Rethink. Financial Advice

“There are some things that money can’t buy”. Is marketing success one of those things?

In this episode, Adam Holt & Derek Notman invite Megan Carpenter, CEO & Co-Founder of FiComm Partners into the Rethink tank. Megan discusses what the future of marketing could look like. Along with the importance of establishing a target market. 

Megan discusses:

• Why you can’t buy long term marketing success
• The importance of finding your niche market
• Her unique perspective on the advice market
• Why marketing is the primary driver for organic growth
• And more

Resources:

• Follow RethinkFA on LinkedIn
• Episode 9: Rethink: Advisor, Adviser or Advicer – featuring Michael Kitces
• Episode 20: The Risk of Advisor Complacency Featuring Aaron Klein
• LinkedIn: Derek Notman
• LinkedIn: Adam Holt

Connect with Megan Carpenter:

• LinkedIn: Megan Carpenter 
• LinkedIn: FiComm Partners
• FiComm Partners
• Twitter: FiComm Partners
• Twitter: Megan Carpenter
• Facebook: FiComm Partners

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Regardless of our profession most of us at some point find ourselves asking the question:

If you could do it all again, what would you do?

In this episode, Adam Holt & Derek Notman chop it up in the Rethink tank by taking questions live from financial advisors on everything from mistakes made to what they would do differently if they re-started their career journey. Raw and unfiltered, don’t miss this fun conversation where you are sure to learn a thing or two.

Adam and Derek discuss:

• The importance of building an online brand
• Putting time and money into improving your business 
• The understanding of who your brand and ideal clients are
• How pivoting to a remote work model improves productivity
• And more

Resources:

•  Follow RethinkFA on LinkedIn

Connect With Adam Holt:

• Schedule an Asset-Map Demo
• [email protected] 
• 888-664-8850
• Asset-Map 
• LinkedIn: Adam Holt
• LinkedIn: Asset-Map
• Facebook: Asset-Map
• Twitter: Asset_Map
• YouTube: Asset-Map 

Connect With Derek Notman:

• Schedule a Call with Derek
• Conneqtor
• LinkedIn: Derek Notman
• LinkedIn: Conneqtor 
• Twitter: Derek Notman

Hosted on Acast. See acast.com/privacy for more information.

Does timing matter when it comes to giving advice? So much of our lives are defined by age and time-related milestones. However, it would seem a lot of advisors aren’t as focused on being proactive when it comes to providing financial advice to their clients as we would like or expect. Some guidance is more relevant to times-of-life (think retirement, or college, or having a family), whereas others are driven by tax or legal deadlines.  

In this episode, Adam Holt and Derek Notman are joined by Philipp Hecker, CEO of Bento Engine & Dr. Meg Lurtz, Ph.D. in Personal Financial Planning. They discuss the importance of being proactive in providing clients with financial advice. 

Meg & Philipp discusses:

• Being proactive with the timing of advice
• Why more advisors are focused on leading with advice than selling products 
• The Jerry Maguire standard of care for clients
• And More!

Connect With Philipp Hecker:

• Linkedin: Philipp Hecker
• Linkedin: Bento Engine
• Twitter: Bento Engine
• Bento Engine

Connect With Dr. Meg Lurtz:

• LinkedIn: Dr. Meg Lurtz
• [email protected]
• Kitces.com
• Twitter

Connect With Adam Holt:

• Schedule an Asset-Map Demo
• [email protected] 
• Asset-Map 
• LinkedIn: Adam Holt
• LinkedIn: Asset-Map
• Facebook: Asset-Map
• Twitter: Asset_Map

Connect With Derek Notman:

• Schedule a Call with Derek
• Conneqtor
• LinkedIn: Derek Notman
• LinkedIn: Conneqtor 
• Twitter: Derek Notman
• Facebook: Conneqtor 

YouTube: Derek Notman 

Hosted on Acast. See acast.com/privacy for more information.

Are you a fake Fiduciary? The word “fiduciary” is thrown around a lot, but are advisors who use it, truly acting as fiduciaries or just marketing it? In this episode, Adam and Derek are joined by Tom Hegna. One of the most prolific industry speakers, Tom is considered by many an expert in Retirement Income and Security common sense! He sheds some light on the irony of the current attitudes towards “fiduciary” and sees a huge hole in most professionals' stories.

Tom discusses:

• Where the financial service market is currently at
• Why Fake Fiduciaries don’t look out for their client’s best interest
• Addresses why advisors survive less than 5 years in the insurance industry
• The Importance of knowing the product you’re promoting at the right time
• And More!

Resources:

• Paychecks and Playchecks: Retirement Solutions for Life
• Retirement Income Masters: Secrets of the Pros
• Paycheques and Playcheques: Retirement Solutions for Canadians
• Don’t Worry, Retire Happy! Seven Steps to Retirement Security
• Don’t Worry, Retire Happy! Seven Steps to Retirement Security for Canadians

Connect With Tom Hegna:

• Linkedin: Tom Hegna
• Linkedin: TomHegna.com
• Twitter: Tom Hegna
• tomhegna.com

Connect With Adam Holt:

• Asset-Map 
• LinkedIn: Adam Holt
• LinkedIn: Asset-Map
• Facebook: Asset-Map
• Twitter: Asset_Map

Connect With Derek Notman:

• Conneqtor
• LinkedIn: Derek Notman
• LinkedIn: Conneqtor 
• Twitter: Derek Notman

About Our Guest:

Tom is an economist, author, and retirement expert. He has been an incredibly popular industry speaker for many years and is considered by many to be THE Retirement Income Expert!

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Today’s fintech solutions are improving financial professional productivity by rethinking how they integrate technology available. And yet, advisors are telling us that they’re using legacy tools that are 5, 10 and 20 years old. Consider how this complacency is going to snowball as we move into digital-first consumer expectations.  In this episode, Adam & Derek welcome Aaron Klein into the Rethink tank. Aaron Klein is the CEO and cofounder of Nitrogen, formally known as Riskalyze, a company that invented the Risk Number®. Aaron has incredible experience solving problems before they are broken. We hear from Aaron on his perspective of the commitment to human advisors and their adoption of tech that really works in their practices.  

Aaron discusses:

• The only strategy where human advisors beat robo advisors
• The importance of discussing risk with new and current clients
• The importance of finding the right tech, not all the tech
• The number of important insights that are only one-tech integration away
• And more

Resources:

• Follow RethinkFA on LinkedIn

Connect With Aaron Klein:

• Linkedin: Aaron Klein
• Linkedin: Riskalyze
• Twitter: Aaron Klein
• Twitter: Riskalyze
• Riskalyze

Connect With Adam Holt:

• Schedule an Asset-Map Demo
• Asset-Map 
• LinkedIn: Adam Holt
• LinkedIn: Asset-Map
• Facebook: Asset-Map
• Twitter: Asset_Map

Connect With Derek Notman:

• Schedule a Call with Derek
• Conneqtor
• LinkedIn: Derek Notman
• LinkedIn: Conneqtor 
• Twitter: Derek Notman

About Our Guest:

He is husband to Cacey Steward Klein, and dad to Spencer (born in South Korea), and Emma and Teddy (born in Ethiopia). Aaron and Cacey cofounded Hope Takes Root, an initiative to use vocational training and life mentoring to change the future for orphans and at-risk kids in Ethiopia. Previously, Aaron was elected as a Sierra College Trustee three times and served from 2004-2016. He consistently gives his PR people heart attacks by tweeting at @AaronKlein.

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A digital tsunami is coming. This is your warning! 

The major changes that are coming to the financial (digital) advisor are going to be disruptive in ways we've never seen before.

Adam Holt & Derek Notman welcome Jason Wenk, CEO and founder of Altruist, into the Rethink Tank to discuss the technology revolution and its inevitable impact on the financial advice market. 

Adam, Derek, and Jason discuss:

• The inevitability of a digital revolution in the financial advice industry
• How to navigate the transfer of wealth to the next generation
• What it will mean to reinvent and spin up the flywheel, Amazon style. 
• Transparency and putting prices on your website
• And more

Resources:

•  Follow RethinkFA on LinkedIn

Connect With Jason:

• Linkedin: Jason Wenk
• Altruist

Connect With Adam Holt:

• Schedule an Asset-Map Demo
• Asset-Map 
• LinkedIn: Adam Holt
• LinkedIn: Asset-Map
• Facebook: Asset-Map
• Twitter: Asset_Map
• YouTube: Asset-Map 

Connect With Derek Notman:

• Schedule a Call with Derek
• Conneqtor
• LinkedIn: Derek Notman
• LinkedIn: Conneqtor 
• Twitter: Derek Notman
• Twitter: Conneqtor
• Facebook: Conneqtor 
• YouTube: Derek Notman 

About Our Guest:

Jason Wenk is a serial entrepreneur, fin-tech executive, writer, math geek, financial advisor (RIA), and investment systems developer. He is the founder of Altruist, the first fully-integrated digital brokerage platform for financial advisors, and FormulaFolios, a quantitative investment research firm. 

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As a financial advisor, does the number of followers you have on social media matter?

Well, if you’re trying to grow your advising business, the more people who hear your authentic voice the better, right? And, when it comes to social media, the growth potential is truly unlimited. 

But how do you start to build a following? What about compliance? 

In this episode, Adam Holt & Derek Notman are joined by Devin Banerjee in the Rethink Tank. Devin is the Editor at Large for business and finance at Linkedin. Together, they Rethink why having a following is so important for financial advisors and how you can start to build a following. 

Devin discusses:

• The ability of technology to elevate human service
• The three major trends impacting the financial advisor market today
• The ABCDE framework for content creation
• Getting your authentic voice out there collaboratively with compliance
• And more

Resources:

• Follow RethinkFA on LinkedIn
• ABCDEF youtube music video by GAYLE 
• Holderness Family Authentic VLOG

Connect With Devin Banerjee

• Linkedin: Devin Banerjee 
• This Week in Finance by Devin Banerjee
• Human Capital by Devin Banerjee

Connect With Adam Holt:

• Asset-Map 
• LinkedIn: Adam Holt
• LinkedIn: Asset-Map
• Facebook: Asset-Map
• Twitter: Asset_Map
• YouTube: Asset-Map 
• Schedule an Asset-Map Demo

Connect With Derek Notman:

• Conneqtor
• LinkedIn: Derek Notman
• LinkedIn: Conneqtor 
• Twitter: Derek Notman
• Twitter: Conneqtor
• Facebook: Conneqtor 
• YouTube: Derek Notman 

Hosted on Acast. See acast.com/privacy for more information.

Market-centric advisory practices are unsustainable. Developing a customer-centric model is therefore imperative to ensure long-term business sustainability.

In this episode, Adam Holt & Derek Notman rethink what it means to run a sustainable advisory practice. Adam and Derek bring Joe Jordan into the Rethink tank to share his profound vignette phrases and wealth of experience in the power of attitude and perspective in delivering financial guidance.

Joe Jordan discusses:

• The power in taking a client-centric approach
• The advisor evolution from a sales culture to a service culture
• The importance of taking a story-first approach in advising
• The value in helping your clients find vocation in retirement
• And more

Resources:

• Follow RethinkFA on LinkedIn
• Joseph Jordan Stories (as mentioned in the Pod)

Connect With Joe Jordan:

• Linkedin: Joe Jordan 

Connect With Adam Holt:

• [email protected]
• 888-664-8850
• Asset-Map 
• LinkedIn: Adam Holt
• LinkedIn: Asset-Map
• Facebook: Asset-Map
• Twitter: Asset_Map
• YouTube: Asset-Map 
• Schedule an Asset-Map Demo

Connect With Derek Notman:

• Conneqtor
• LinkedIn: Derek Notman
• LinkedIn: Conneqtor 
• Twitter: Derek Notman
• Twitter: Conneqtor
• Facebook: Conneqtor 
• YouTube: Derek Notman 
• Schedule a Call with Derek

About Our Guest:

Joe Jordan, inspirational speaker, and behavioral finance expert is the author of the award-winning book Living a Life of Significance (Acanthus Publishing, 2013). Formerly, Joe ran insurance sales at Paine Webber and more recently was a senior vice president at MetLife. He was responsible for retail product development and started their fee-based financial planning program and behavioral finance department. Joe is also a founder of the Insured Retirement Institute and has been featured on the cover of Life Insurance Selling magazine.

Hosted on Acast. See acast.com/privacy for more information.

Is it possible that the biggest influence on investor outcomes is their own behavior? How can advisors quantify and help their clients capitalize on one of the biggest value propositions often unspoken.  Join Adam and Derek as they interview Dr. Daniel Crosby in the Rethink Tank for his unique and frank perspective on where advisors can add more alpha through behavior management.  Dr. Daniel Crosby is the Chief Behavioral Officer at Orion Advisor Solutions, a best-selling author and keynote speaker.

Daniel Crosby discusses:

• How to quantify the value advisors have
• The implications behavior has on financial outcome
• The importance of trust in the financial advisor market 
• How to win by out-competing on the human side of money
• And more

Resources:

• Follow RethinkFA on LinkedIn
• The Behavioral Investor by Daniel Crosby
• Advisors add 2.88% in value, study finds

Connect With Daniel Crosby:

• Linkedin: Daniel Crosby
• Orion Advisors: Daniel Crosby

Connect With Adam Holt:

• [email protected] 
• 888-664-8850
• Asset-Map 
• LinkedIn: Adam Holt
• LinkedIn: Asset-Map
• Facebook: Asset-Map
• Twitter: Asset_Map
• YouTube: Asset-Map 

Connect With Derek Notman:

• Conneqtor
• LinkedIn: Derek Notman
• LinkedIn: Conneqtor 
• Twitter: Derek Notman

About Our Guest:

Daniel Crosby is the Chief Behavioral Officer at Orion Advisor Solutions. In this role, he is responsible for bringing behavioral tools, training, and technology to financial advisors to allow for the practical application of behavioral science. He is a psychologist and behavioral finance expert who applies his study of market psychology to everything from financial production design to advisor-client engagement. Daniel has more than 10 years of experience in the financial services industry and has published a number of bestselling books that serve as guides to building stronger advisor-client engagement with a focus on achieving better outcomes.

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What do Life Planning and Dream of Freedom have to do with being a Fiduciary?  In this episode, Adam & Derek invite George Kinder to talk about the critical mindset of being a client fiduciary. George shares his perspective of how financial advice can help people find meaning, and how it starts with listening. 

George discusses:

• Shares how he views the financial advice market today
• Opportunities that advisors are missing in the financial space
• Actionable steps that advisors can take to use unleash fiduciary mindset
• How we can save the planet! 
• And more

Resources:

•  Follow RethinkFA on LinkedIn

Connect With George Kinder:

• Kinder Institute
• LinkedIn: Kinder Institute 
• Twitter: Kinder Institute
• Free book! @ GeorgeKinder.com
• LinkedIn: George D Kinder
• Twitter: George D Kinder

Hosted on Acast. See acast.com/privacy for more information.