Conversations for Financial Professionals

Conversations for Financial Professionals

By Dominique Henderson, CFP®BusinessEntrepreneurshipCareers
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Conversations for Financial Professionals episodes

  • How To Impress a Potential Employer and Stand Out

    This originally aired as a video on my YouTube channel which you can watch here: https://youtu.be/lcuy4ooDyaE

    If you want to know how to impress a potential employer and stand out, in this video I'm going to be sharing some tips you can use to help you secure that next job if you're trying to break into the financial services industry.

    1. Do Your Homework. Your potential employer probably has dozens of other equally qualified individuals asking for the same job. If you are granted some "face-time" with them, what's going to make you different?
  • Be professional. Do yourself a favor and use the highest degree of professionalism when interacting. Spruce up anything that will represent you (e.g. email, social profiles, etc.). After all, how can you demonstrate you will respect the job if you don't respect yourself?
  • Be memorable. You hardly ever get a 2nd chance to make a first impression. Make yours count! Instead of just sending a typical email, record and send a video introducing yourself.

    • Thanks for listening.

    For more information on what I'm doing for current and aspiring financial professionals, click here.

    Want to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr).

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    8 min
  • Financial Advisor vs Financial Planner What is the Difference?

    This originally aired as a video on my YouTube channel which you can watch here: https://youtu.be/8E9r7F6m5hU

    The industry hasn't done a good job pointing out the differences in all the different titles, so let's look at the advisor vs planner title...

    1. Inside the industry it's all the same. Advisors can do the same work as planners although the term financial planner connotes a more comprehensive approach than advisor.
  • Your firm type will often dictate what your are called. There are basically 4 channels in this industry as a advisor or planner...that is bank, ria, b/d or hybrid.
  • Your target markets view of you is the most important view to manage and be aware of.

    • Finally, let me say what you call yourself can have little to nothing to do about what people see you as. For example, whenever I go somewhere and someone asks me what do I do, if I say "financial advisor" there is a natural inclination to what they are going to immediately think. Not until we get deeper into the convo (if that happens) can I change their initial thoughts.

    Thanks for listening.

    For more information on what I'm doing for current and aspiring financial professionals, click here.

    Want to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr).

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    8 min
  • Day in the Life of a Financial Advisor: End of the Month Duties
    This originally aired as a video on my YouTube channel which you can watch here: https://youtu.be/GdyfzBBufc8
    If you're listening definitely head over to my YouTube channel to catch the video version of this episode. I take you through what a typical beginning of the month looks like for my financial services practice.
    1. My Morning Routine
  • COO Duties
  • CEO Duties
    • Thanks for listening.

    For more information on what I'm doing for current and aspiring financial professionals, click here.

    Want to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr).

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    10 min
  • How To Become a Certified Financial Planner

    This originally aired as a video on my YouTube channel which you can watch here: https://youtu.be/kxjxmCUiCYk

    The website I'm referencing in this podcast is located here: https://www.cfp.net/become-a-cfp-professional/cfp-certification-requirements

    The path involves following the 4 E's:

    Education (including continuing education).

    • Complete college or university-level coursework through a program registered with CFP Board, addressing the major personal financial planning areas identified by CFP Board’s most recent Job Analysis Study; and
  • Verify that you hold a bachelor’s degree or higher from an accredited college or university (accreditation must be recognized by U.S. Department of Education at the time the degree is awarded).
  • Continuing ed 30 hrs every 2 years

    • Experience

    • CFP® certification indicates to the public your ability to provide financial planning unsupervised, and CFP Board requires you to have 6,000 hours of professional experience related to the financial planning process, or 4,000 hours of Apprenticeship experience that meets additional requirements.
  • You have to understand the 6 Elements of financial planning: https://www.cfp.net/images/default-source/infographics/experience-infographic-web.jpg?sfvrsn=4
    1. Establish and define the relationship: What is the scope?
  • Gather data What info do you need to fulfill the relationship expectations?
  • Evaluate client's financial status How will you analyze where they are?
  • Develop and present recommendations
  • Implement recommendations What needs to happen to carry out recommendations
  • Monitor over time How is success measured?

    • Exam

    • 170 questions administered over two 3 hour sessions (with a 40 minute break). I started studying after my education requirement was complete with a review course in August and then sat for my exam that November.

    Ethics

    • Must adhere to CFP Board's Standards of Professional Conduct and be willing to allow them to enforce them if you don't comply. It's really 3 parts...you have the Code of Ethics, the Rules of Conduct and then the Practice Standards. Basically means to make sure you render all your advice while a CFP in the client's best interest
    Thanks for listening.

    For more information on what I'm doing for current and aspiring financial professionals, click here.

    Want to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr).

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    11 min
  • Best College Classes to Take to Become a Financial Advisor

    This originally aired as a video on my YouTube channel which you can watch here: https://youtu.be/0FbVZ34ZSNw

    When I graduated with my degree in Finance in 1998 there was a certain set of classes that I had to have...but I'm here to give you what I think is the most relevant.

    Keep these things in mind as you navigate your journey to becoming a financial professional...

    1. College is to teach you how to think/learn. Since information is so abundant nowadays you should be using college to ask questions and challenge previously held assumptions. Don't take the easy route by just learning what you need to pass the exam or class.
  • Master the basics. As a financial professional you have to have your basics. So principles of accounting, economics and finance are crucial.
  • Social sciences are huge. This career is becoming more about the softer side as consumers realize they can have their investment choices automated and their budgets crunched. Helping a person understand why those things need to be done and what happens if they're not is the important skill. And for that you need high EQ and to be a good listener.
    • Thanks for listening.

    For more information on what I'm doing for current and aspiring financial professionals, click here.

    Want to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr).

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    10 min
  • Resume Tips for Aspiring Financial Professionals

    This originally aired as a video on my YouTube channel which you can watch here: https://youtu.be/SCV30_Yy3HY

    I've seen my fair share of new hires and interns while working as a financial professional. And although during the last 3 years I've worked as a solo advisor, I've had a lot of people that I've coached to get them to the next level. I want to share what I think is the proper way to position yourself when you prepare your resume...

    1. Nothing beats personal touch. Don't let your resume do all the talking. I use a free video service called Loom that allows me to record a quick video that provides context and can be embedded write into the email you're sending with your resume in it. SET YOURSELF APART.
  • Keep it shorter (vs. longer). This shouldn't be a biography. It needs to highlight in 1-2 sentences how you helped the bottom line of that organization.
  • Highlight only relevant experience. I see LinkedIn profiles with every bit of experience a person has whether it's relevant to the opportunity or not. What is really important to remember is that you are seeking a specific job type at a specific company. Your resume shouldn't then scream "generalist".

    • Thanks for listening.

    For more information on what I'm doing for current and aspiring financial professionals, click here.

    Want to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr).

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    8 min
  • Becoming a CFP - 3 Things to Land That First Job

    This originally aired as a video on my YouTube channel which you can watch here: https://youtu.be/5nGz2VeOYAI

    There are 3 main things you can do to help yourself secure that first job as a financial professional:

    1. Be confident. I know this may be hard before you earn your degree or actually are hired into the profession but you'd be surprised how coming across certain and confident will take you further than you expect.
  • Engage in "deliberate" practice. Practice saying what you're good at and why you would bring value to an organization on your friends, roommates or family. Get in front of the mirror and practice with yourself. Give your opening line that you would say to a prospective recruiter over and over again. Hi my name is Dominique Henderson. I'm currently studying finance at Prairie View A&M University and I'm eager to learn more about the career opportunities you have at ABC firm. Would you mind telling more about [insert job opportunity]?
  • Be Diligent. Follow up. You can't just check the box of attending one function and think that you will win the opportunity. Get a business card, connect on LinkedIN and other social platforms with the representative and follow-up. I'm talking about a setting like a career fair but you can apply this in just about any forum.

    • Thanks for listening.

    For more information on what I'm doing for current and aspiring financial professionals, click here.

    Want to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr).

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    7 min
  • Rants, Reactions, Live Streams and More | Highlights from the Past Month

    In this episode, I cover the highlights and main takeaways from my YouTube channel videos uploaded in July on financial literacy, economic empowerment and personal development.

    Here is what we discussed:

    • Week 1 - How to Recover From Investment Losses
  • Week 2 - You Don't Need A Financial Advisor
  • Week 3 - What's Wrong in the World of Financial Advice
  • Week 4 - How Can a Financial Advisor Steal Your Money💸?
  • Week 4 (BONUS LIVE STREAM)- Debt Free Journey On A Low Income 💳
  • Week 5 - Mindset of Wealthy 🧠 How To Manage Your Money Like the Rich


    • 🗣️ Send me a message. I just might include it in the next podcast episode! https://anchor.fm/dom-the-maven/message

    💬 LET’S CHAT -- I'd love to meet you! Send me an email at: [email protected]

    📲CONNECT WITH ME ON THE WEB - https://djh-capital.com/

    © 2019 DJH Capital Management, LLC. Hosted By: Dominique J. Henderson, Sr., CFP®

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    34 min
  • Podcast Digest for June 2019 | Highlights from the Past Month

    In this episode, I cover the highlights and main takeaways from my YouTube channel videos uploaded in June on financial literacy, economic empowerment and personal development.

    Here is what we discussed:

    • Week 1 - How To Build Wealth
  • Week 2 - Evaluating Portfolio Performance: How to Evaluate Your Portfolio
  • Week 3 - How Much Does the Average American Make and Spend
  • Week 4 - Entrepreneur Wife Life 🤦🏽 3 Valuable Takeaways UNCENSORED

    • 🗣️ Send me a message. I just might include it in the next podcast episode! https://anchor.fm/dom-the-maven/message

    💬 LET’S CHAT -- I'd love to meet you! Send me an email at: [email protected]

    📲CONNECT WITH ME ON THE WEB - https://djh-capital.com/

    © 2019 DJH Capital Management, LLC. Hosted By: Dominique J. Henderson, Sr., CFP®

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    28 min
  • Podcast Digest for May 2019 | Highlights from the Past Month

    In this episode, I cover the highlights and main takeaways from my YouTube channel videos uploaded in May on financial literacy, economic empowerment and personal development.

    Here is what we discussed:

    • Honeydue App Review What is Honeydue and How Does It Work
  • Why I Became a Financial Advisor: LIVE and UNSCRIPTED!
  • How To Make Money While in College
  • How Much Money Should I Be Saving 💲
  • Budget for Small Business How To Do Your Numbers

    • 🗣️ Send me a message. I just might include it in the next podcast episode! https://anchor.fm/dom-the-maven/message

    💬 LET’S CHAT -- I'd love to meet you! Send me an email at: [email protected]

    📲CONNECT WITH ME ON THE WEB - https://djh-capital.com/

    © 2019 DJH Capital Management, LLC. Hosted By: Dominique J. Henderson, Sr., CFP®

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    Send in a voice message: https://anchor.fm/dom-the-maven/message
    28 min

About Conversations for Financial Professionals

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A Podcast shaping the next generation of financial advice!