments to attract clients.
  • Using technology to improve financial planning and client relationships.
  • The impact of Simon Sinek's "Start With Why" book and its application in a financial services firm.

 



Our Favorite Quotes:



 

"Finances and money are the biggest stressor in American lives today." - Abby Morton



"When you think of clients, especially the new generation of clients, and with a lot of advisors now, engaging with those younger clients and more like a subscription model elements just beyond the functionality. It just looks cool." - David DeCelle



"We are that tool to give you the diagnostics, we're kind of that initial financial checkup." - Abby Morton



"Advisors have a desktop version and a mobile interface, but in the users of it will only use the phone because we feel like that is the way that tech is going is clients want to sit down on the couch at the end of the day and interact with their advisor when they're tired, you know, they don't want to like necessarily have to go and sit down at their desktop." - Abby Morton



 

Connect with Abby:



 

  • LinkedIn: www.linkedin.com/in/abbymorton/
  • Website: https://getelements.com
  • Email: abby.morton@getelements.com



 

Learn More About YCharts



 

"This episode is sponsored by our friends at YCharts. If you don't already know, YCharts releases a Top 10 Visuals resource deck each quarter, packed with data and visuals to help advisors easily communicate complex investing topics with clients or prospects. YCharts is hosting a webinar on October 18th to deep dive into the deck, with topics ranging from the value of long-term investments to the art of crafting the right retirement portfolio allocation — all packaged in a convenient, editable slide deck you could easily leverage during any meeting or conversation. Click the link below to register for YCharts' webinar and receive your own copy of the "Top 10 Visuals for Clients & Prospects" slide deck. Remember, you can get 15% off your initial subscription when you start your free YCharts trial and tell them I sent you (new customers only).



https://ycharts.zoom.us/webinar/register/8116962561853/WN_FbGphtSBRPmzoiIYPWiFgw



 

Maximizing Freedom and Minimizing Scrutiny with Michelle Atlas-Quinn03 Oct 202300:31:40

Michelle Atlas-Quinn, J.D. is the Vice President of RIA Operations for AdvisorLaw. She is an  Attorney licensed by the Colorado Supreme Court to practice law (active registration). She earned her Juris Doctorate from University of Denver Sturm College of Law. Michelle formerly held FINRA licenses Series 7, 63, and 24 and former Colorado life and health insurance license. She earned her Bachelor of Arts in Philosophy from the University of Colorado.

 

David and Michelle discuss the transition from working with a broker-dealer to becoming an independent registered investment advisor (RIA). Michelle shared her career journey which led her to founding the RIA division at AdvisorLaw. She discussed some of the benefits of being an RIA like lower fees, less regulatory oversight, and more freedom in marketing. However, she cautioned that as an independent advisor there is more responsibility to ensure compliance. Michelle provided tips on complying with regulations and working with a compliance partner like AdvisorLaw. Overall, the discussion focused on helping advisors understand the opportunities and responsibilities involved in making the shift to the RIA space.

 

"The SEC Rule is, am I doing what's in the client's best interest? Am I being careful with their money and making decisions that I think are careful." - Michelle Atlas

 

This week on The Model FA Podcast:

  • Career journey and RIA services with Michelle Atlas.
  • Transitioning from broker-dealer to RIA.
  • Regulatory changes and compliance in the RIA space.
  • Marketing in the financial industry with a focus on compliance.
  • SEC compliance for financial advisors transitioning from broker-dealers to registered investment advisors.



Our Favorite Quotes:

 

"Anything that you collect a fee on, is Ria, anything you could collect a commission on, is a broker-dealer. And so you look at your book and you say, well, what else am I still collecting commissions on?" - Michelle Atlas

 

"From a marketing standpoint, in the RIA space, it's just nice that you can market your business more in alignment with the way that businesses are marketed today." - David DeCelle

 

"So there are some challenges, but I think  85-90% of most people's books these days, if you look at them, are fee based, because they are using managed money." - Michelle Atlas

 

"FINRA derives their jurisdiction from the SEC. So instead of having three regulators, and if you're doing insurance, maybe four, you're down to three." - Michelle Atlas

 

Connect with Michelle:

 

  • LinkedIn: https://www.linkedin.com/in/michelleatlas/
  • Website: https://advisorlawllc.com/
  • Email: matlas@advisorlawyer.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Positioning Yourself with Focus and Purpose with Mark Willis19 Sep 202300:45:30

Mark Willis, CFP® is a man on a mission to help you think differently about your money, your economy and your future. Mark is a CERTIFIED FINANCIAL PLANNER™, a three-time #1 Best Selling Author and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in real estate, paying for college without going broke, and creating an income in retirement you will not outlive.  Mark works with people who want to grow their wealth in ways that are safe and predictable, to become their own source of financing, and create tax-free income in retirement.

On episode 136 of the Model FA Podcast David and Mark emphasize the importance of treating oneself as a key investment and examine the one-size-fits-all approach of recommending generic investment options like target date funds to entrepreneurs. They discuss the pitfalls of "shiny object syndrome" as Mark introduces the idea of "iki-gai," a Japanese concept for finding one's reason for being, as a tool to align passion, skill, and market demand. 

"Conflict at its root is just unexpressed expectation. So go deep before you get into proposing and strategies and recommendations, figure out what their expectations are." - Mark Willis

This week on The Model FA Podcast:

Mark's introduction.

Strategies to get to seven figures.

Mark's philosophy on target market and how to position yourself.

Power of podcasting.

Leveraging the power of content.

How conflict can build relationships.

 

Our Favorite Quotes:

"Guesting on someone else's show is brain dead simple, because you just get on and you have a conversation with someone who loves to chat with you, and you hopefully enjoy chatting with him. The power there is, you're getting in front of your target audience, you're having a one on one long form discussion with people who might just do business with you." - Mark Willis

Connect with Mark:

Twitter: https://twitter.com/LakeGrowth/

LinkedIn: https://www.linkedin.com/in/marklakegrowth/

Website: https://lakegrowth.com/

Email: thanks@lakegrowth.com

 

Learn More About YCharts

This episode is sponsored by our friends at YCharts. Exciting times at YCharts — they just announced their latest product enhancement called Proposals. YCharts Proposals is a game-changing capability, empowering wealth management professionals with the prowess to craft captivating narratives, effectively conveying their investment strategies that help win new business. But that's not all – mark your calendars for September 22nd because YCharts will be hosting a webinar to unveil Proposals and show off its full potential. You'll learn how to whip up reports that don't just highlight the value of your investment strategies but also cater to your clients' unique financial needs. Click the this link to register for YCharts' webinar if you want to learn more about Proposals, and get 15% off your initial subscription when you start your free YCharts trial (new customers only). 

Register: https://ycharts.zoom.us/webinar/register/5916933495668/WN_OD3x5xyzQ7qWTrtGDChLFA

About the Model FA Podcast:

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams.
 

Our Team:

President of Model FA, David DeCelle

 

 

From Masterminds to Podcast: Showing Authenticity with Eric Brotman05 Sep 202300:52:19

Eric Brotman is the CEO of BFG Financial Advisors, President of Brotman Consulting Group, LLC, Host of "Don't Retire...Graduate!" podcast, and author of three books on personal finance including "Don't Retire...Graduate! - Building a Path to Financial Freedom and Retirement at Any Age"

 

On episode 135 of the "MODEL FA PODCAST," the spotlight is on Eric, the CEO of BFG Financial Advisors and author of "Don't Retire Graduate." The episode delves deep into the crucial role of company culture, mission statements, and the power of advisory boards in shaping businesses. As the conversation progresses, Eric emphasizes the value of building authority and influence through authentic podcasting, robust networking, and mastermind groups. The episode further underscores the significance of early exit strategy planning, collaboration over competition in the financial industry, and the potential of strategic alliances. Wrapping up, Eric discusses the indispensable nature of reading, recommending seminal books that provide foundational knowledge for financial advisors.

 

"I think it's incredibly important to be authentic. The key to podcasting is to be yourself, to be vulnerable, to be authentic and to be fallible. And then if you're relatable in that way people will seek you out." - Eric Brotman

 

This week on The Model FA Podcast:

  • Culture Culture Culture Culture.

  • How often should you review your mission statement?

  • The importance of building authority and influence.

  • Two paths to build influence.

  • The power of being yourself.

  • The importance of having a succession plan.

  • The importance of having an exit strategy.

  • Strategic alliances and how they work.

  • The importance of having a reading list.

 

Our Favorite Quotes:

 

"One of the things I loved when I was an advisor is the culture of joint work. And being able to learn from other folks, either in my office or throughout the countr; people who had different specializations." - David DeCelle

"I believe in collaboration over competition, I think our industry is one that's has the benefit of radical abundance. There are so many opportunities, so many people and families and businesses need our help. There's a shortage of financial advisors and an even bigger shortage of good ones." - Eric Brotman

"Culture, culture, culture, if you add people to your organization, not just clients, but particularly employees, or other advisors, the Fit has to be really, really perfect." - Eric Brotman

Connect with Eric:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

 

Exploring Bitcoin & Traditional Finance with Trent and Isaiah15 Aug 202300:58:02

Trent Dudenhoeffer (Duden-hoff-er) is a CFP® practitioner. He started his career as a financial planner at LPL Financial but left in 2021 to join Watchdog Capital where he is focused on the convergence of bitcoin and traditional finance.

 

Isaiah Douglass is a MBA, CFP®, CEPA. He specializes in working with veterinarians and dentists due to a personal relationship that started with finding how I could help him be successful in his career.

 

In this episode David is joined by Trent and Isaiah to unravel the fascinating world of bitcoin and cryptocurrency, discussing everything from their personal journeys into the space, to the broader implications for the financial industry. This engaging conversation touches on the distinctions between bitcoin and other cryptocurrencies, the impact of regulation, and the potential future of digital assets.

 

"I do believe you have a fiduciary responsibility to, at the very least, educate yourself and form an educated opinion on crypto. And based on that opinion, decide whether or not to discuss crypto with your clients" - David DeCelle

 

This week on The Model FA Podcast:

 

The difference between crypto and bitcoin specifically.

What makes bitcoin unpredictable and crypto very unpredictable?

What makes bitcoin different from other cryptocurrencies?

Does regulation play a role?

Bitcoin is not an asset only for politicians.

The size of the total addressable market.

How does this fit into the financial plan?

Fiduciaries have been given the okay to largely ignore bitcoin.

Fiduciary responsibility to educate clients.

Books that have had an impact.

 

Our Favorite Quotes:

 

"Everyone is drinking from a firehose, with everything else,and then add crypto on top of that. We're just trying to cut through as much noise as humanly possible to give you exactly what you need in the most efficient way. So that you can actually be knowledgeable about Bitcoin." - Trent Dudenhoeffer

 

"A little bit of Bitcoin goes a long way. And if they're already, okay, this can ensure that if we see an event happen that maybe you don't believe ever really happens. But it does help protect the purchasing power of those individuals. I think ultimately, that's what bitcoin does." - Isaiah Douglass

 

"That's the only way financial plans ever work is if you have a long term time horizon. So go ahead and make your jokes now. Yes, bitcoins down. Yes, I was touting it at its high at 69,000. You got me. Let's talk again in 10 years, and we'll see who's laughing at that point?" - Trent Dudenhoeffer

 

Connect with Isaiah:

 

https://twitter.com/IDFinancial

 

Connect on LinkedIn

 

Website: https://www.vincerewealth.com

 

Email: isaiah@veterinariansuccesspodcast.com

 

Connect with Trent:

 

Connect on Twitter

 

Connect on LinkedIn

 

Website: https://www.adviceonbitcoin.com

 

Email: twdudenhoeffer@gmail.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

 

President of Model FA, David DeCelle



If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

 

The Future of Financial Advisory: AI, Automation, and Growth Strategies with Daleele Alison01 Aug 202300:33:09

Daleele Alison is a technology professional and entrepreneur. He is the CEO and co-founder of RooksDM, a technology consulting group that helps alleviate pain points for small to midsize companies by using the right technology. Daleele has worked as a consultant, business analyst, and project manager for Fortune 500 companies to SMBs.

In this episode, David interviews Daleele Alison, the President of RooksDM, a tech company that helps businesses streamline their processes using technology. They discuss how RooksDM assists financial advisors in improving their efficiency through automation. Daleele shares some examples of their automation solutions, such as using online forms to collect data from clients, automating scheduling of client meetings, and using AI to extract data from documents. They also talk about the importance of standardizing document management across firms and how implementing technology can significantly impact a business's value and growth. 

Broadly, we serve professional services, so any service based company, we can help service. And the main reason for that, and it kind of ties into one of our philosophies. We're process first, technology second." - Daleele Alison

This week on The Model FA Podcast:

  • Introductions and welcome.
  • How Daleele got into the tech space
  • Automate the non-client-facing aspects of your business.
  • Automation of calendar links.
  • Leveraging data from multiple sources.
  • Leveraging workflow automation for onboarding.
  • Automation of renaming files.
  • How do you leverage intangible assets to drive value?
  • The importance of ai and tech.
  • Traction or rocket fuel.

Our Favorite Quotes:

  • "So we can leverage some automations using email. So in that specific scenario, for example, is, hey, you're still collecting the documents and the data via email, we're just leveraging workflow behind the scenes to help route what happens once the email is received." - Daleele Alison

  • "So sometimes what we see is, and we're all guilty of this of, hey, technology can help me solve this problem. And we just throw some tech at it, and it'll be magically solved. And that's not the case." - Daleele Alison

  • "I know, at least for me, and some of the advisors I work with, the tech side of the business can be fairly overwhelming." - David DeCelle

  • "Yeah, so few different things. One simple one is leveraging online forms to collect data. So a lot of data is still being captured, may we consider it manually through email." - Daleele Alison

  • "Advisors want to impact folks. They want unlimited potential for their income, and they want independence in their calendar." - David DeCelle

Connect with Daleele Alison:

About the Model FA Podcast

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

Our Team:

President of Model FA, David DeCelle

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Becoming a Better Human Every Day with Joe Templin Part II25 Jul 202300:46:47

Joe Templin is the author of Every Day Excellence, a book that outlines the process of making daily investments toward personal improvement and development. Widely regarded as the Human Kaizen Expert, Joe is dedicated to making individuals and organizations better. He is the co-founder and President of The Intro Machine, a learning ecosystem and training environment that helps individuals build and grow an introduction-based business. Before co-founding The Intro Machine, Joe served as the Managing Director of The Unique Minds Consulting Group and was a director at Northwestern Mutual.

Joe joins me today to outline the components of the g-factor and how they determine the rate of success in life. He discusses examples of unconscious competence and the role of sleep and rest in developing the g-factor. He explains how grit, resilience, and work ethic can take any person far in life. Joe also highlights the importance of making the most out of your time, describes how people can develop their threshold for discomfort, and underscores the value of new ideas and experiences.

"The g-factor is the greatest determinant of long-range success—more important than your IQ, education, social skills, or social status." - Joe Templin

This week on The Model FA Podcast:

  • The g-factor and its difference from IQ
  • Fluid intelligence
  • Verbal acuity
  • The importance of sleep
  • Synthetic thought and our capability to draw correlations
  • Making the most of your time and the value of reading or listening to a book
  • Helping clients beyond expectations
  • Intimacy's role in the trust factor
  • Building grit and resilience in your life

Our Favorite Quotes:

  • "To truly add value to the people you serve—to really elevate the client experience—you need to focus on helping them with things outside what you're compensated to do." - David DeCelle
  • "Having a broad spectrum of knowledge allows you to truly impact someone's life." - David DeCelle
  • "People who don't expose themselves to new concepts and ideas limit their g-factor and their growth because they don't feed their mind with new experiences they can apply in different areas." - Joe Templin 

Related Episode:

Connect with Joe Templin:

About the Model FA Podcast

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams.

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered.

Our Team:

President of Model FA, David DeCelle

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Rethinking Traditional Budgeting Methods with John Crane11 Jul 202300:35:19

John Crane is an author, financial advisor, retirement income planner, and registered representative and financial advisor at Park Avenues Securities LLC. Before serving in the financial services industry, John held several posts at Sprint, including a Senior Government Account Executive role. In his book, The One-Number Budget, he helps readers with staying on track with a budget, simplifies the budgeting process, and explains lifetime cash flow. John holds a Master of Business Administration degree from George Mason University and received his Chartered Financial Consultant, Chartered Life Underwriter, and Retirement Income Certified Professional designations from The American College.

John joins me today to discuss The One-Number Budget and how financial advisors can help clients shift their perspectives on budgeting for retirement. He describes his background and his path to the financial services industry. He details the disadvantages of traditional budgeting. John also highlights the lifetime perspective on cash flow to keep in mind when budgeting and underscores the power of serving others as your authentic self.

"Traditional budgeting is a snapshot in time that only addresses the month, but there's a lifetime perspective on cash flow you need to take into account." - John Crane

This week on The Model FA Podcast:

  • The beginning stages of Crane Financial
  • What made John look at budgeting from a different perspective
  • How traditional budgeting elicits the feeling of scarcity from clients
  • Executing the One-Number Budget in reality
  • Why financial advisors are like psychologists
  • How John guides clients who are unsure about the One-Number Budget
  • The disadvantages of traditional budgeting
  • The 30-year earning time
  • Helping clients who have not or can't save 20% of their income
  • Working with the One-Number Budget worksheet
  • Serving as your authentic self

Resources Mentioned:

Our Favorite Quotes:

  • "I'm turning 33 shortly, and it's like I'm so young and I've got plenty of time; but no, I'm 3 years into my 'true' earning years and I need to ensure I'm planning for the last 30 years of my life." - David DeCelle
  • "Advisors look for tips, tricks, and tactics, but often the biggest breakthroughs come when there's a shift in mindset as opposed to using a new tool." - David DeCelle
  • "Once I got that permission slip to be myself and focus on helping people the way I think it should be done, my business started growing quickly. I started having more fun and became more effective." - John Crane

Connect with John Crane:

About the Model FA Podcast

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams.

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered.

Our Team:

President of Model FA, David DeCelle

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

 

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This podcast is intended for general public use. By providing this content, Park Avenue Securities LLC and your financial representative are not undertaking to provide investment advice or make a recommendation for a specific individual or situation, or to otherwise act in a fiduciary capacity. ModelFA Podcast is not affiliated with or endorsed by PAS, Guardian, or Crane Financial and opinions stated are their own.

John W. Crane, Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 11350 McCormick Road, Executive Plaza III, Suite 202, Hunt Valley, MD, 21031, 667-318-0801. Securities products and advisory services offered through PAS, member FINRA, SIPC.

Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Crane Financial LLC is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License Number - 0G79065. 

Compliance # 2023- 155099, Exp 06/2024 

 

Concierge Financial Planning: Taking Client Relationships to the Next Level with Phil Bender20 Jun 202300:43:33

Phil Bender is an awarded industry leader with more than 30 years of experience in the financial services sector. He's processed those experiences into a growth-based program to help individuals achieve a CEO mindset. His mission-driven objective is to impact one million people through his writing, coaching programs, workshops, and public speaking.

 

In this conversation, Phil discusses the concept of concierge financial planning and its parallels with concierge healthcare. He explores the idea of providing a deeper relationship and a higher level of service to clients, going beyond the traditional approach of computer-generated plans. Phil emphasizes the importance of building relationships, understanding core values, and delivering exceptional service to create a unique and valuable advisor-client dynamic. The conversation also touches on the psychological barriers advisors may face when embracing a concierge approach and the benefits of expanding one's perspective on wealth and experiences.

 

"Concierge financial planning is a key strategy to separate yourself from the pack when prospecting or developing new clients." - Phil Bender

 

This week on The Model FA Podcast:

 

  • What is the significance of the Sea Captain Coaching name?
  • What does a concierge doctor look like?
  • Why you have to respect the person you're talking to.
  • You need to get out of your bubble.
  • Three reasons why people leave your firm.
  • The value of a culture that's transferable.
  • David's advice for those who want to achieve peak performance.

 

 

Our Favorite Quotes:

 

  • "Concierge financial planning is the client experience. What is the client experience you as an advisor are providing your client?" - Phil Bender
  • "Financial planning on a concierge level is putting a plan together itself, charging a fee for possibly those types of things." - Phil Bender
  • "Accountability coaching, you either have to respect the hell out of the person you're talking to." - Phil Bender
  • "Concierge financial planning is a key strategy to separate yourself from the pack when prospecting or developing new clients." - Phil Bender
  • "When an advisor can provide that level of experience to make someone feel special, it's a totally different dynamic and something that every advisor should strive for." - David DeCelle
  • "Financial advising is one of the few careers where you can still grow socioeconomically above your parents, there aren't a lot of them." - Phil Bender
  • "Go and spend a couple nights at the Ritz just to experience it, like go spend money for these experiences so that you can be exposed to what that's like." - David DeCelle

 

Connect with Phil Bender:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Balancing Business and Personal Well-Being for Financial Advisors with Stevyn Guinnip06 Aug 202400:57:41

In this episode of the ModelFA Podcast, David sits down with Stevyn Guinnip, a health expert for financial advisors. They discuss the importance of prioritizing health and wellness in achieving overall success, and how advisors can balance their professional and personal lives. Stevyn shares her personal journey and the lessons she's learned about the long-term impact of stress, sleep, and nutrition on health and well-being. The conversation also covers the benefits of proactive healthcare, the impact of personal health on professional success, and simple habits that can lead to better health. Listeners will walk away with actionable tips and strategies to improve their own health and wellness, and ultimately, their overall quality of life.

 

This week on The Model FA Podcast:

0:00 - 1:24: Introduction to the episode and guest Stevyn Guinnip

1:24 - 2:01: Stevyn's background and connection to the financial industry

2:01 - 3:49: Discussion on the different definitions of success and the importance of balancing business, health, family, and personal well-being

3:49 - 8:47: Stevyn's personal journey and the pivotal moment when her father turned down a promotion to prioritize his family and health

8:47 - 15:36: Stevyn's experience with a health crisis and the lessons she learned about the long-term impact of stress, sleep, and nutrition on health and well-being

15:36 - 21:28: The importance of proactive healthcare, the impact of personal health on professional success, and the gradual decline in men's testosterone levels

21:28 - 26:53: Simple habits for better health, including drinking water, walking, and weight training, and the benefits of incorporating these habits into daily routines

26:53 - 32:07: The power of saying "yes" and starting small, and the recommendation of the book "Outlive" by Dr. Peter Attia

32:07 - 37:12: Stevyn's upcoming book "How To Grow Wealthy" and the importance of prevention and self-care in achieving overall success

 

Connect with Stevyn:

 

  • Website: www.growwellthy.com

  • LinkedIn: https://www.linkedin.com/in/stevyn-guinnip/

  • Email: stevyn@growwellthy.com

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



A Conversation with Joe Milano07 Jun 202300:41:12

Joseph Milano is the Managing Partner at New South Wealth Management. Joe is originally from Staten Island, NY and he moved to Charlotte, NC where he started his journey with New South Wealth Management. Joe obtained his bachelor's degree from Villanova University where he developed and established his passion for the financial industry. Joe is excellent at educating families and business owners on innovative and personalized strategies. 

 

Joe Milano talks about the difficult decision to transition out of Northwestern Mutual, joining AIG Financial Network, where they had the opportunity to build and expand the investment and insurance practices, and losing this job. This unexpected turn of events led him to take a year off to reconnect with friends and family. During that time, he observed flaws in the industry's models, with corporate profits taking precedence over clients and producers. In 2017-2018, they built their own model, focusing on putting clients and producers at the center.

 

"A lot of the shops are broken. Instead of putting the producer or the client at the center, they put corporate profits at the center." - Joe Milano

 

This week on The Model FA Podcast:

 

  • Joe's transition from intern to full-time rep.
  • What was it like to run his own office and shift from being an intern to a field director? 
  • Joe's first stop after Northwestern was AIG Financial Network. AIG had a very big investment practice and insurance practice.
  • What is the current status of the business in terms of human infrastructure? 
  • What keeps Joe going in the business. 
  • How can you stay committed and refocused?
  • Joe's thoughts on how anyone can become a financial advisor . 
  • Joe shares a story about how he's been able to use the "back of the napkin" approach in his business. 
  • The Dichotomy of Leadership by Jocko Willink.

 

Our Favorite Quotes:

 

  • "When you hit a point in your career where you recognize, I want to work with high net worth people or closely held family businesses, these big career weather agencies or wirehouses aren't necessarily a fit for those individuals." - Joe Milano
  • "It's a hard pill to swallow when you start at one year old and now you're 35 years old, and this is what you've committed all your time, effort, and energy to." - Joe Milano
  • "When I transitioned out, one of the biggest things was leaving behind my friends who were like family in the office." - Joe Milano
  • "I really think that time, a lot of these home offices started to really evaluate their models and try to figure out what they were doing." - Joe Milano
  • "A lot of the shops are broken. Instead of putting the producer or the client at the center, they put corporate profits at the center." - Joe Milano
  • "We take a holistic approach, focusing on clients with insurance, investments, taxes, and legal aspects." - Joe Milano
  • "Our model ensures that each cornerstone of a client's financial plan is fully sound to achieve both short-term objectives and long-term plans." - Joe Milano
  • "We prioritize client needs and objectives without being constrained by corporate profit-driven agendas." - Joe Milano

 

Connect with Joe Milano:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.\

 

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Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. These are the opinions of New South Wealth Management and not necessarily those of Cambridge Investment Research, are for informational purposes only, and should not be construed or acted upon as individualized investment advice. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. New South Wealth Management and Cambridge are not affiliated. Cambridge does not offer tax or legal advice.

 

Becoming a Better Human Every Day with Joe Templin Part I16 May 202300:59:07

Joe Templin is the Human Kaizen Expert, dedicated to making individuals and organizations better. He is the co-founder and President of The Intro Machine, a learning ecosystem and training environment that helps individuals build and grow an introduction-based business. Before co-founding The Intro Machine, Joe served as the Managing Director of The Unique Minds Consulting Group and the CEO of the Lamp of Castle Holdings, Inc. He is also a former director at Northwestern Mutual. His book, Every Day Excellence, outlines the process of making daily investments toward personal improvement and development. In addition to his work at the Intro Machine, Joe serves as a board member of the Autism Society of the Greater Capital Region, New York.

 

Joe joins me today to discuss why becoming a better human translates to better business. He reveals the most important skill entrepreneurs need to have in the early stages of their business and explains his "be more, sell more" philosophy. He describes how the lessons he learned from studying martial arts have helped him become a better financial advisor and why we all need to do difficult things every day. Joe also highlights why saying "next" is an essential skill for financial advisors to learn and underscores how having an attitude of gratitude positively informs one's ability to do good business.

 

"Having a more altruistic attitude, in general, translates into better production. It's capitalistic karma: the more you help others, it reflects and comes back to you." - Joe Templin

 

This week on The Model FA Podcast:

 

  • What "kaizen" means and its application to human development
  • Joe's journey from applied physics to financial services
  • How being a better human naturally builds more business
  • The relationship between commitment, consistency, and confidence
  • Five good things to do on a daily basis
  • Living with no regrets and the Stoic philosophy
  • How to be a better human every day
  • The art of goal planning, reaching for the stars, and setting and achieving big, audacious goals
  • Giving others the gift of a smile and a kind word
  • How good and bad habits compound
  • Why the word "just" puts us on a slippery, downward slope of professional pride
  • Holding yourself to the highest possible standards consistently
  • The "Trust Factor" equation

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Trust is based on the accumulation of positive experiences someone has with you." - David DeCelle
  • "Convenience kills. Four or five times a day you need to do the harder thing; avoiding difficult things compounds." - Joe Templin
  • "Your confidence skyrockets when you do something that you, deep down, didn't want to do—it builds a certain level of resilience that makes you think you can do anything." - David DeCelle

 

Related Content:

 

 

Connect with Joe Templin:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Motivational Interviewing with Jeremy Keil03 May 202300:41:51

Jeremy Keil is a financial advisor at Keil Financial Planners. As a specialist in retirement planning, Jeremy is dedicated to helping people learn more—and feel more confident—about their money. He served as a financial advisor at Thrivent Financial for over 20 years before beginning his work at Keil Financial Planners and formerly served as an adjunct professor at the Wisconsin Lutheran College and the Concordia University in Wisconsin. Today, in addition to his work at Keil Financial Planners, Jeremy hosts Retirement Revealed, a podcast honored among Feedspot's Top 25 Retirement Podcasts to Follow in 2021. 

 

Jeremy joins me today to discuss motivational interviewing and how financial advisors can approach it. He shares his journey in the financial advisory industry and explains how he discovered motivational interviewing. He describes the mutual relationship between financial advisors and clients and details why financial advisors should have compassion and empathy for their clients. Jeremy also outlines a few key questions financial advisors can integrate into their discovery meetings and highlights how launching a podcast has benefitted him as a financial advisor.

 

"I thought connecting with someone was just about asking questions, but motivational interviewing teaches you that it's about open-ended questions, affirmations, reflections, and summaries." - Jeremy Keil

 

This week on The Model FA Podcast:

 

  • Jeremy's background and how he began his career as a financial advisor
  • How Jeremy started building his book of business as a financial advisor
  • What motivational interviewing is
  • How financial advisors can take principles from unrelated industries 
  • Basic motivational interviewing questions financial advisors can integrate into their discovery meetings
  • Rolling with resistance and supporting clients' self-efficacy
  • Where to learn more about motivational interviewing
  • The importance of practicing and role-playing motivational interviewing
  • How financial advisors can benefit from launching a podcast
  • Jeremy's thoughts on wealth and contentment

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Lots of folks can be great advisors, but the systems they're in might discourage them from making it in the industry." - David DeCelle
  • "Part of motivational interviewing involves being curious about the person you're sitting across from." - David DeCelle
  • "You may be the expert in your field, but your clients are the experts on themselves: they know what works for them." - Jeremy Keil

 

Connect with Jeremy Keil:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

The Benefits of Captive Insurance Companies with Jarid Beck18 Apr 202300:33:52

Jarid Beck is the co-founder and Managing Director of Risk Management Advisors, a national firm specializing in the design, implementation, and management of self-insured plans and captive insurance companies. A career specialist in alternative management strategies with a diverse background in insurance, Jarid delivers technical insurance solutions to clients in a wide variety of industries including construction, real estate, staffing, manufacturing, trucking, and finance. He holds a degree in Business Administration from the University of California, an Associate of Captive Insurance designation from the International Center for Captive Insurance Education, and a Construction Risk Insurance Specialist designation from the International Risk Management Institute.

 

Jarid joins me today to discuss captive insurance companies and how they can be a great means to serve business owners. He explains how business owners can utilize the captive insurance methodology and process within their companies. He outlines the benefits of captive insurance, especially toward risk management. Jarid also warns against the abuse of captive insurance, explains the work involved in creating captive insurance companies, and highlights how advisors can open the conversation about captive insurance companies with their clients or prospects.

 

"Captives are a great wedge for prospecting or keeping new ideas in front of your clients. It comes to fact finding—identifying how big their companies are and how many employees they have." - Jarid Beck

 

This week on The Model FA Podcast:

 

  • Jarid's background, professional journey, and how he learned about captive insurance companies
  • The business model of Risk Management Advisors
  • What captive insurance means
  • The risks captive companies typically self-insure for
  • The logistics of captive insurance and how it differs from self-insurance
  • What captive managers are and how they can help business owners with the captive insurance process
  • The benefits of creating captive insurance companies
  • Reinsurance and negotiating captives, risk, and losses
  • Tax benefits and tax treatments related to captive insurance companies
  • Risk profiles and types of business that can best benefit from captive insurance
  • How to communicate the benefits of captive insurance to business owners

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Captive insurance companies are a risk management tool that addresses insurance and risk needs. Using it outside of its intended purpose can make things go haywire." - Jarid Beck
  • "In captive insurance, businesses start their own insurance company that serves themselves." - David DeCelle
  • "Opening up the conversation is as simple as asking them about captive insurance, seeing how they respond, and letting them know you're there as their support." - David DeCelle

 

Connect with Jarid Beck:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Serving Real Estate Professionals with Mike Metzger04 Apr 202300:39:17

Mike Metzger is a certified financial planner and the founder of Lifepoint Financial Design, a financial services firm dedicated to helping clients live a more purposeful life through financial planning. Mike–a real estate investor and spouse of a realtor—believes in the potential of real estate as an asset class and is on a mission to support realtors by providing them with creative financial planning services. Before founding Lifepoint, Mike served as the Vice President and Senior Financial Advisor of UnionBanc Investment Services and as a financial advisor for Merrill Lynch. He attended the University of Iowa and holds a Chartered Retirement Plans Specialist designation from the College of Financial Planning.

 

Mike joins me today to share his ideas on how financial advisors can effectively serve real estate professionals. He describes the beginnings of Lifepoint Financial Design and how he began serving real estate professionals after a career at Merrill Lynch. He explains the benefits of having a subscription-based pricing model and how financial advisors can help their realtor clients plan their cash flow through the "Profit First" method. Mike also highlights the biggest misconceptions about working with real estate professionals and underscores the power of connecting with clients on a deeper, personal level.

 

"Many realtors and real estate agents want to see the real you. They want to know that you're a genuine person—that you're someone they can connect with on their level." - Mike Metzger

 

This week on The Model FA Podcast:

 

  • The power of building a brand and online presence
  • Mike's educational background and professional journey in financial services
  • The demographics of Mike's realtor clients
  • Understanding the three pain points of realtors and real estate agents
  • The unique challenges of working with clients from the real property industry
  • Helping realtors compartmentalize their "opportunity dollars" and plan their cash flow
  • The "Profit First" method
  • Mike's business structure and pricing model
  • Lifepoint Financial Design's ongoing client service model
  • Passion, profit, and how to choose a niche as a financial advisor
  • How Mike creates a casual and more enjoyable atmosphere with his clients
  • Building solid relationships with clients through social media

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "If people go to your Instagram, they would go to your meetings with their guards lowered. It solidifies the level of trust they already have with you." - David DeCelle
  • "Realtors help people and build businesses similar to what we financial advisors do. There are so many ways in which you can connect, build, and solidify your relationship with them." - David DeCelle
  • "Advisors who consider interacting on social media put too much thought in it. People just want to see the knowledge they're for and that you're a real person they can connect with." - Mike Metzger

 

Connect with Mike Metzger:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review on whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas for future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Long-term Care Planning and Insurance with Marc Glickman21 Mar 202300:33:15

Marc Glickman is an actuary and long-term care insurance expert. He is the founder and CEO of BuddyIns, a nationwide community of long-term care insurance experts who are dedicated to helping individuals and families find the best plan to meet their care needs. Marc previously served as the Chief Sales Officer of LifeCare Assurance Company, a firm he worked with for over 11 years before founding BuddyIns in 2019. In addition to his work at BuddyIns, Marc serves as a member of the Board of Advisors for CLTC. He holds an Economics degree from Yale University and is a designated Fellow of the Society of Actuaries.

 

Marc joins me today to discuss and clarify the misconceptions about long-term care planning and insurance. He describes why long-term care services have greater inflation than other products and how financial advisors can approach a conversation with a client about policies. He discusses why financial advisors should work with long-term care specialists. He also explains how offering long-term care planning to clients can open up generational wealth planning opportunities for financial advisors and highlights why long-term care planning is one of the best business relationship-building tools for a financial advisor.

 

"Think of a long-term care policy as a gift to your family. I bought my policy as a gift to my wife, who was happy to know that if something happens to me, she will not feel burdened with providing care for me." - Marc Glickman

 

This week on The Model FA Podcast:

 

  • Marc's background and how he began his career in long-term care planning and insurance
  • Long-term care planning and insurance and its role in a general financial plan
  • How unpaid long-term caregiving impacts families
  • The best time to talk to a client about long-term care insurance policies
  • How to talk to a client who's not open to long-term care
  • Funding mechanisms for long-term care services and policies
  • Planning for insurance premiums with clients living on a fixed income
  • The likelihood of an individual using their long-term care policy
  • How a client can benefit from a long-term care plan if they don't get to use it
  • How offering long-term care products can help financial advisors grow their businesses

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "When you're properly insured, you get an insulation and a sense of fearlessness that no matter what happens, everyone around you is taken care of. It's a rewarding feeling." - David DeCelle
  • "Not implementing long-term care planning throughout your client relationships makes you grossly under-insured in your own book of business. Have these conversations; otherwise, it's a business risk for you in the long run." - David DeCelle
  • "One out of two people will have an extended care event that will last up to 90 days. It's definitely something worth planning for." - Marc Glickman

 

Connect with Marc Glickman:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

The MVP Guide to Branding for Financial Advisors with Jennifer Hensley07 Mar 202300:45:24

Jennifer Hensley is a marketing strategist and the owner of Playmaker Coaching & Consulting LLC— dedicated to changing the game for referral-based business owners. By creating and implementing 90-day marketing plans with her clients, Jennifer helps them scale sustainably without the hassle or hustle. Jennifer worked with Northwestern Mutual for over 18 years before becoming the owner of Playmaker Coaching & Consulting in 2019. She graduated from the University of Missouri-Columbia with a Bachelor's in Marketing and earned her Chartered Financial Consultant and Chartered Life Underwriter designation from The American College of Financial Services.

 

Jennifer joins me today to offer advice on branding for financial advisors. She outlines the SVC branding framework and discusses what factors financial advisors need to consider when creating a branding strategy. She explains how financial advisors can elevate their branding if they're not active on social media. She also highlights how advisors can avoid getting overwhelmed when beginning marketing work for their business and underscores the value of creating a playbook for branding success.

 

"Start by showing up: comment on others' content, give free resources, or add value. Starting there can make a huge difference, and you wouldn't have to worry about how much you need to post every day." - Jennifer Hensley

 

This week on The Model FA Podcast:

 

  • Jennifer's background and career at Northwestern Mutual
  • The "Strategy, Value, and Consistency" framework for branding
  • Tracking and identifying client segmentation and ideal clients
  • Jennifer's advice for being more consistent with branding work
  • The three circles of people who will see your content
  • The importance of adding free value to other people
  • How financial advisors can elevate their branding if they're not active on social media
  • Creating a library of content for repurposing and reusing
  • The branding minimum viable product every financial advisor needs to have

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "The reality is if you want people to care about your stuff, it starts by you caring about theirs. You need to interact with them first to make interaction happen." - David DeCelle
  • "It's important to not just put together a plan but also a plan of execution, and a plan around how you're going to review and reassess." - David DeCelle
  • "Being strategic, value-based, and consistent helps advisors create aim and focus, rather than just going all over the board and hoping something will work out." - Jennifer Hensley
  • "Advisors often have a lot of ideas all the time and immediately take it all and adopt it all, at which point they struggle. Trying to make it manageable makes it more consistent." - Jennifer Hensley

 

Connect with Jennifer Hensley:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Leveraging Fintech to Scale Practice Management Efficiency with Hiren Patel21 Feb 202300:50:20

Hiren Patel is the Head of Advisor Solutions at 55ip, a fintech company dedicated to breaking down the barriers to financial progress. By using its tax-smart investment strategy engine, 55ip helps financial advisors dramatically improve their efficiency and effectiveness. Hiren served as an Advisor Engagement Manager for SigFig from 2019 until joining the 55ip team in 2022. He served Merrill Lynch for over seven years as their Managed Solutions Specialist and Merrill Edge Performance Management VP. He holds a Bachelor of Arts degree in Economics from Rutgers University and a Master of Business Administration degree from the Fox School of Business at Temple University.

 

Hiren joins us today to discuss how 55ip helps financial advisors break down barriers to financial progress and scale their businesses. He outlines 55ip's tax strategies and how they help financial advisors make shifts in their careers. He offers advice on direct indexing. Hiren also explains how fintech can help financial advisors get time back in their businesses, increase their value proposition, or transition seamlessly to the RIA space.

 

"It's hard to save and stock money for the rainy day, but it's actually the easy part of investing. The hard part is getting the money out efficiently and effectively." - Hiren Patel

 

This week on The Model FA Podcast:

 

  • Hiren's background, work experience at Merrill Lynch, and journey to 55ip
  • COVID-19 and the shift of financial advisors toward the RIA channel
  • What 55ip is and how they help financial advisors create scale and efficiency
  • Tax-marked transitioning and automated tax-loss harvesting
  • Tax-marked withdrawals and demonstrating value to clients
  • Reviewing 2022's volatile market and tax-loss harvesting
  • Why tax-loss harvesting can be challenging for financial advisors
  • How 55ip helps financial advisors address the challenges related to model customization and personalization
  • Bringing back the value of time in a financial advisor's business
  • Direct indexing for financial advisors

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Putting together a thoughtful plan saves a considerable amount of time at execution and eliminates human error." - David DeCelle
  • "Any time you can buy back and leverage your time, you can grow your business or increase your lifestyle." - David DeCelle
  • "Tax harvesting is a great strategy that provides value and some additional returns in a negative market, but it needs to be done and executed effectively." - Hiren Patel

 

Connect with Hiren Patel:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

The Power of Building Solid Relationships with Andrew Saksa07 Feb 202300:48:04

Andrew Saksa is a media marketing and business development expert. He is the Senior Vice President for Business Development at ReminderMedia, a company dedicated to empowering clients to close more deals and retain more business. Before joining the ReminderMedia team, Andrew was the co-founder of Mypistevo.com and formerly served as the Vice President for Institutional Sales and West Coast Corporate Finance at Joseph Charles. He holds a Bachelor of Business Administration degree from Strayer University.

 

Andrew joins me today to discuss why building strong relationships is paramount to any business's success. He describes his professional journey from being a financial advisor to becoming a media marketing and business development expert. He offers advice on getting a client's spouse involved in financial planning and discusses how financial advisors can engage the next generation. Andrew also explains the importance of personalizing your interactions with clients and highlights and having a service mindset.

 

"The nature of any successful business comes down to one thing: relationships." - Andrew Saksa

 

This week on The Model FA Podcast:

 

  • Andrew's background and journey to joining ReminderMedia
  • His work at Mypistevo.com and New Hope for Kids and career as financial advisor
  • How Andrew maintains the personal connections in his life
  • Finding and serving a charity and the value of service
  • How financial advisors can get their client's spouse involved in financial planning
  • The importance of personalizing interactions with clients
  • Generational financial planning and how financial advisors can connect with the newer generation
  • Curating content and connecting with clients on their level

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "When financial advisors have a scarcity mindset, they never get what they want." - David DeCelle
  • "If you're helping people in different ways outside the scope of what you're compensated to do, you will be elevated in the minds of the people you serve." - David DeCelle
  • "If you want to separate yourself from your competition, figure out what your top clients are into and what's dear to their hearts. Support their initiatives and they'll help you grow your business." - Andrew Saksa

 

Connect with Andrew Saksa:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

The Impact of Entrepreneurial Operating Systems on Advisory Firms with Matt Cosgriff17 Jan 202300:35:12

Matt Cosgriff is the Director of Wealth Management at BerganKDV, a trusted firm that offers business planning and consulting, tax, auditing and accounting, technology, and wealth management services throughout the Midwest. Matt joined the BerganKDV team in 2014. As a wealth management leader, Matt is passionate about cultivating a team-centric environment where everyone can be successful in the service of others. Matt holds a Bachelor of Arts in Economics & Finance from St. Olaf College and a Certified Financial Planner designation from Minnesota State University, Mankato.

 

Matt joins me today to discuss entrepreneurial operating systems and their application to a wealth management firm. He explains how an EOS helps BerganKDV maintain cohesion, build company culture, and achieve organizational initiatives and goals. He describes strategies for managing the challenges of implementing EOS frameworks in a company. He also outlines the framework that BerganKDV uses to overcome EOS's strategy gap and offers advice to advisors who want to roll out EOS in their organization.

 

"An entrepreneurial operating system is a language and framework that effectively brings clarity around how we want to accomplish whatever it is as an organization we want to achieve." - Matt Cosgriff

 

This week on The Model FA Podcast:

 

  • Matt's background and career path to becoming Director of Wealth Management at BerganKDV
  • BerganKDV's history, revenue, AUM, and sister company
  • How BerganKDV's EOS is structured and implemented
  • EOS's impact on accomplishing organizational goals and maintaining company culture
  • Getting employee buy-in and other challenges in implementing EOS
  • Playing to win and creating a framework to overcome EOS's strategy gap

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "With a system like EOS, you can be more efficient, even with a lower number of people required to help manage the business." - David DeCelle
  • "Simplicity doesn't take away effectiveness." - David DeCelle
  • "EOS allowed us to have a broader vision and maintain cohesion and alignment as an organization." - Matt Cosgriff

 

Connect with Matt Cosgriff:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Scaling Your Business Without Losing Your Mind with Tammy Lee16 Jul 202400:36:42

In this episode of the Model FA Podcast, Tammy Lee joins David to discuss how she helps financial advisors scale their businesses as a fractional COO. Through her work, Tammy acts as the operations expert so advisors don't have to be. She rolls up her sleeves to get into the weeds with their staff. Tammy focuses on developing people and building capacity. She works closely with teams to streamline processes and custodian relationships.

By reallocating team members' time based on their strengths, Tammy helps firms increase engagement and productivity. She shares how coaching junior advisors is important for their career progression. Tammy also ensures a smooth transition when she finishes a project by finding a replacement.

This episode provides insight into Tammy's fractional COO services and how she helps advisors solve operational problems. You'll learn about the impact she makes unlocking hidden potential in workplaces. If you want to scale your RIA more efficiently, don't miss this look inside Tammy's consulting approach.

 

This week on The Model FA Podcast:

0:00:00 Introduction

0:01:30 Tammy Lee's background and journey to becoming a financial advisor

0:06:30 Starting her consulting business to help other advisors scale their businesses

0:11:03 How Tammy helps firms as an operations expert

0:13:29 Common problems Tammy encounters in firms

0:15:35 Empowering advisors and CEOs through coaching

0:17:30 Unlocking hidden potential with Adam Grant's book

0:19:58 Transitioning out of firms to help more people

0:21:34 Book recommendation: Hidden Potential by Adam Grant

0:23:06 Ensuring a smooth transition when leaving firms

0:26:02 Importance of coaching and developing junior advisors 

0:28:45 Goal of helping as many firms as possible

 

Connect with Tammy:

 

  • Website: https://www.riasie.com/

  • LinkedIn: https://www.linkedin.com/in/tammy-lee-cfp%C2%AE-27b4432/

  • Email: tammy@riasie.com

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.



The Principles of Influencing People with Brian Ahearn03 Jan 202300:50:58

Brian Ahearn is a consultant and the Chief Influence Officer of Influence PEOPLE LLC, an organization dedicated to helping people move others into action. Having been in the business of training people for over two decades, Brian helps his clients apply the science of influence for better business results. He graduated cum laude with a degree in General Business from Miami University and holds a Cialdini Method Certified Trainer designation. He is also the author of Influence PEOPLE, The Influencer, and Persuasive Selling For Relationship-Driven Agents. 

 

Brian joins me today to discuss the principles of influence and persuasion. He recounts his background, why he left the insurance business and his journey to becoming an expert on building influence. He discusses ideas to make it easier for people to say "yes" to a sale without being too "salesy." He offers advice for building authority if you're new to the industry and describes the importance of invoking genuine scarcity. Brian also outlines the eight steps of an impactful sales process and explains the importance of knowing your audience.

 

"Everything about my persona is either hindering or helping my cause. How we interact with people is part of persuasion." - Brian Ahearn

 

This week on The Model FA Podcast:

 

  • How Brian connected with Dr. Robert Cialdini
  • Dispelling the negative connotations around persuasion
  • The Aristotelian definition of persuasion
  • The principles of influence and making it easier for people to say "yes"
  • Getting people to like you through reciprocity
  • How anchoring a shared identity with others makes it easier for them to agree
  • Communicating your expertise and authority without bragging
  • Building social proof and consistency in word and deed
  • Scarcity and the fear of missing out
  • Invoking a sense of scarcity without being too "salesy"
  • Identifying "driver" and "relational" personality types and the best way to sell to them
  • Building rapport and how to humanize yourself to clients and connect with them on a deeper level

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Persuasion in the right hands can be extremely powerful and impactful." - David DeCelle
  • "You can leverage social proof by focusing on a particular niche." - David DeCelle
  • "When you're in sales, you've got to be willing to understand the other person and somewhat conform to them." - Brian Ahearn

 

Connect with Brian Ahearn:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Mind Management for Advisors with David Kadavy12 Dec 202200:43:54

David Kadavy is a designer, podcaster, and writer. He is the author of Mind Management, Not Time Management, The Heart to Heart Start, and Design for Hackers. He previously served as a design advisor to Timeful, an AI-powered calendar app built upon his mind management principles. In 2015, Google bought Timeful and integrated some of its features into the Google Calendar app. David has spoken in eight countries and SXSW, TEDx, The New York Public Library, The Museum of Contemporary Art, and The University of Chicago. He is the creator and host of Love Your Work, a podcast where he dives into being productive, getting things done, and breeding Black Swans as a creative.

 

David joins me today to discuss mind management and how financial advisors can apply it to their businesses and lives for optimum results. He differentiates between top-down and bottom-up thinkers, and why breaking down a project into its most basic parts can be overwhelming and energy-draining to some people. He shares how you can audit your energy throughout a week to unlock your creativity. He also describes his approach to goal setting for a new year and underscores the power of letting your passive genius take over.

 

"Find pockets of time and energy and protect them so you can get the most value possible from that mental state." - David Kadavy

 

This week on The Model FA Podcast:

 

  • David's background and journey to learning mind management
  • What mind management is and why time management is a flawed concept
  • How financial advisors can apply mind management in their businesses and lives
  • David's "Prefrontal Mondays," identifying your big rocks, and the value of identifying when you're most energetic and creative
  • Different mental states for different activities and why the prefrontal cortex is adverse to creativity
  • The importance of structuring your calendar and day according to your personal needs
  • "Top-down" vs "bottom-up" thinkers and why SOPs can be intimidating
  • MBTI types and the characteristics of Perceiving and Judging types
  • The four stages of creativity and the value of giving yourself time to incubate ideas

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Being diligent with your calendar and scheduling is freeing and helps you think less during the day." - David DeCelle
  • "Set aside particular time to proactively think through the things on your plate. Limit distractions and tackle whatever the topic is at hand." - David DeCelle
  • "Dedicating time and space to a particular task helps parse what mental state you need for that type of task. A certain time, place, and environment will be better suited to some mental states than others." - David Kadavy

 

Connect with David Kadavy:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Pathways for Financial Advisors with Penny Phillips05 Dec 202200:38:13

Penny Phillips is the co-founder and President of Journey Strategic Wealth, an RIA for advisors seeking independence and full-fledged practice management support. She is also the founder and CEO of Thrivos Consulting, a firm on a mission to support financial firms and advisors as they embrace change and discover new ways to thrive. Before founding Thrivos and Journey Strategic Wealth, Penny served as the Director of Practice Management at ClientWise and Vice President of Strategic Consulting at Envestnet, Inc. Penny holds a degree in Corporate Finance and Economics from Macaulay Honors College at The City University of New York.

 

Penny joins me today to discuss the financial advisor's pathway to independence. She describes a financial advisor's role in a consumer's life and shares her observations on various trends in the financial advisory industry. She explains how the industry is dictating what success means to advisors and describes how advisors' development becomes hindered by larger firms' closed systems and communities. She underscores the difference between wealth managers and investment managers and highlights the mindset and belief systems people need to change to become effective financial advisors.

 

"The transition an advisor needs to go through to be a consultative financial planner has less to do with technical confidence and more to do with behavioral and belief shifts." - Penny Phillips

 

This week on The Model FA Podcast:

 

  • Penny's background and journey to co-founding Journey Strategic Wealth
  • How the industry dictates what success means for financial advisors
  • Mindsets financial advisors need to shift to become effective wealth and investment managers
  • The difference between wealth managers and investment managers
  • How today's generation of financial advisors differ from their predecessors
  • The pathway to becoming an independent financial advisor or an RIA
  • Different options in the RIA space
  • Penny's predictions and forecasts for the financial advisory industry
  • How large companies tend to make young financial advisors lose their passion for financial planning
  • Why Penny thinks the solopreneur model will soon no longer work
  • How society has changed motivation and incentives
  • How financial advisors should position themselves in clients' lives
  • The importance of building a personal brand

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Some advisors want to go independent because it's higher revenue and comes with more autonomy. It's also much easier to exit an independent business and sell it." - David DeCelle
  • "Build your personal brand. Being present, meeting where they're at, and building a relationship with them in a leveraged manner is critical." - David DeCelle
  • "Any advisor who wants to protect themselves from being filtered out from the industry and being irrelevant needs to educate the client on the fact that investment management does not equal wealth management." - Penny Phillips

 

Connect with Penny Phillips:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Increasing Your Business' Returns on Life with Simon Severino21 Nov 202200:39:20

Simon Severino is the founder of Strategy Sprints, an organization that helps SaaS and Services companies double their revenue in 90 days. Over his 19 years in entrepreneurship, Simon has executed hundreds of go-to-market strategies with B2B teams worldwide. He is also a business strategy advisor for several organizations including the Silicon Valley Blockchain Society, the Forbes Business Council, and Consilience Ventures. Simon graduated cum laude with a Mag. phil. in Philosophy and Psychology from the University of Vienna and studied Innovation of Products and Services, MIT Design Thinking, and Innovation at the MIT Sloan School of Management.

 

Simon joins me today to discuss how financial advisors and solopreneurs can increase their business' "returns on life." He explains why all business owners should build, scale, and run their companies for selling, even if they don't want to sell in the future. He outlines his method for creating multiple revenue streams and elaborates on what a "key person" risk is. He also highlights daily, weekly, and monthly habits entrepreneurs should have to drive success in their business and underscores what it means to fall in love with a problem while not obsessing over its solution.

 

"Focus on creating multiple revenue streams that stack up on each other, improving brand strength, and systematizing everything. Even if you don't want to sell your business, run it as if you want to sell." - Simon Severino

 

This week on The Model FA Podcast:

 

  • "Return on life," how it's different from ROIs, and how people can benefit from it
  • The value of exit planning and why many people regret selling their businesses
  • How financial advisors can free up time and build more returns on life
  • Removing your "key person" risk and creating activation stages in your business
  • How to build a high-value sellable business
  • How to create multiple revenue streams and how doing so increases your business's resilience
  • Daily, weekly, and monthly habits for every successful entrepreneur and CEO
  • The powerful habits of every successful entrepreneur and CEO
  • The importance of determining how you spend your time throughout the day
  • The four quadrants of the energy audit
  • Turning fixed costs into variable costs to increase flexibility in the business
  • How to create a resilient cost structure and cash flow

 

Our Favorite Quotes:

 

  • "Many people who exit their businesses regret doing so because they don't have a well-defined plan. Ensure that you paint a clear vision of how you're going to spend your days upon the sale of your business." - David DeCelle
  • "Return on life isn't just about the future, but the here and now and ensuring that you have a well-balanced life." - David DeCelle
  • "Every excellent achiever is habitual. Anybody who has built, scaled, and sold a business with success is habit-driven." - Simon Severino

 

Connect with Simon Severino:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Cryptocurrency for Financial Advisors with Greg Johnson14 Nov 202200:35:14

Gregory Johnson is the co-founder and CEO of Rubicon Crypto, an organization that helps investors, financial advisors, and institutions bridge the gap between the digital and traditional investment worlds. Greg has over two decades of leadership experience that spans Fortune 500 companies and start-ups in crypto and digital assets, health and wellness, insurance, and financial services. In addition to his work at Rubicon, Greg is a member of the Bretton Woods Committee and part of the GeoTech Action Council for the Atlantic Council GeoTech Center.

 

Greg joins me today to discuss how financial advisors can include cryptocurrency in their portfolio of services. He describes how major financial institutions are gearing up for the wide adoption of cryptocurrency. He explains how advisors can manage their emotions and expectations about cryptocurrency in a volatile market. He also reveals how financial advisors can evaluate the potential of a crypto project and underscores how Rubicon helps advisors begin their journey in cryptocurrency.

 

"All major institutional players are gearing up for what we believe to be the greatest reallocation of wealth in the history of the industry." - Greg Johnson

 

This week on The Model FA Podcast:

 

  • Greg's background and journey to financial services and cryptocurrency
  • Why financial advisors should think about including cryptocurrency in their client services
  • Hurdles that prevent financial advisors from adopting cryptocurrency
  • How Rubicon Cryptocurrency educates their partner RIAs and financial advisors about cryptocurrency
  • Managing emotions and expectations through a volatile market
  • Due diligence for cryptocurrency and how advisors can sift through crypto "garbage"
  • Tokenomics and evaluating the potential of a crypto project
  • Regulatory considerations and issues in cryptocurrency
  • How managing fees are split up when advisors partner with a firm like Rubicon
  • Mastery and the importance of embracing the plateaus of your life

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Whether we're in a bull market or a 'crypto winter,' people will either say 'see, I told you,' or switch camps along the way." - David DeCelle
  • "Though the stock market is volatile currently, it tends to be more stable over time—more than how people perceive the crypto space." - David DeCelle
  • "Most of the crypto and token projects out there look and feel like securities, behaving like stocks in many aspects." - Greg Johnson

 

Connect with Greg Johnson:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Working Less and Maintaining a Successful Business with Kevin Stansfield07 Nov 202200:49:55

Kevin Stansfield is an award-winning business coach, author, and keen golfer. He is the Founder and Director of ActionCOACH Solent in the UK, a company offering business coaching to small to medium-sized organizations.  Their objective is to help clients clarify their dreams and goals for the future and make a plan to achieve those dreams and goals, whatever they may be. Before ActionCOACH, Kevin qualified as a Chartered Accountant, working with businesses, and helping them to grow successfully. After completing an MBA in 2006, he changed his career direction and focused more on business planning, growth and development and less on the financial aspects of business.

 

Kevin joins me today to discuss how ActionCOACH helps business owners and senior executives to realize their full potential and take their businesses to the next level of success. He explains the importance of working less so that you can spend more time doing what you love. Kevin highlights ideas around building a team and delegating the right way so that you don't get overworked and ultimately burn out.

 

"If you want to work less, you got to be clear what work less looks like."- Kevin Stansfield

 

This week on The Model FA Podcast:

 

  • How Kevin benefits from ARI; a business where he gets to do business networking while playing golf.
  • Kevin's background and he got started in business coaching.
  • Common mistakes business owners do which lead them to overwork and burnout.
  • Kevin's simple formula to help people start building a life to better leverage their time.
  • Kevin's one nugget of advice for success.
  • The power of the Reticular Activating System (RAS) and its relationship with your goals.
  • Finding a mentorship that can lead to achieving your time leveraging goals.
  • The benefits of following through with the advice a mentor provides.
  • The differences between working with a mentor vs. a business coach
  • Building the confidence to delegate. 
  • How performing a time audit can help you assess what tasks need to be delegated.
  • The importance of taking time for self-care.
  • The commonality that people run their business as a technician and not as an entrepreneur.

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "You'll learn more from failure than you do from success." - David DeCelle
  • "You can work because you choose to work, …not because you have to work– Kevin Stansfield
  • "Successful people are good problem solvers because they've solved their problems to get where they are." - David DeCelle

 

Connect with Kevin Stansfield:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Leveraging Retirees' Superpowers with Justin Fitzpatrick31 Oct 202200:29:29

Justin Fitzpatrick is the Co-founder and Chief Innovation Officer of Income Lab, the only provider of software for true, dynamic retirement income plans that help retirees adjust to evolving economic and market conditions. Justin has over 15 years of financial services experience, leading teams in advanced financial planning and portfolio strategy, managing the development of fintech tools, and designing and executing strategies to enter new markets. He served as the Head of Private Wealth and Trust of Jackson from 2008 to 2018, when he co-founded Income Lab. Prior to Jackson, Justin served for seven years in academia, teaching at Harvard University, the University of London, UCLA, and the Massachusetts Institute of Technology, where he also received his Ph.D. in Linguistics.

 

Justin joins me today to discuss retirement income planning and the superpowers of retirees. He explains why he transitioned to financial services and entrepreneurship after working in academia. He breaks down the most significant gap in retirement income planning and how that gap inspired the founding of Income Lab. He also outlines common reasons adjustments are made in a retirement income plan and discusses how the Income Lab software helps advisors provide clients with a realistic view of what retirement could look like.

 

"An advisor who can leverage retirees' superpower to adjust will deliver so much more value and experience than presenting their clients with the idea that they're either going to succeed or fail." - Justin Fitzpatrick

 

This week on The Model FA Podcast:

 

  • Justin's time in academia and his studies in linguistics
  • The huge gap in retirement income planning
  • How Income Lab helps advisors leverage retirees' superpowers
  • Reasons to make adjustments in a retirement plan
  • How advisors can communicate the advantages of Income Lab tech to their clients
  • How Income Lab simulates income risk in retirement
  • Income Lab's integration with other financial planning platforms and CRMs

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Life happens for you—it's up to you to determine why it's happening, how you can shift your perspective, and how you can learn and grow from it." - David DeCelle
  • "Sometimes advisors have great experiences with clients; sometimes, not so much. But if you can stop, reflect, and learn, any scenario you find yourself in can be beneficial." - David DeCelle
  • "Just like in their working years, people In retirement will adjust as things develop—as they learn about what world they're actually living through." - Justin Fitzpatrick

 

Connect with Justin Fitzpatrick:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

The One-Page Financial Plan with Nic Nielsen24 Oct 202200:41:47

Nic Nielsen is a certified financial planner and the Co-founder of Know My Plan, a firm that helps sales executives feel confident and reduce financial anxiety with a one-page financial plan. He is the author of Visual Finance, which shares illustrations of financial planning topics alongside corresponding QR codes to short videos that elaborate upon real-life financial planning applications. Before co-founding Know My Plan, Nic served as Vice President and Financial Advisor for SunTrust Investment Services. He was also a financial advisor for PNC, where he worked for over five years before joining SunTrust. Nic graduated from the University of Saint Francis with a Bachelor of Arts degree in Business Administration.

 

Nic joins me today to discuss the one-page financial plan, its contents, and its impact. He shares what made him transition to the world of finance after initially studying engineering in college and the inspiration behind the one-page financial plan. He explains what his clients think about the one-page financial plan and how content creation on LinkedIn transformed Know My Plan's business. He also highlights how creating content shortens the sales process and underscores the power of simplifying financial plans.

 

"There's no one way to do a financial plan. The best financial plan is the one that somebody can stick to and implement." - Nic Nielsen

 

This week on The Model FA Podcast:

 

  • Nic's background, how he learned about investing, and his beginnings in financial planning
  • Why people transition to the independent financial advisory world
  • The origins and content of the one-page financial plan
  • How clients perceive the one-page financial plan
  • The DIEM process and how creating content transformed Nic's business
  • The value of diversifying content and how often Nic posts on LinkedIn
  • How many leads Nic would get in the early stages of creating content
  • The power of networking on LinkedIn and why salespeople appreciate the one-page financial plan
  • Breaking the feast/famine cycle and how creating content shortens the sales process

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Social media, when executed properly, can really be a Swiss army knife for prospecting, lead flow, adding value, and staying relevant in between your reviews with clients." - David DeCelle
  • "Salespeople are one of the biggest groups of people that will appreciate the simplicity of a one-page financial plan." - David DeCelle
  • "The beauty of marketing is that when you put out to the world what your process is, the people you attract self-select." - Nic Nielsen

 

Connect with Nic Nielsen:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Know Your Financial Advisory Practice's Story through Data with Erica Pauly17 Oct 202200:46:18

Erica Pauly is a data storyteller for financial advisors and the Founder of Track That Advisor, a data analytics company that helps financial advisors bring clarity to company statistics. Before founding Track That Advisor, Erica worked as the Office Operations Manager and Marketing Director for GrowSecure Inc. Insurance and Financial Services and as the Marketing and Office Manager for the Layman Lewis Financial Group. As a data analyst and storyteller, Erica's unique perspective and approach to data storytelling bring a fresh perspective and holistic view to financial advisory practices across the nation. 

 

Erica joins me today to discuss the power of tracking various metrics in your financial advisory practice. She outlines the top activities financial advisors should track in their practice and shares her recommendations on costs-per-client, close rates, and average case sizes. She describes the data analytics and storytelling process and explains how Track That Advisor fills in the gap between data gathering and data analytics. She also debunks common misconceptions about data tracking and analytics and discusses the first steps financial advisors can take to start tracking their data.

 

"Advisors are salespeople, but owning an advisory practice means you need to put on a CEO hat—and that's where good data and reporting can help." - Erica Pauly

 

This week on The Model FA Podcast:

 

  • Erica's background and her journey to data analytics and founding Track That Advisor
  • Model FA's energy audit and the power of making data-informed decisions
  • Creating a constellation of data points and the top five activities or metrics to track in an advisory practice
  • The value of tracking your practice's close rate and average case size
  • Erica's recommended benchmark for costs-per-client and ROIs
  • Why new financial advisors need to focus on referrals and building relationships with centers of influence
  • Why ROIs could be a false summit
  • Debunking myths around tracking metrics and data analytics
  • Building the habit of tracking your business's data and how much time it takes to track data daily

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Anything you can track and measure, you can manage and improve." - David DeCelle
  • "Regardless of your industry or experience, you're not going to close 100% of the people you meet." - David DeCelle
  • "Data analytics shows the picture, but identifying the problems and taking action on them is where the gold is." - Erica Pauly

 

Connect with Erica Pauly:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Thriving as a Young Financial Advisor with James Jurica10 Oct 202200:31:16

James Jurica is the Director of Advisor Development at Wealth Watch Advisors, a discretionary, fee-based money management firm committed to developing and implementing financial strategies to meet the personal goals of its clients. Within Wealth Watch Advisors, James founded Taggart Wealth Management, in which he serves as the Lead Financial Advisor. Before joining Wealth Watch Advisors, James worked as a development manager at New York Life Insurance Company, where he started his career in the financial services industry as an agent. James holds a Bachelor's degree in Psychology from The University of Texas at San Antonio.

 

James joins me today to discuss how financial advisors can thrive in the independent space. He describes his transition from studying psychology in college to working in the financial services industry. He explains how he began his journey in the independent financial advisory space after working with New York Life Insurance Company. He also highlights the value of differentiating yourself as a financial advisor and offers advice to young people who want to work in the financial services industry after graduating from college.

 

"Seeing the unique ways you can work with your clients, as well as the solutions and planning opportunities in the RIA space, was extremely eye-opening; I knew it was going to be where I'd spend the rest of my career." - James Jurica

 

This week on The Model FA Podcast:

 

  • James' background and how he began his career in the financial services industry
  • How having mentors helped James manage the struggles of starting a career in financial services
  • Common issues and challenges new financial advisors face
  • What encouraged James to explore the independent financial advisory space
  • James' advice to young people who want to get started in the independent financial advisory industry after studying in college
  • His role as Director of Advisor Development at Wealth Watch Advisors and how it's different from his previous experiences
  • Building relationships and the value of staying relevant to your prospects' lives
  • James' vision for the future of his financial advisory practice

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Having the appropriate mentors that can communicate their intentions for staying on top of you could be instrumental to people's success." - David DeCelle
  • "Advisors who have been in the business for over 20 years are still learning; you've got to speed up your learning curve by having conversations with different types of personalities." - David DeCelle
  • "Ask for referrals and have your centers of influence. If you focus on building a database of names, marketing to and cultivating it for years, you may never need to prospect ever again." - James Jurica

 

Connect with James Jurica:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Finding the Right Investment Partner with Eric Stein02 Jul 202400:40:23

In this episode of the Model FA Podcast, David DeCelle is joined by Eric Stein to discuss the role of fractional CIOs in supporting financial advisors, and how it is different from traditional TAMP solutions. Eric highlights the importance of having a dedicated investment professional to help advisors navigate the ever-changing landscape of our industry. This episode emphasizes the importance of customized investment solutions and outsourcing investment management for financial advisors, highlighting the advantages of adding depth to a firm, providing more resources, and increasing client confidence.

 

This week on The Model FA Podcast:

Eric Stein's career path from college to asset management firm. 

Career paths, subway experiences, and meeting business partner Mario Nardone.

Customized investment solutions for financial advisors.

Outsourcing investment management to a third-party CIO.

Investment management for smaller firms.

CMO and OSA roles for financial advisors.

 

Connect with Eric:

 

Website: https://www.eastbayis.com

Email: eric@eastbayis.com

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

 

Creating a Culture of Service with Natalie Wolfsen04 Oct 202200:47:39

Natalie Wolfsen is the CEO of AssetMark, a WealthTech platform that empowers independent financial advisors to deliver impactful investor outcomes and grow their practices. As CEO of AssetMark, Natalie is focused on leading the company's strategic vision, which encompasses its platform of curated investment and tech solutions, business consulting and operations support, and strategic acquisitions. Before joining AssetMark, Natalie served in several leadership roles, including Head of Marketing for First Eagle Investment Management and Head of Product Management and Development for Pershing. Natalie earned her Bachelor of Arts degree from the University of California, Berkeley, and her Master of Business Administration from UCLA's Anderson School of Management.

 

Natalie joins me today to discuss how financial advisors can ensure that service is at the heart of everything they do in their practice. She explains how advisors can maintain deep and meaningful relationships with their clients during unstable market conditions. She outlines the different growth paths financial advisors can follow to take the next step in their careers and offers advice on being a senior leader in an organization. Natalie also describes the financial behaviors of different generations of investors and underscores why communication is essential to a financial advisor's success.

 

"Service is a choice—you choose to invest in it, you choose to be client-focused, and you have to be investing and improving all the time. A client culture means a service culture" - Natalie Wolfsen

 

This week on The Model FA Podcast:

 

  • Natalie's background and her journey to becoming the CEO of AssetMark
  • How to thrive in a senior leadership role
  • Why knowing a broad range of topics is essential to being a leader
  • Finding career opportunities and how to not let fear get in the way
  • How to help clients stay the course and reach their goals during a turbulent market environment
  • AssetMark's volatility toolkit
  • The importance of communicating with clients during a bad market condition
  • Specialization and other multiple growth paths for financial advisors
  • How AssetMark is helping independent financial advisors thrive in a mass of players around them.
  • Model FA's Energy Audit and what a client-focused service model looks like
  • The feedback marketing methodology and what it means to have a "client culture"
  • Servicing the emerging generation of investors
  • Understanding the fears and behaviors of different generations of investors

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "A lot of the problems advisors face could be solved by just being a good human." - David DeCelle
  • "Your business becomes more valuable if you're working with multiple generations—especially with younger investors who are in the accumulation stage." - David DeCelle
  • "It feels great to be an expert in one thing; but it's hard to take that to the next level, because you need to lead people and teams that do more than that, and your perspective needs to be a lot broader." - Natalie Wolfsen

 

Connect with Natalia Wolfsen:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Building Legacies Beyond Finances with Blake Brewer26 Sep 202200:40:36

Blake Brewer is the founder of the Legacy Letter Challenge, which helps parents create a lasting legacy beyond finances for their children and partners with financial advisors to help them become trusted partners in their clients' lives. Blake has created a 10-step online program in the Legacy Letter Challenge to help parents create well-written, meaningful, and lasting letters that their children will cherish. Before founding the Legacy Letter Challenge, he worked for over 12 years as a campus director for the non-profit, Student Mobilization. Blake holds a Bachelor's degree in Accounting from the University of Arkansas.

 

Blake joins us today to share how his father inspired him to help parents create legacies for their children. He discusses the power of words and writing letters and explains how he helps financial advisors become trusted partners in their clients' lives. He also highlights the importance of writing Legacy Letters and describes how it's impacting parents and their children.

 

"We want to help our clients to have more than financial legacies. We want to help them pass down their virtues and invest in their children." - Blake Brewer

 

This week on The Model FA Podcast:

 

  • Blake's story and why he's passionate about helping parents create legacies for their children
  • The impact of having really good life insurance
  • The value of having a trusted financial advisor in your life
  • How the Legacy Letter Challenge has helped financial advisors
  • How the Legacy Letter Challenge program works for families and their financial advisors
  • The best time to give a Legacy Letter to children

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Sometimes, I'm not the best with spoken words. I always buy a blank card and write, because it's difficult to articulate at the moment—and you can articulate your message differently or better in writing." - Davi DeCelle
  • "The Legacy Letter's impact on families is priceless and invaluable." - David DeCelle
  • "Your children will have decisions they'll get through. You'll want your words to influence them and have that deeper relationship—your words can provide the confidence they need to do well." - Blake Brewer

 

Connect with Blake Brewer:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

The Three Pillars of Success with Dom Henderson12 Sep 202200:41:14

Dom Henderson is a coach, speaker, and certified financial planner. He is the founder of DJH Capital Management, a fee-only wealth management firm that focuses on helping individuals make bigger and better decisions with their money. He is also the founder of the Jumpstart Coaching Lab, a coaching firm that's educating the next generation of financial professionals to serve the growing group of individuals seeking financial advice. In addition to his work at DJH Capital Management and Jumpstart Coaching Lab, Dom is the author of Assess, Address, & Adjust and the host of the Conversations for Financial Professionals podcast.

 

Dom joins us today to reveal the three pillars of success. He explains how video content has impacted his business and offers advice to financial advisors who are hesitant about creating content to support their business. He discusses why we need to have a framework to work with when pursuing success and why we have to fall in love with the process of becoming. Dom also highlights the importance of having a system to keep ourselves accountable and underscores the value of having people who continue to push us.

 

"Perspective, program, and process: you have to put those three things in place so you can have a successful journey to wherever you're going." - Dom Henderson

 

This week on The Model FA Podcast:

 

  • What inspired Dom to help individuals become better financial advisors
  • How creating video content on YouTube has impacted Dom's wealth management business
  • The importance of having frameworks for success
  • The value of perspective and changing our mindsets
  • Why we need to let go of our need for retribution
  • Finding a personal and professional program to be the best version of ourselves
  • The importance of structuring a powerful morning routine
  • The power of having accountability partners and telling others our goals

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Comparing someone's chapter 10 to your chapter one prevents you from starting." - David DeCelle
  • "We operate best when we have some sort of structure in our lives, but sometimes you have to switch up the routines within that structure." - David DeCelle
  • "There's this large portion of your hidden self that has unlimited potential that can be revealed not through introspection, but by lending yourself to accountability." - Dom Henderson

 

Connect with Dom Henderson:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Practice Management for Financial Advisors with Cameo Roberson05 Sep 202200:47:12

Cameo Roberson is a business coach and operations strategist who specializes in helping financial advisory firms avoid business management overwhelm, implement systems, and build high-performing six-figure practices. Throughout her career, Cameo has worked with leadership teams and managed over 100 client relationships. She is the founder of Atla Park Consulting, a business coaching and practice management agency that performs operational makeovers for financial advisory businesses.

 

Cameo joins me today to discuss the relationship between establishing a vision for your advisory firm and the success of your practice management. She describes her background and how she became passionate about improving business operations for RIAs. She explains why some advisors are not comfortable asking for referrals and shares how getting clear on ideal client avatars can help you get introductions. Cameo also highlights how advisors can look to other RIA firms for success inspiration and outlines tips on documenting standard operating procedures for your business.

 

"When considering practice management, look at your practice in different buckets: business strategy and planning, business development, operations optimization, technology, and people." - Cameo Roberson

 

This week on The Model FA Podcast:

 

  • Cameo's background and how she got started in the RIA industry
  • Why building a clear vision for your firm is essential to creating a strong practice management
  • Crafting a vision for your advisory firm and a roadmap to your business goals
  • The components of a revenue roadmap
  • The importance of being crystal clear on your ideal client avatars
  • How to make your advisory business more efficient and autonomous
  • Tackling large projects in your business and avoiding overwhelm
  • Establishing and documenting standard operating procedures for your business
  • What financial advisors should and shouldn't automate in their advisory firms

 

Resources Mentioned:

 

 

Our Favorite Quotes:

 

  • "Whether you're serving 12 families or 1,200 families, systems and processes are important." - David DeCelle
  • "People are quick to search for answers on how to run their businesses, but before you can even talk about practice management, you need to figure out what your vision is: what you're building and why you're building it." - David DeCelle
  • "Success leaves clues. You can always check to see what other firms are doing to be successful and use that as inspiration for your own firm." - Cameo Roberson

 

Connect with Cameo Roberson:

 

 

About the Model FA Podcast

 

The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no "gotchas" or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams. 

 

Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered. 

 

Our Team:

President of Model FA, David DeCelle

 

If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

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