Podcast appearances and mentions of penny phillips

Though the RIA space continues to grow rapidly, the industry is consolidating. Penny Phillips returns to the podcast to explore how financial professionals can prepare their practices for a shifting industry.

Financial professionals can build deeper rapport and connection, and ultimately have happier clients, by leveraging emotional intelligence. Penny Phillips, co-founder and president of Journey Strategic Wealth, shares tips to harness your active listening skills.

Episode 017: The journey to success starts with letting advisors be great advisors. Outsourcing offers a solution for advisors who want to maximize their efficiency and scale their businesses without the burden of running day-to-day operations. By leveraging the support and resources available to them, advisors can build successful businesses, maximize valuation, and ultimately provide the best possible service to their clients. In this episode of Connected, Kyle talks with Penny Phillips, President and Co-Founder of Journey Strategic Wealth. They discuss the need to stop encouraging advisors to be CEOs and instead allow them to focus on being great in their roles. Penny explains that many advisors don't enjoy running the business side of things. She believes advisors can outsource the running of their firms while still owning the business. That allows advisors to maximize their valuation and focus on what they love – providing great advice and building genuine, long-term client relationships. Join us as we discuss: [01:48] - Penny's point about advisors not being encouraged to become CEOs. [04:39] - How to spark young people's interest in becoming financial advisors. [09:01] - Why rainmaker-style advisors are declining. [12:06] - How independent advisors grow their businesses. [14:18] - The benefits of outsourcing the entire business process. [19:59] - How advisors define independence. [21:48] - What sets Journey Strategic Wealth apart from other aggregators. [29:11] - Journey's proactive approach to consulting and coaching advisors. [30:25] - Penny's experience studying in London. [31:34] - What Penny likes best about London. [32:19] - Penny's top destination on her bucket list. Key Takeaways Rather than acting as CEOs, advisors should focus on being great advisors. The industry needs more quality advisors, and models like Journey Strategic Wealth can help retain and attract advisors by providing support in running their businesses. The rainmaker advisor is becoming a dying breed, and firms need to find new ways to grow and develop business. Outsourcing and institutionalizing various aspects of the business can help advisors focus on what they do best and maximize their profitability. Independence should mean owning your data, book of business, and client relationships, not necessarily running every aspect of the business. Quotes "Over the course of my consulting, I found that so many advisors or entrepreneurs, if they're building within a firm, happen to be very good at building a business and inspiring others. But they don't really love running the business." ~ Penny Phillips "We need more advisors. We need quality advisors. We need advisors to stay advising. And so I just love this idea of giving advisors permission to not be the CEO." ~ Penny Phillips "We believe that it's our responsibility not just to offer a core infrastructure, it's to constantly be evolving and updating that infrastructure and getting feedback from our advisors on how it should evolve." ~ Penny Phillips Links  Penny Phillips on LinkedIn Penny Phillips on Twitter  Journey Strategic Wealth Connect with our hosts Milemarker.co Kyle on LinkedIn Jud on LinkedIn Subscribe and stay in touch Apple Podcasts Spotify YouTube Google Podcasts Produce game-changing content with Turncast Turncast helps your company grow by producing top-quality content and fostering transformative conversations. We specialize in content generation, podcasting, digital strategy, and audience growth for fintech and financial services companies. Learn more at Turncast.com.

Many advisors seek to transition their practice to the RIA model by joining an existing RIA offering.With different platform types, value propositions, and economic considerations, how do you choose the one that is the best fit for your practice?On this episode of the Transition To RIA question and answer series, I am joined by Penny Phillips, cofounder of Journey Strategic Wealth, to discuss how to evaluate an RIA to join.We cover not only the variables you'll want to understand and consider, but also how you can expect the due diligence process to play out.Come take a listen!P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.Show notes: https://TransitionToRIA.com/how-do-i-evaluate-a-potential-ria-to-join/About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 20+ years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. The Transition To RIA website (TransitionToRIA.com) has a large catalog of free videos, articles, whitepapers, as well as other resources to help advisors understand the RIA model and how it would apply to their unique circumstances.

Penny Phillips, owner of Thrivos Consulting, returns to the show to discuss practice management. Her first appearance ended up becoming our Episode of the Year, so we are delighted to have more of her insights in this episode.

Penny Phillips, President and Co-Founder of Journey Strategic Wealth, an industry speaker, and an engaging consulting coach, joins me today to discuss firm structure, practice management, and time management as a firm leader. Penny reveals best practices for firm owners when it comes to coaching your team and building successful individuals to become leaders. A thought leader in the space, Penny provides countless insights to what will position your firm for growth.About Penny Phillips: Penny Phillips has spent most of her career coaching and consulting financial advisors and institutions. She is the co-founder and President of Journey Strategic Wealth, a Registered Investment Adviser built for advisors seeking independence and hands-on practice management support.Prior to founding Journey, Penny founded Thrivos Consulting, a practice management coaching company. She has worked in various leadership positions across the financial services industry and has authored multiple practice management training programs focused on helping financial advisors prepare for the next generation of wealth holder.As an industry speaker and workshop facilitator, she has spoken at financial services conferences across the US and Canada. She is a monthly contributor to Wealthmanagement.com and runs an advisor practice management community called The Study Group. Penny was nominated for Thought Leader of the Year at the 2021 Wealth Management Industry Awards. This year she has been nominated for Innovator of the Year by Wealthmanagement.com as well as for the Luminary Award by Think Advisor.On a personal note, Penny has dual certifications in Advanced Behavioral Analysis. She earned dual degrees in Economics and Corporate Finance from The Macaulay Honors College of New York. She was was born and raised in New York City, is of Greek descent and speaks fluent Greek.Follow Us And Find More Content For Financial Advisors and Wealth Management Firms At:www.mattreiner.comYouTubeTwitterLinkedInMentioned in this episode:Benjamin

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:   Book: The Four Agreements: A Practical Guide to Personal Freedom by Don Miguel Ruiz   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:   Journey Strategic Wealth Journey Strategic Wealth on LinkedIn Journey Strategic Wealth on Twitter Penny Phillips on LinkedIn Email: hello@journeysw.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.

Penny shares the importance of active listening, reducing your importance, and overcoming life's obstacles to gain new strengths. Hosted on Acast. See acast.com/privacy for more information.

In this episode, we talk with Penny Phillips, President and Co-Founder of Journey Strategic Wealth.  Penny dives deep into the financial advisor world from what is your X factor, how to prepare your clients for what your vision is, and selling your practice.   She also goes through 1099 and W2 and how the industry could be changing.   She goes into the RIA world and the new vision she is creating inside Journey Strategic Wealth while jumping into the problems with private equity and venture capital coming into the financial advisor space and what to steer clear of.  This was a truly impactful conversation.  Hope you enjoy it! Did this podcast get you to take action in some way? I'd love your thoughts and feedback on this podcast.  I'm always looking to connect with like-minded creative people that are motivated and want to be better!  You can connect to me on LinkedIn at https://www.linkedin.com/in/evanmayer/or feel free to email me at foradvisorsbyadvisors@gmail.com. Follow us on Instagram! @ForAdvisorsByAdvisors and YouTube For Advisors By Advisors

Penny Phillips helps financial advisors find new ways to thrive. She has spent most of her career coaching and consulting financial advisors, business owners, and wealth management institutions. She is the co-founder and President of Journey Strategic Wealth, a Registered Investment Adviser built for advisors seeking independence and full-fledged practice management support. And of course, she's an advocate for women's empowerment in financial services. Hearing about Penny's work at Journey was truly fascinating. We covered: The decision to go independent How to spend more time on money-making activities Running your business under Journey Acting proactively in your business The benefits of being W2 Check out Amanda on social media! Connect with Penny Phillips Websites: https://journeyswadvisor.com/who-we-are/penny-phillips/ LinkedIn: https://www.linkedin.com/in/pennyaphillips/ Twitter: https://twitter.com/ThrivosLLC YouTube: https://www.youtube.com/channel/UCWVDdtyWwj61yKLm0unERjw Connect with Robyn Crane Website: https://robyncrane.com/ Facebook: https://www.facebook.com/bizgrowth4women/ LinkedIn: https://www.linkedin.com/company/robyn-crane-inc./ YouTube: https://www.youtube.com/c/RobynCrane Instagram: https://www.instagram.com/robyncrane/?hl=en Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's episode Greg and Colin interview Penny Phillips. Penny is a repeat guest to the show and is the founder of Journey Strategic Wealth. Penny shares with us her insight on how people should work with their financial professional in todays day and age. Listen in to find out more.

Penny Phillips, Co-Founder and President  of Journey Strategic Wealth, has an extensive career as a coach and consultant for advisors. She is well-versed in a handful of industry trends and brings her perspective to today's show. We cover:Penny's early career as a wholesaler Coaching, and why wholesalers and advisors need to have it as a skillsetWealth Management vs. Investment Management - transitioning away from a product-driven world towards servicesFintech & AI in wealth management Building a firm culture as a Founder of an RIAhttps://journeyswadvisor.com/who-we-are/penny-phillips/https://www.linkedin.com/in/pennyaphillips/Practice Management with Penny

Brent chats with Penny Phillips about how she is building the modern registered investment advisory firm, what it takes to prioritize clients, and how advisorsContinue reading

Brent chats with Penny Phillips about how she is building the modern registered investment advisory firm, what it takes to prioritize clients, and how advisors can connect with clients. They also rib lawyers and laugh about common excuses to stay off social media. Penny Phillips has spent most of her career coaching and consulting financial advisors, business owners and wealth management institutions. She is the co-founder and President of Journey Strategic Wealth, a Registered Investment Adviser built for advisors seeking independence and full-fledged practice management support. Prior to founding Journey, Penny ran a consulting and coaching firm called Thrivos Consulting, and prior to that worked in various leadership positions across the financial services industry. She has authored multiple practice management training programs focused on helping financial advisors prepare for the next generation of wealth holder and has coached hundreds of financial advisors. As an industry speaker, she has spoken at financial services conferences across the US and Canada. She currently runs a weekly YouTube series called “Practice Management with Penny” available at https://www.youtube.com/channel/UCWVDdtyWwj61yKLm0unERjw. Penny can be found and contacted here https://journeyswadvisor.com/who-we-are/penny-phillips/ and on Twitter @ThrivosLLC. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent go to https://wealthandlaw.com/team/.

The guest for this episode is Penny Phillips, the co-founder of Journey Strategic Wealth, a Registered Investment Adviser for advisors. She's also the founder of Thrivos Consulting, where she coached and consulted financial advisors. I invited Penny because of her ideas about wealth building that she's been sharing on Twitter and YouTube. On this episode, we talked about her journey, personal values, building a career in finance, coaching people who were older than her, and many more topics. Follow her on Twitter: https://twitter.com/ThrivosLLC Read more about her bio: https://journeyswadvisor.com/who-we-are/penny-phillips/ Thanks for listening! I've put together 6 resources with proven tips for optimizing your life and work. It's free for my newsletter subscribers. Get your free Growth Kit here: dariusforoux.com/growth-kit Timestamps: 00:12 - Introducing Penny Phillips 01:33 - Her backstory 07:00 - Family values to be successful 12:35 - Age discrimination 18:11 - What success feels like (Visualization) 20:44 - Finding balance 21:10 - Do not compare yourself to others 21:25 - The Paradox of Happiness: Why Desiring More Makes Us Miserable 23:06 - From being in the corporate world to building a business 33:05 - Work life and personal life 39:21 - Surround yourself with people who understand you 40:50 - Perception is reality 43:25 - Be your own hype person 45:42 - Geraldine Wise, the first successful woman on Wall Street 52:24 - Penny on building her first business 57:19 - Rely on things you know to be true 59:55 - Consulting vs coaching 1:04:02 - The role of behavioral change 1:04:33 - What financial advisors do 1:09:25 - The best way to learn as a financial adviser

Penny Phillips is the President and Co-Founder of Journey Strategic Wealth, an independent RIA platform for advisors to outsource their back-office compliance and operations management. Through the firms they work with, Journey Strategic Wealth oversees $3 billion in assets and offers their advisors the ability to lean into already-built processes so they can scale their own time and productivity in order to focus on the client work they enjoy. Listen in as Penny shares her journey through the advisor industry, from coaching advisors who were transitioning from insurance to financial advice, to launching her advisor platform in the middle of a pandemic. We also discuss the challenges that firms face building structures and centralizing operations (even with all the technology advancements in the industry), how Journey Strategic Wealth gives advisors the flexibility to choose how much plug-and-play support they need, and why making unpopular decisions often comes with the territory when leading a growing business. For show notes and more visit: https://www.kitces.com/273

For the last decade, strong equity markets have powered a substantial amount of growth for tens of thousands of financial advisors. A handful of firms, however, have “cracked the code” and created blueprints for driving strategic growth for their firms that will extend well beyond this prolonged bull market.  In this episode of RIA Edge, … Continue reading Grow by Design, Not by Default: Journey's Penny Phillips →

On this episode of Shaping Change, Ross Marino interviews Penny Phillips, Co-Founder & President of Journey Strategic Wealth. They discuss how to help advisors manage change, finding the balance between low-cost and high-value, and the importance of utilizing CRMs and other advisor tools to provide top tier client service.Learn more about Journey Strategic Wealth.Follow Penny Phillips & Journey Strategic Wealth on Social:Penny Phillips LinkedInJSW LinkedInPenny Phillips TwitterGet your copy of "Shaping Change"Connect With A2X Social:FacebookLinkedInInstagramTwitterLearn More About Advisor2X©Advisor2X. All Rights Reserved.

In the debut episode of our new guest show, Featuring, Manish Khatta and Christopher Norton are joined by President and Co-Founder of Thrivos Consulting, Penny Phillips, to discuss the role social media has played in finding her voice, building her brand, and scaling her network.In this episode of Featuring, we explore:· Building an authentic brand with social media· Discovering your differentiator· Ignoring the industry bullsh*t· The evolution (and myths) of marketing for financial advisorsIf you have any ideas, comments or suggestions please fire them our way. Make sure you subscribe to never miss an update. Listen on AcastSubscribe in Apple PodcastsLearn more about Potomac Fund Management: https://potomacfund.com/Read our blog: https://blog.potomacfund.com/Disclosure: http://bit.ly/2l3OvaL See acast.com/privacy for privacy and opt-out information.

- As someone who works in practice management and as a trainer, how does Penny get advisors to embrace the power of practice management when there are plenty of advisors who are financially successful who are violating all the best practices?- If Penny created her own top 25 advisor list, what criteria would she choose to decide who belongs on that list?- What are some practical means of gaining psychographic insights into clients' and is there a framework one can use when thinking about clients' psychology?- Have the psychographics of the average client changed over the past 18 months? How have they shifted if so?- In a sea of 300,000 advisors, what are some pragmatic ways you can stand out from that pack?- What is Penny's spiciest take on how the industry will change in the coming years?- People really struggle to confront their own mortality. With such a great psychological hurdle at the crux of the conversation, how do you get anyone to plan for succession?https://www.youtube.com/channel/UCWVDdtyWwj61yKLm0unERjwCompliance Code: 2643-OAS-10/13/2021

Penny is the President & Co-Founder at Journey Strategic Wealth, and coaches financial advisers in every aspect of their growth. She and Louis talk about allowing advisers to reach their full potential by empowering them to own their own development. Penny Phillips LinkedIn:  https://www.linkedin.com/in/pennyaphillips/ Journey Strategic Wealth Website:  https://journeyswadvisor.com/ For more information on PortfolioMetrix reach out to our team or follow us on LinkedIn. https://www.portfoliometrix.com/za/ Asset-Map. Deliver advice, faster. https://www.asset-map.com/south-africa Visit https://www.allangray.co.za/ to learn how we build long-term wealth for clients. Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Steven's guest today is Penny Phillips of the national RIA firm, Journey Strategic Wealth. Journey began as a team of independent RIAs. At that time, a new financial advisor's options were either joining a pre-established firm or going into business 100% solo. Penny and her partners sought to offer a middle ground.

Today’s episode of In The Suite with Penny Phillips is all about being your authentic self. Since her Twitter bio says it best, Penny is President and Co-Founder of Journey Strategic Wealth; she’s an industry consultant and speaker who emphasizes real talk to combat all the b.s. in this industry. As a lifelong New Yorker and Greek-American, Penny is the perfect example of the enchanting melting pot of the United States.She is President and Co-Founder at Journey Strategic Wealth, an RIA for advisors seeking independence and full fledged practice management support. Penny is Founder of Thrivos Consulting and has been a board Board Member of the Macaulay Honors College Foundation Board since 2019. Before Thrivos, she spent nearly 6 years at New York Life as Corporate Vice President in the practice management division and she also worked at Envestnet.If this year has taught us anything, it’s that we need continuous support to run our businesses. Penny has been in the practice management space for a long time. She has seen the struggles and the challenges that can evolve advisors from a modern perspective.  In this podcast episode, Penny shares the importance of embracing her heritage, how to be your authentic self, and her keys to being fierce within the industry. She also shares how she is assisting others within the industry through her educational weekly discussions on her YouTube Series Practice Management with Penny, Videos on LinkedIn and Twitter.Join the conversation to hear about:Welcome Penny to In the Suite! (01:55)Reframing what practice management means in the RIA space (05:20)How to attract, retain, develop, and mentor talent (08:15)Why social media is vital for advisors and business (11:30)How to evolve your way of thinking (17:00)Penny’s Greek upbringing (21:05)Why Penny launched Thrivos Consulting (23:30)Building a network and coaching roster in a modern world (26:00)Penny’s tip for leaders navigating a virtual workforce (30:20)What events Penny is looking forward to this year (37:50)Why you need to start a YouTube series (40:20)How Penny knew what she wanted to study at university (45:00)You don't have to have a traditional start (48:45)Define success for themselves now and moving forward (51:50)What's your best recommendation for 2021? (55:00)Referenced MaterialsPenny Phillips - TwitterPenny Phillips - YouTube SeriesPenny Phillips - LinkedinIn the Suite Episode 22: How to Own Your Yes and Your Worth with Velera Wilson, Public Speaker and Author of the Book, “You’re Absolutely Worth It”You’re Absolutely Worth It by Valera Wilson on AmazonThe Alchemist by Paul Coelho on AmazonAdvisor Education Overview- A series of marketing and communication workshops delivered virtually, designed for the modern advisor.

In this episode, Dan chats with Penny Phillips from Thrivos Consulting in New York.  Here, that discuss how to launch a business, the biggest challenges that financial planning business owners face, and how to become a leader in your financial planning business. Join our community: https://nextgenplanners.co.uk/join-our-community/ 

On today's episode, Penny Phillips joins the show to discuss hiring, firing, managing different personality types, and multigenerational practices. She also explains why she believes you should only ask for referrals from a quarter of your clients.

Guest host (and FMG Suite Chief Evangelist) Samantha Russell is joined by Penny Phillips, President and Co-Founder of Journey Strategic Wealth and Founder of Thrivos Consulting. Samantha and Penny discuss the number one thing advisors need coaching on, how to make video and social media work for you, and what practice management and marketing tactics the most successful advisors use. These two industry thought leaders cover all the tips financial advisors need to hear right now.   Learn about FMG Suite: https://go.fmgsuite.com/podcast Questions? Contact us at marketing@fmgsuite.com  Thanks for listening! Don’t forget to subscribe and leave us a review.  

Penny Phillips, Founder of Thrivos Consulting and President of Journey Strategic Wealth joins us to discuss how you can improve your brand by changing behavior and marketing yourself to the next generation. I've followed Penny since April of 2020, when at the peak of the Covid-19 pandemic, she took the financial world by storm through her inspiring social media presence and straightforward no nonsense message to Registered Investment Advisors.  To learn more about Penny please visit www.journeysw.com. To learn more about Richard check out www.thinkaen.com. 

Penny Phillips, President and co-Founder of Journey Strategic Wealth, has spent years supporting financial advisors to embrace change and discover new ways to thrive. In this episode, Penny and I discuss old belief systems and structures and how to shed them in order to grow your business. Penny talks about the importance of understanding client psychographics - and what that means, how to lead with curious questions and not make assumptions, how to handle challenging compliance situations and, as the person that introduced me to BombBomb video email which I love, we of course talk about advisors leveraging video in their business.  Links and transcript at https://innovatingadvice.com/post/episode77 Join the IA Community  Join the next Video Creation Masterclass 

In this episode, we sit down with Penny Phillips, co-Founder and President of Journey Strategic Wealth, a new RIA that's reimagining the independent advisor model. This episode does not disappoint - Penny covers everything an advisors should be thinking about before you make the jump to RIA. 

In today's episode Greg and Colin interview Penny Phillips. Penny is the founder of Thrivos Consulting, a practice management firm based in New York City that spends its time working with advisors in Canada and the USA. Penny digs into the evolution of advice, what investors should look for when deciding on a wealth manager, and the importance of trust. So put on a Bunnyhug, grab a pop and some KD and enjoy the show! 

Penny Phillips of Thrivos Consulting joins the show to discuss self awareness, confident, and overall advisor apprehension. Penny Phillips: LinkedIn Please share your thoughts and if you have a suggestion for a compelling guest or to ask a question to be answered on the show, please send us an email: info@mcoadvisors.com

Penny Phillips, Founder of Thrivos Consulting is back on the show and we discuss the mental shifts necessary to succeed as an FA during this ever changing environment. We also talk about how FAs should handle and navigate their marketing given the restrictions put in place by their B/D. Please share your thoughts and if you have a suggestion for a compelling guest or to ask a question to be answered on the show, please send us an email: info@mcoadvisors.com

After a decade of working with financial advisors and institutions on practice management, Penny launched Thrivos Consulting with a vision of building a firm that would transcend the traditional norms of industry consulting. Founded on the belief that in order to thrive one must successfully navigate change, Thrivos offers services designed to support professionals and institutions as they learn to turn industry challenges into opportunities. With a keen ability to connect with professionals across varying demographics, Penny has had success working with clients ranging from top independent advisors seeking support around building a multi-gen team to multi-billion dollar enterprises looking to explore scale and growth opportunities. Penny has worked with countless advisory teams and broker dealers on issues ranging from the integration of next generation talent to succession planning to communication and behavior management. She previously ran a national business-building workshop series for financial advisors. She has authored multiple practice management programs, and has been featured as a keynote speaker at conferences and events for the following firms LPL, Investors Group, Guardian Life, Morgan Stanley, MassMutual, Northwestern Mutual, Prudential, New York Life, Signature Financial Solutions, Flexible Plan Investments, RBC, and Platinum Advisor Strategies.

A tweet by Ryan Shanks regarding the TD Ameritrade and Schwab deal sparked this conversation amongst 6 of us coming from different areas within our profession. In this episode, I'm joined by Penny Phillips, Leighann Miko, Manish Khatta, Jason Wenk, and Ryan Shanks to discuss what might be in store for smaller financial advisors and what options are out there. Bigger isn't always better and "smaller" will survive!

Penny Phillips of Thrivos Consulting came on the LIVE @ LUNCH Show to share her strategies on how to bridge the generational differences on teams today.

Why have some advisory firms grown while others have stalled during the pandemic? In this episode, Laura Gregg and David Partain discuss how advisors are gaining traction in the pandemic with Thrivos Consulting Founder Penny Phillips. Penny shares some timeless advice on prospecting, marketing and the urgent need to embrace change to build trust and … Continue reading Ep 30: How Advisors Are Gaining Traction in the Pandemic – With Penny Phillips →

Penny Phillips of Thrivos Consulting came on the LIVE @ LUNCH Show to share her simple tricks to help advisors focus.

The industry is changing fast. Penny Phillips of Thrivos Consulting comes on The Resilient Advisor Show to share her thoughts on the three types of advisors we will find in the market once the dust settles from this crisis.

Your advisor clients and prospects are deluged with information. Worse, it is information that often they can find online, unaided. So how exactly are you going to become irreplaceable? After a decade of working with financial advisors and institutions on practice management, Penny Phillips launched Thrivos Consulting with a vision of building a firm that would transcend the traditional norms of industry consulting. Founded on the belief that in order to thrive one must successfully navigate change, Thrivos offers services designed to support professionals and institutions as they learn to turn industry challenges into opportunities. With a keen ability to connect with professionals across varying demographics, Penny has had success working with clients ranging from top independent advisors seeking support around building a multi-gen team to multi-billion dollar enterprises looking to explore scale and growth opportunities. To inquire about booking Penny Phillips for your next event through Wholesaler Masterminds Speakers Bureau contact us at info@wholesalermasterminds.com