Podcasts about xy planning network

I'm excited to welcome Valerie Rivera on the podcast today. She is the founder of First Gen Wealth, an RIA specializing in no shame, no judgement financial advice for First Gen wealth builders in their 30s and 40s. I invited Valerie on the podcast to help share her story of overcoming lots of barriers including race, family of origin, education, class, financial safety net, and much more. I love her transparency in sharing each stage of her career journey and how she persisted in finding a path forward, even in the midst of challenge after challenge.  She is part of just over 1% of Latinas holding the CERTIFIED FINANCIAL PLANNER designation, the gold standard of financial planning. Valerie is a member of the Financial Planning Association (FPA), XY Planning Network, Fee-Only Network, The National Association of Personal Financial Advisors (NAPFA), and the CFP Board Diversity Advisory Group. She has contributed to publications such as The New York Times, The Wall Street Journal, Forbes, Business Insider, and others regarding her expertise in personal finance. In my discussions over the years with people in the military space, it often comes up that it feels daunting or different to try and make the leap into financial planning when you might not feel like you fit in. It's a stark fact that financial planning isn't as diverse as the population as a whole, much less those of us who want to serve based on our backgrounds or communities. If you feel like you might also struggle to fit in or find your way based on initial or past experiences in financial services as a whole, I hope you can take away some encouragement or inspiration to follow Valerie's example and not give up. We need you in this valuable profession!  Here's my interview with Valerie!   https://1genwealth.com/ https://www.linkedin.com/in/valerie-rivera-cfp/   

Is one of your New Year's resolutions to finally hire a financial advisor this year but unsure of where to start? We hear you. That's why we're bringing back this special mailbag episode with Pam Krueger, founder and CEO of WealthRamp, to tackle all your burning questions about financial advisors. From finding a fiduciary you can trust to navigating minimum asset requirements, we've got you covered. CHAPTERS: 02:00 Key questions to ask a financial advisor 07:00 Advisors and tax professionals: building a team 14:00 How often should you meet with your financial advisor? 22:00 Advisors who specialize in FIRE Additional Resources: Check out WealthRamp to get matched with a vetted fiduciary advisor. Explore the XY Planning Network for advisors who work with younger clients. Learn about the Association of African American Financial Advisors here. Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount. Interested in learning more about investing alongside hundreds of other women? Join us every other Monday night on Zoom at investingfixx.com. Have a question for us? Write to us at mailbag@hermoney.com. While you're at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney. Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Pruitt, founder of Exhale Wealth Management, is back for his second appearance on the podcast, and his journey continues to impress. After leaving institutional investment management, Matt built a firm that's thriving by serving tech workers with equity compensation. His business has seen remarkable growth in a short time, a testament to the power of a clear niche and strategic focus.In this episode, Matt dives into what's driving his success—focusing on the right clients, leveraging a strong referral network, and outsourcing to stay efficient. He also shares the value he's found in collaborating with peers and learning from groups like the XY Planning Network.Beyond the numbers, Matt talks about how he manages his time effectively to prevent burnout and balance running a growing business with family life. His approach is practical and grounded, offering insights that advisors at any stage can learn from.Tune in to hear Matt's story and gain valuable takeaways for building your own practice.Matt's Social:https://www.linkedin.com/in/matt-pruitt-cfp%C2%AE-cfa-02aab548/Music in this episode was obtained from Bensound.

In this podcast episode, I sit down with Mike Hunsberger to learn more about his career journey across an Air Force career and launching his own RIA, Next Mission Financial Planning. He shares about his early experiences with being sold permanent life insurance and high fee mutual funds which led him to get more interested in personal finance. Thanks to many years of his own good financial decisions, including building lots of spreadsheets to analyze his own military career analysis, gave him options to consider financial planning as a second career. As part of his exportary foray, Mike learned about XY Planning Network and came to their conference in 2019 where he met many other like-minded folks that ultimately started MFAA. It solidified his decision to make the leap and he finished his CFP coursework not long after from the American College thanks to their veteran scholarship program. When he passed the CFP exam and launched his firm, Mike shares how he felt like he had realistic expectations but even they were too lofty at first. I appreciate how he shared about the struggles to market to clients in those first few years. We also dive deeper into the world of college planning as Mike has expertise in that planning area including integrating military benefits into paying for college. Mike talks about his process for clients and the tools and techniques he uses to help them make the best decisions for their families. This is one of the most emotionally charged topics in financial planning so you won't want to miss his expertise!  https://nextmissionfinancialplanning.com/ https://www.linkedin.com/in/mike-hunsberger/ https://ronlieber.com/books/the-price-you-pay-for-college/  

Curious about turning a love for numbers into a fulfilling career in financial planning? Join us for a chat with Brittany Brinkerhoff of Hilltop Wealth Advisors. Brittany shares her journey from college intern to leading the Ascend program, aimed at helping young professionals and families secure their financial futures. Learn about the subscription-based service she created for high-income clients needing flexible, affordable financial planning.Brittany also discusses the challenges of moving to an independent advisory firm and the strategies used to keep client trust. She highlights the support from the XY Planning Network, which helped attract younger clients through online searches and local referrals.In the final part of our conversation, Brittany emphasizes the importance of visual roadmaps in financial planning to reduce stress. She shares stories of clients with high incomes and significant student loan debt, showing how financial advice can turn anxiety into peace of mind. Connect with Brittany on LinkedIn or visit Hilltop Wealth Advisors' website to learn more. This episode is packed with insights for anyone interested in financial planning or improving their financial health.Social:https://www.linkedin.com/in/brittanybrinckerhoff/

What if financial planning could be both personal and professionally fulfilling? Join us for a chat with Brenna Baucum from Collective Wealth Planning. Inspired by her grandparents' values, Brenna aligns personal values with financial planning, offering a unique perspective. This episode celebrates what would have been her grandmother's 95th birthday and is a must-listen for those in the financial sector or anyone who enjoys heartwarming community stories.Brenna shares her career path, from mentorship to starting her own firm with the support of the XY Planning Network. She talks about the rewards and challenges of launching a solo practice. If you're curious about the role of community and shared values in financial planning, Brenna's story is essential to listen to. We also discuss serving Oregon public employees and retirees, highlighting their complex pension system.Learn about the power of genuine community engagement in building authentic client relationships. Brenna stresses the importance of being a reliable volunteer and creating free community resources to build trust. She offers insights on effective outsourcing and marketing strategies for efficiency and genuine client interactions. This episode is packed with valuable lessons on seizing opportunities and the enduring importance of authenticity in both personal and professional life. Don't miss Brenna's heartfelt advice on building a personal brand and staying true to one's values in the financial advisory industry.Brenna's Social:https://www.linkedin.com/in/brennabaucum/

When a music performer turns to finance, unexpected things happen. David Bowman's journey from the arts to financial planning is one such story. In this episode, David shares how he discovered financial planning at Ohio State University and succeeded at a Central Ohio RIA.Now the Director of Partnerships at XY Planning Network (XYPN), David's career path has been diverse: from odd jobs and recruitment to organizing conferences and founding a college planning education company. He discusses the growth of XYPN from a startup to a support hub for financial advisors.David highlights the role of technology at XYPN and the collaborative spirit within the network, where advisors actively refer clients to one another. Additionally, David emphasizes the importance of partnerships and sponsorships, detailing the enriching experience of witnessing the mutual growth and success of both companies and members within the network.Dave's Social and Website:https://www.linkedin.com/in/david-bowman-cfp/https://www.xyplanningnetwork.com/Music in this episode was obtained from Bensound.

In this episode of Elementality Reese Harper is joined by Michael Kitces, Chief Financial Planning Nerd, and co-founder of XY Planning Network as they discuss trends in advisory firm growth. Michael shares his personal journey and strategies for writing impactful content, growing a financial advisory practice, and exploring new service models like the subscription-based approach. Discover how serving underserved markets can lead to substantial business growth and why adapting to client needs is more crucial than ever.

Tony Matheson joins us on the show this week.  Tony worked as a wholesaler in the investment industry for 20 years before departing to launch a financial advisory firm, Slalom Wealth.  Wholesaling is a sector of the industry we haven't discussed much on the podcast to date, and Tony joins us to share the inside scoop.  We cover how wholesalers work with and influence financial advisory offices, what his path to starting a financial advisory office has been like, and what it's really like to study and sit for the CFA exams.   Resources Connect with Tony: Website - slalomwealth.com/ LinkedIn - linkedin.com/in/tony-matheson/ cfainstitute.org/en/ XY Planning Network - xyplanningnetwork.com/

In this episode, DPL Founder and CEO David Lau talks with Michael Kitces, one of the most influential voices in the financial services industry. He passionately advocates for evolving, expanding, and institutionalizing what excellence in financial planning can be. His industry blog for financial advisors, Nerd's Eye View at Kitces.com, reaches more than 250,000 readers monthly. His podcast, Financial Advisor Success, is dedicated to advancing knowledge in financial planning. Michael is also Head of Planning Strategy at Buckingham Wealth Partners, and a Co-Founder of the XY Planning Network, AdvicePay, New Planner Recruiting, and fpPathfinder.Michael talks with David about trends and best practices in the financial advisor industry. They also discuss the challenges and opportunities around annuities, particularly in the RIA market. Michael and David emphasize the need for carriers to create products that can be used, not just sold, and support advisors' business models.Key Takeaways[02:37] - How Michael got started in financial services.[06:02] - Michael's involvement in the early years of variable annuities.[09:15] - Michael's blogging journey and the growth of his platforms.[12:39] - How Michael balances his time between his platforms and business partnerships.[18:09] - Building products that can be used, not just sold.[26:38] - The operational challenges RIAs face when dealing with annuities.[31:59] - The challenges of making operational paperwork more efficient.[34:06] - The need for scalability in the annuity industry.[38:41] - The challenges of duration for carriers.

Have you ever thought about how a leader's different experiences can influence an entire industry? Vince Hockett, President of XY Planning Network, will share his varied career, from manufacturing to international business, and how these roles shaped his leadership style at XYPN. He will discuss the importance of learning and mentorship in building a community and support system at XYPN.Vince also does an amazing job at highlighting what sets XYPN apart in a competitive field, such as its principles, leadership, and culture. Insights on the role of empathy in leadership and the psychological aspects crucial in financial planning will be shared. The talk aims to inspire with a vision of a mission-driven organization that impacts lives beyond just numbers. Join to discover how having a purpose can transform your approach to work, growth, and success at xyplanningnetwork.comVince's Linkedin: https://www.linkedin.com/in/vhockett-take-a-look/Music in this episode was obtained from Bensound.

Join us as Travis Johnson from XY Compliance Solutions helps us understand the rules of fee-only financial planning in simple terms. In this episode, we'll learn how dealing with rules can actually help your advisory business grow. Travis will share his expert tips on dealing with new fee systems and state ruled.We'll also find out why following rules shouldn't scare you. We talk about how the XY Planning Network is making it easier for advisors to follow the rules. Travis will explain the main reasons firms look for help with these rules and the challenges they face as these rules change. He'll give valuable advice on how to prepare your firm for reviews and why it's important to keep good records.This isn't just about following rules; it's about knowing them so that you can expand your financial planning services confidently. We'll compare different payment models and discuss how to offer many different solutions ethically. Join us for a clear and helpful conversation that aims to provide you with strategies and support for ethical, client-focused financial planning.Social Media:https://www.linkedin.com/in/travis-johnson-iaccp%C2%AE-13149aa0/Music in this episode was obtained from Bensound.

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. Are you a physician tired of getting ripped off and wanting a fair shake on Wall Street? Rather than getting mad, understand how the financial services industry works. Do the right thing by knowing when and why to hire or fire your financial advisor.   In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks to Dr. Jim Dahle, a practicing emergency room physician and founder of The White Coat Investor, and Alan Moore, co-founder and CEO of the XY Planning Network about DIY financial planning versus hiring a financial advisor to help.  Topics Discussed: • Making and Managing Money: Decide to hire help or do-it-yourself (DIY)? • Seeking financial advice: Stigma, status symbol, or too busy • Should a good advisor be saving you time and money? Good advice at fair price • Getting stuff done: Do you struggle to get those not so fun financial tasks done? • Mental energy: Are you fried and dreading financial chores? • Therapy and Financial Advice: Why financial planning often intertwines the two • Best and Worst Advisors: Compensation, commission, fee, CFP®, fiduciary? • Are you working with a broker or insurance agent posing as a “financial advisor”? • Conflict of Interest: Get a second opinion when pitched permanent life insurance • Financial Advice Future: Financial planning as a profession LINKS: www.WrenneFinancial.com

Happy new year and we have new questions: What do we think of XY Planning Network? Is Vanguard's new Core Actively Managed Bond Fund a good investment? What can or should be done with a gifted annuity? Should VT and VTI be purchased now "at a peak?" Is a $9,000 RMD tax analysis worthwhile? Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode #11 of NAPFA Nation, Zach Teutsch, managing partner at Values Added Financial, talks with podcast host Marie Swift about helping “progressives” build financial lives they feel good about. Established in 2017, his fiduciary financial planning and wealth management firm is passionate about supporting people who want to leverage their wealth to make an impact and live a joyful life.   Setting the right goals and aligning those goals with one's values, he says, is the equivalent of setting the GPS for one's life. The principals and staff at Values Added Financial do not shy away from being real and are known for demonstrating their own diverse and progressive values in the world. This authenticity sets the stage for attracting remarkable and diverse clients and for working in a high-trust environment.  The company also attracts and retains quality team members who share their values, freeing everyone to focus on more meaningful work and values/goals alignment. He is an active member of ACP (Alliance of Comprehensive Planners), XY Planning Network, and NAPFA (National Association of Personal Financial Advisors), three professional associations that provide methodologies, community, and resources for fiduciary financial planners.  In a nutshell:  Values Added Financial focuses on helping clients align their values with their financial goals. The firm has experienced significant growth over the past six years and has a team of six dedicated fiduciary advisors. They have found success by being open about their “progressive” values and attracting like-minded clients. Teutsch explains the firm's business model, which includes assets under management (AUM) plus a sliding scale financial planning fee (retainer), but acknowledges that there is no perfect pricing model. He believes in hiring based on “culture add” rather than just interpersonal fit and uses an interview process that uncovers emotional intelligence and reflects the actual work involved. Teutsch talks about reasons for doing advanced work in shareholder advocacy and socially responsible investing and says that being upfront about values liberates the advisory team and empowers them to work on issues they care about, such as racial injustice and social safety nets. He emphasizes the importance of building a team that represents diversity and brings new perspective. Special Note: In 2023, we rebranded the NAPFA podcast with a new album cover and series title: NAPFA Nation. We are shifting our monthly episodes to bring you inspiring conversations and key insights from leaders in the Fee-Only financial planning profession. Marie Swift, Founder and CEO of Impact Communications, will continue on as host, interviewing a variety of NAPFA members and professionals. You will still be able to find on this channel the 32 Mindset Mastery episodes with respected fiduciary financial planners and allied advocates who are committed to accomplishing great things as they master their own mindset and continue to serve their clients in the best ways possible. Brought to you by NAPFA - the National Association of Personal Financial Advisors - the country's leading professional association of Fee-Only financial advisors. Learn more about NAPFA at https://www.NAPFA.org.

Picture this: you're a financial advisor in the heart of sunny California. Sounds like a dream, right? Our guest, Scott Frank, founder of Stone Steps Financial in Encinitas, California, shares his fascinating journey from his beginnings in Noblesville, Indiana to becoming a sought-after name in the financial planning industry. Buckle up as we explore his alliances, his commitment to active listening, and his take on the CFA and CFP certifications.Transitioning a business is never easy. Scott talks about the decision to leave pervious firms and what led him to that decision. He provides valuable advice to advisors finding the partnership promise short of reality, highlighting the importance of a clear plan and action steps for a successful transition. Finally, we delve into why Scott believes in sharpening communication skills in financial advising. He shares his involvement with the XY Planning Network and thoughtfully explains his unique marketing plan. Despite being a well known figure in the industry, Scott acknowledges his thoughts on growing an enterprise and why he has chosen to keep his firm small. We also get a glimpse into Scott's social media presence and find out what he believes is the best platform to reach his target audience. If you're ready to see the world of financial advising through Scott's lens, join us for this captivating conversation.

Jay Coulter sits down with industry leaders, Michael Kitces and Alan Moore from XY Planning Network. This insightful interview sheds light on pressing challenges in the financial services industry, especially the shortage of financial advisors. The duo also shares how XY Planning Network offers a robust launching platform for serious financial planners eager to grow their businesses and charts the growth and trends they're observing within their network. Follow Financial Advisor TV™ on Social: YouTube: https://www.youtube.com/c/FinancialAdvisorTV  Twitter: https://twitter.com/finadvisortv  Facebook: https://www.facebook.com/financialadvisortv  LinkedIn: https://www.linkedin.com/company/financialadvisortv  Instagram: https://www.instagram.com/financialadvisortv  Learn more about Financial Advisor TV™: http://www.financialadvisor.tv  © Resilient Advisor. All Rights Reserved

Episode Summary Bruce and Jeff speak with forward thinker Michael Kitces, chief financial planning nerd at kitces.com. With ChatGPT pushing artificial intelligence into the mainstream, Michael walks us through how AI… Episode Notes Bruce and Jeff speak with forward thinker Michael Kitces, chief financial planning nerd at kitces.com. With ChatGPT pushing artificial intelligence into the mainstream, Michael walks us through how AI can complement your advisory services and how to integrate it. Guest Bio: Michael E. Kitces, MSFS, MTAX, CFP®, CLU, ChFC, RHU, REBC, CASL, is the Head of Planning Strategy for Buckingham Wealth Partners, a private wealth management firm located in St Louis, Missouri, that oversees approximately $50 billion of client assets. In addition, he is the co-founder of the XY Planning Network, AdvicePay, fpPathfinder, and New Planner Recruiting, former practitioner editor of the Journal of Financial Planning, and the publisher of the e-newsletter The Kitces Report and the popular financial planning industry blog Nerd's Eye View through his website www.Kitces.com, dedicated to advancing knowledge in financial planning. Michael is also a popular speaker on financial planning and practice management topics, and can be seen presenting at 50-70 regional and national conferences for financial advisors every year. Michael is one of the 2010 recipients of the Financial Planning Association's “Heart of Financial Planning” awards for his dedication to advancing the financial planning profession. In addition, he has variously been recognized as financial planning's “Deep Thinker,” a “Legacy Builder,” an “Influencer,” a “Mover & Shaker,” part of the “Power 20,” and a “Rising Star in Wealth Management” by industry publications. These awards were presented to honor Michael's active work in the financial planning community. Michael is also a co-founder of NexGen, a community of the next generation of financial planners that aims to ensure the transference of wisdom, tradition, and integrity, from the pioneers of financial planning to the next generation of the profession. Specialties: Financial Planning, CFP, Tax Planning, Retirement Planning, Investment Management, Blogger, Social Media for Advisors, Public Speaker Schwab Asset Management is proud to sponsor the InvestmentNews Podcast. In today's complex world, Schwab Asset Management provides a simple, straightforward approach to investing. As one of the largest and most experienced asset managers, they offer low-cost core ETFs for building the foundation of a diversified portfolio. Their focused lineup, which includes market cap index and strategic beta ETFs, is a reflection of a commitment to deliver exceptional experiences to investors and the financial professionals who serve them. Learn more at schwabassetmanagement.com/etfs.That's schwabassetmanagement.com/etfs.

Episode Notes Bruce and Jeff chat with Candice Carlton, head of advisor growth marketing at FiComm Partners, about Merrill Lynch's new tool allowing advisors to share custom videos and why Candace sees it as a wake-up call for advisors. She goes through the do's and don'ts of using video to market yourself as an advisor, and explains why this is a tool everyone will have to master. Candice Carlton is the head of advisor growth marketing at FiComm Partners. Prior to FiComm, she worked for and with some of the fastest growing and most innovative firms in the US, including Mercer Advisors, United Capital acquired by Goldman Sachs and XY Planning Network. As one of the industry's largest and most experienced asset managers, we offer a focused lineup of competitively priced ETFs, mutual funds and separately managed account strategies designed to serve the central needs of most investors. By operating our business through clients' eyes, and putting them at the center of our decisions, we aim to deliver exceptional experiences to investors and the financial professionals who serve them.

In episode #06 of NAPFA Nation, Lydia Sheckels, CFP®, CLU®, ChFC®, of Wescott Financial Advisory Group, shares highlights from her career in financial services, including how she became fee-only financial planner, and why she decided to eventually join NAPFA and raise her hand for service/leadership roles within the fiduciary community that would come back to help her in unexpected ways. While she set out to simply be of service, the surprise to her was that she learned new things and became a better financial planning practitioner and leader within Wescott, the Registered Investment Advisor and wealth management firm that would eventually become her beloved career home base. Sheckels shares: How participating in the fee-only community helped shape her career and created a profound sense of purpose How fellow NAPFA pioneers such as Michael Joyce, Judy Lau, and Marjorie Fox – among others – lead the charge in NAPFA's early days Why she is so encouraged by the fiduciary movement and the growth of commission-free wealth management and financial planning firms nationwide How established firms can help the next generation of financial planners as they eagerly seek to join the fiduciary community Key points: When Sheckles joined Wescott, it was “a tiny firm” and the term “fiduciary” was hardly used in financial planning circles. Today, Wescott is one of the larger wealth management firms in the fiduciary community and now the terms “fee-only” and “fiduciary” are used widely in financial planning circles, by personal financial journalists, and professors who are training up the next generation of financial planners, investment advisors, and wealth managers. In addition to the National Association of Personal Financial Advisors, the fiduciary standard is now the “mother standard” for an array of professional organizations such as Alliance of Comprehensive Planners, XY Planning Network, and the Garrett Planning Network. As NAPFA celebrates its 40th anniversary, this podcast with Sheckels is one you won't want to miss. Special Note: In 2023, we rebranded the NAPFA podcast with a new album cover and series title: NAPFA Nation. We are shifting our monthly episodes to bring you inspiring conversations and key insights from leaders in the Fee-Only financial planning profession. Marie Swift, Founder and CEO of Impact Communications, will continue on as host, interviewing a variety of NAPFA members and professionals. You will still be able to find on this channel the 32 Mindset Mastery episodes with respected fiduciary financial planners and allied advocates who are committed to accomplishing great things as they master their own mindset and continue to serve their clients in the best ways possible. Brought to you by NAPFA - the National Association of Personal Financial Advisors - the country's leading professional association of Fee-Only financial advisors. Learn more about NAPFA at https://www.NAPFA.org

Bruce and Jeff speak with forward thinker Michael Kitces, chief financial planning nerd at kitces.com. With ChatGPT pushing artificial intelligence into the mainstream, Michael walks us through how AI can complement your advisory services and how to integrate it. Guest Bio:Michael E. Kitces, MSFS, MTAX, CFP®, CLU, ChFC, RHU, REBC, CASL, is the Head of Planning Strategy for Buckingham Wealth Partners, a private wealth management firm located in St Louis, Missouri, that oversees approximately $50 billion of client assets. In addition, he is the co-founder of the XY Planning Network, AdvicePay, fpPathfinder, and New Planner Recruiting, former practitioner editor of the Journal of Financial Planning, and the publisher of the e-newsletter The Kitces Report and the popular financial planning industry blog Nerd's Eye View through his website www.Kitces.com, dedicated to advancing knowledge in financial planning.Michael is also a popular speaker on financial planning and practice management topics, and can be seen presenting at 50-70 regional and national conferences for financial advisors every year.Michael is one of the 2010 recipients of the Financial Planning Association's “Heart of Financial Planning” awards for his dedication to advancing the financial planning profession. In addition, he has variously been recognized as financial planning's "Deep Thinker," a "Legacy Builder," an "Influencer," a "Mover & Shaker," part of the “Power 20,” and a "Rising Star in Wealth Management" by industry publications. These awards were presented to honor Michael's active work in the financial planning community. Michael is also a co-founder of NexGen, a community of the next generation of financial planners that aims to ensure the transference of wisdom, tradition, and integrity, from the pioneers of financial planning to the next generation of the profession.Specialties: Financial Planning, CFP, Tax Planning, Retirement Planning, Investment Management, Blogger, Social Media for Advisors, Public Speaker

The rapid emergence of artificial intelligence and Chat GPT specifically has raised a bunch of fresh questions about the role it will play in financial advice, and how it will impact the work and role of financial advisors moving forward.High-profile advisor Michael Kitces—the “Chief Financial Planning Nerd” at Kitces.com, Head of Planning Strategy at Buckingham Wealth Partners, Co-Founder of the XY Planning Network and face of the popular “Nerd's Eye View” financial planning blog—has an interesting perspective on the topic of AI in financial planning and shares it with us on this episode of the 401(k) Specialist Pod(k)ast.Kitces recently posted a blog titled, “Why Chat GPT is No Threat to Real Advisors,” and here he expands on thoughts behind why advisors should not fear artificial intelligence, but embrace it for how it can save time and create efficiencies.

Today on the podcast, we welcome back financial planning guru and Michael Kitces. I recently had the chance to catch up with Michael to get his take on asset allocation, specifically whether higher yields should have an impact on where investors hold their money. Today's podcast is a recording of that conversation. Michael is the head of planning strategy for Buckingham Strategic Wealth, co-founder of XY Planning Network and AdvicePay and is the chief financial planning nerd—and yes, that's his real title—for the advisor education platform Kitces.com and the Nerd's Eye View blog. You can follow him via Twitter @MichaelKitces or on LinkedIn.BackgroundBioXY Planning NetworkAdvicePayBuckingham Strategic WealthKitces.com@MichaelKitcesInvesting Safe Assets“Where Should Investors Stash Their Safe Money Today?” Video interview with Michael Kitces and Christine Benz, Morningstar.com, April 19, 2023.“Kitces: Where to Park 3 Types of Client Cash,” by Dinah Wisenberg Brin, thinkadvisor.com, April 20, 2023.“Client Cash Management: Why It's Important, and the Next Generation of Technology to Make It Better,” by Ben Henry-Moreland, kitces.com, Aug. 22, 2022.MaxMyInterestRising Yields, Asset Allocation, Retirement Withdrawals“How Rising Yields Should Affect Asset Allocation for Retirees, Preretirees,” Video interview with Michael Kitces and Christine Benz, Morningstar.com, May 3, 2023.“The ‘Yield-Split' Method of Asset Allocation to Improve Tax Efficiency of Index Funds,” by Chris Murray, kitces.com, March 30, 2022.“Increasing Retirement Withdrawal Rates Through Asset Allocation,” by Michael Kitces and Wade Pfau, aaii.com.“8 Inflation Conversations for Financial Advisors to Have With Clients,” by Ben Henry-Moreland, kitces.com, April 27, 2022.“Is Private Debt Worth Considering as an (Alternative) Asset Class in Client Portfolios?” by Larry Swedroe, kitces.com, Jan. 18, 2023.“The Extraordinary Upside Potential of Sequence of Return Risk in Retirement,” by Michael Kitces, kitces.com, Feb. 20, 2019.Other“Kitces: ‘The Model Has to Change Again,'” The Long View podcast, Morningstar.com, June 5, 2019.“Michael Kitces: Does Portfolio Customization Pay Off?” The Long View podcast, Morningstar.com, Aug. 23, 2022.

If you are interested in what it takes to transition from a long-term wirehouse position to solo RIA ownership, what it means to truly answer a calling, and how to sustainably serve others without being self-sacrificing, this episode is for you! XYPN member Kaysian Gordon, MBA, CFP®, CPA, CKA®, founder of Kaysi Gordon Financial Planning, started her career at UBS where her team grew over her tenure and ultimately focused on doing financial planning for ultra-high net worth clients.  She spent 14 years there learning the ins and outs of serving those clients and was the first on her team to get her CFP® designation.  Seven years ago she was able to start a weekly devotional blog that was not finance-related, so she had the freedom to share her thoughts and insights.  It later helped lay the foundation for her current niche of working with women of faith that are in transition.  When she felt called to leave UBS, she joined another organization that not only provided a unique “practice run” at RIA entrepreneurship, it allowed her to build a client base she could take with her when she decided to go independent—a rare opportunity. In late 2021, she left that RIA and launched her own firm with the help of XY Planning Network. She's been growing quickly (60 households in less than a year!) and her clear niche has not only helped build her base, it's kept her feeling fulfilled.  We also talked about how important time of life is—as she is a single mom with a ten-year-old daughter (who, by the way, co-authored a book with her!).  Her life stage has impacted the design of her business and how she ultimately wants her life to look.  There is so much to connect with in Kaysi's story, I hope you enjoy this conversation as much as I did! -Alan You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/360

Many of our clients ask for financial books and other resources they can share with their loved ones to improve their financial literacy. When young people are armed with financial knowledge they make smarter financial decisions that will ultimately pay off in the long run. When young adults are just getting started, financial information is best shared in bite-sized pieces which makes a 30-minute podcast the ideal medium for potentially life-changing financial tips.  If you know of someone who is about to graduate from college and embark on their journey into the adult world, this is the episode for them. They'll learn how to make the best financial decisions they can with their new paychecks. Please make sure to share this episode with the young people in your life.  Outline of This Episode [3:09] Making good financial decisions now will help you in your future [5:45] Avoid credit card debt [9:15] Automate what you can [11:35] Spend more on experiences [14:30] Improve your credit score [15:54] Get the company match [25:44 Never stop learning Resources & People Mentioned BOOK - Die with Zero by Bill Perkins BOOK - Happy Money by Elizabeth Dunn How I Invest My Money YouTube video The Humble Dollar blog The College Investor BOOK - Saving for Retirement by Ben Carlson BOOK - I Will Teach You to Be Rich by Ramit Sethi BOOK - How to Win Friends and Influence People by Dale Carnegie NAPFA - find fee-only financial advisors XY Planning Network - more fee-only financial advisors Connect With Chad and Mike https://www.financialsymmetry.com/podcast-archive/  Connect on Twitter @csmithraleigh @TeamFSINC Follow Financial Symmetry on Facebook Subscribe To This Podcast Apple Podcasts  Stitcher  Google Play

Today we are joined by Alan Moore, MS, CFP®, co-founder of the XY Planning Network and the CEO of AdvicePay. He is passionate about helping financial planners start and grow their firms to serve Gen X and Gen Y clients, who are largely ignored by traditional firms. In this episode, Alan talks about finding balance throughout his career, being intentional with your time, and the power of surrounding yourself with like-minded entrepreneurs. He stresses the importance of building a business that works for your life and being in tune with what you enjoy doing. Join us as we dive deeper into these topics and learn more about Alan's inspiring story.   Join us today as we discuss these things: 0:00 – Intro 1:43 – Alan shares his story and how he got into the financial industry.   5:00 – Alan shares what balance means in his life: “being intentional with where I spend my time and energy.” 8:19 – The importance of building the right business for you and the life stage you're in. 16:32 – Are you growing your business because you want to? Or are you growing your business because you feel pressured to? 22:45 – Alan shares some planning systems that help him keep focused and on task. 32:20 – Surrounding yourself with like-minded people that will support you and the journey you want to be on.   RESOURCES Learn more about our guest: https://www.xyplanningnetwork.com/ Email: travis@travisparry.com YouTube: https://www.youtube.com/channel/UC46ekvB-U-CJDdsd7aqJMuA  Get Travis' newest book!    

Today, Ed is joined by Kathleen Boyd, CFP®. She's a Financial Planning and Process Coach with XY Planning Network, and a professor at Oklahoma State University. Listen in as Kathleen dives into the human element of financial planning, of what it means to navigate love and money. As a queer black woman who grew up in public housing, she looks back on the intimidation she felt early in her career of becoming an advisor to multimillionaire clients and working alongside mostly white co-workers and managers. Kathleen highlights the importance of financial therapy in anyone's financial journey. She calls it a powerful piece of the puzzle that shouldn't end only with strategy and planning. Failing to address deep-seated beliefs, fears, and desires is one of the biggest reasons even a wealthy person can feel financially destitute. Finally, Kathleen unpacks the phenomenon known as “singleism,” defining it as “the social and institutional discrimination that single people face simply due to their marital status.” She and Ed agree on the often unfair advantages that married people have over singles, and even over those in polyamorous relationships. They offer their thoughts on how both the government and the financial industry can fill the gap. Key Topics: How Kathleen got into financial planning (02:31) Advising ultra-high-net-worth clients (07:18) Gaining confidence over the years (11:58) After Wells Fargo and joining the Orange County FPA chapter (14:42) Why even those who make a lot of money can perceive themselves as broke (23:45) Love and money in the context of single people (32:25) Defining “singleism” (35:11) Myths around married people (38:57) How the polyamorous community is severely underserved by the industry (45:52) Resources: Kathleen Boyd on LinkedIn Connect With Healthy Love and Money: Schedule your free 30-Minute Discovery Call About Therapy-Informed Financial Planning™. Learn about your money and attachment style with this short Attachment Style Quiz. Buy the Double Award Winning Book: The Healthy Love and Money Way. Hit Follow on Your Favorite Podcast Player To Get the Latest Episodes.

Bruce and Jeff chat with Candice Carlton, head of advisor growth marketing at FiComm Partners, about Merrill Lynch's new tool allowing advisors to share custom videos and why Candace sees it as a wake-up call for advisors. She goes through the do's and don'ts of using video to market yourself as an advisor, and explains why this is a tool everyone will have to master. Candice Carlton is the head of advisor growth marketing at FiComm Partners. Prior to FiComm, she worked for and with some of the fastest growing and most innovative firms in the US, including Mercer Advisors, United Capital acquired by Goldman Sachs and XY Planning Network.

Meg's Bio:"I worked in the tech industry straight out of college. Through the first Dot Com Boom. Aaaaand through the crash. When I got laid off. Fun times.In my 30s, I got bored with my work in tech, and I changed careers into financial planning. I also got married, had two babies, moved cross-country twice, went back to school for a graduate degree, bought my first home, decided (I mean, not unilaterally) to have my husband retire from tech and become a stay-at-home dad, and started a business (this one!).I don't know if I'd have had the guts to do all of that without the money and flexibility my husband and I both got from the tech industry. Which is why I love working with women in their early to mid career in the tech industry.It's such an exciting time of life. And the opportunities are almost boundless. But it's so stressful. And oh my goodness, what do you mean “estimated taxes”?!I've learned that if we are intentional and if we do the work, our opportunities in the tech industry can help us build that fulfilling life we all crave.What else about me?Wellllll, I grew up in Newport News, Virginia. I went to Wellesley College in Massachusetts, where I majored in Economics, gained 10 pounds (unlimited Fruit Loops? whut?!), and learned to banish writer's block. I moved to the Bay Area in 1998 and worked as a technical writer for 10 years in the San Francisco Bay Area, mostly in the software-security sector. ‘Tis also, it should be noted, where I met my husband. We both worked on the Engineering team at a small startup.After I changed careers, I got my Master's of Science in Financial Planning from Golden Gate University. I then worked for fee-only Registered Investment Advisors, back in Tidewater Virginia.In search of a home better suited to us, my husband, my two daughters, and I moved to Bellingham, WA. Julia the Dog—a sweet girl, if not technically a good girl—joined us a couple years later.So much of what makes me happy—hiking, biking, cooking, yoga, kale, and ancient minivans missing hubcaps—are part of the fabric of life here. For those rare times when I have a stretch of silence and time, I love reading books about European royal history, sci-fi/fantasy, and Anything Russia.I am a Certified Financial Planner™ professional, a Registered Life Planner™ and a member of the XY Planning Network and the Financial Planning Association."Meg's Social:Twitter- @MegBarteltLinkedin - https://www.linkedin.com/in/megbartelt/Music in this episode was obtained from Bensound.

Today, Ed is joined by Natalie and Dan Slagle. Both are CFPs and part of the XY Planning Network, a community of fee-only advisors. The Slagles love working with couples in the financial planning process. Natalie and Dan humbly embrace their responsibility as role models to couples looking to improve their shared relationship with money. They talk about the importance of each individual knowing their money story before becoming a couple. Referring to their business as a “cashflow-focused financial advising firm,” Natalie and Dan explain why having clarity, preferably through using tools like a balance sheet, is one of the key steps to transforming your money life, one day at a time. Natalie and Dan also share why they frame the journey to greater financial well-being as a dance, the value of knowing the couple's financial history before creating a strategy, and where financial planning ends and financial therapy begins. Key Topics: Why it's important to get clear on your money story before becoming a couple (02:43) Acknowledging emotional differences between the couple toward their money situation (09:35) Being a cashflow-focused financial advising firm (11:53) Getting clarity on your cashflow (17:09) Categorizing expenses (25:27) Framing a couple's financial life as a dance (28:25) The value of knowing the couple's financial history (30:25) From financial planning to financial therapy (33:44) There isn't a single path to financial security (39:00) Navigating financial burnout as a couple (44:09) Resources: Fyooz Financial Planning XY Planning Network Healthy Love and Money Resources: Healthy Love and Money Website The Couples Guide to Financial Intimacy Healthy Love and Money Facebook Healthy Love and Money Instagram Healthy Love and Money LinkedIn The Healthy Love & Money Way: How the Four Attachment Styles Impact Your Financial Well-Being (book) Stop Fighting & Start Talking: Gaining Peace and Perspective on Family Finances (book)

Michael Kitces and Alan Moore are the co-founders of XY Planning Network, and they join the show today to discuss their journey through entrepreneurship. If you desire to excel in the financial planning profession, then this is an episode you definitely won't want to miss! Listen in as Michael and Alan share how they entered into entrepreneurship, what they like (and don't like) about being entrepreneurs, and how they were able to work together to build several successful businesses even though they are wired differently. We also discuss how they handle the stress of running multiple companies, how they cope with the pressure of having several hundred employees who rely on them, and the one thing that firm owners sometimes do that keeps their organizations from growing. You can find show notes and more information by clicking here: https://bit.ly/3huR7QH 

Join Shane and Veronica AJ as they cover the culture-shaking EU decision to adopt a universal charger requirement for smartphones, a recap of this week's XY Planning Network conference, and Lufthansa's new pseudo-ban on AirTags. Also on deck are the not-great Q3 IPO review, some hopeful prospects for Q4, and Warren Mason's definitely-happening Taco Hell SPAC. Parting thought is to look up and look forward to SkyNet and the inevitable fall of the semiconductor industry. Think happy thoughts, listeners! Links EU lawmakers impose single charger for all smartphones Lufthansa "bans AirTags in luggage" after passengers publicly shame it with location of lost bags | Boing Boing Micron Pledges Up to $100 Billion for Semiconductor Factory in New York Even After $100 Billion, Self-Driving Cars Are Going Nowhere   Want to know more about working with BrooklynFI, contact us here 

Are you a physician tired of getting ripped off and wanting a fair shake on Wall Street? Rather than getting mad, understand how the financial services industry works. Do the right thing by knowing when and why to hire or fire your financial advisor.   In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks to Dr. Jim Dahle, a practicing emergency room physician and founder of The White Coat Investor, and Alan Moore, co-founder and CEO of the XY Planning Network about DIY financial planning versus hiring a financial advisor to help.  Topics Discussed: • Making and Managing Money: Decide to hire help or do-it-yourself (DIY)? • Seeking financial advice: Stigma, status symbol, or too busy • Should a good advisor be saving you time and money? Good advice at fair price • Getting stuff done: Do you struggle to get those not so fun financial tasks done? • Mental energy: Are you fried and dreading financial chores? • Therapy and Financial Advice: Why financial planning often intertwines the two • Best and Worst Advisors: Compensation, commission, fee, CFP®, fiduciary? • Are you working with a broker or insurance agent posing as a “financial advisor”? • Conflict of Interest: Get a second opinion when pitched permanent life insurance • Financial Advice Future: Financial planning as a profession LINKS: www.WrenneFinancial.com Just as the right advice helps you thrive financially. The right support team allows you to excel professionally. Weatherby Healthcare's locums experts will match you with the best jobs, prepare you for success and provide 24/7 support.  https://weatherbyhealthcare.com/  

We welcome back Michael Kitces, who was one of our first guests on The Long View. Michael is the head of planning strategy for Buckingham Wealth Partners. In addition, he is a co-founder of the XY Planning Network, AdvicePay, New Planner Recruiting, fpPathfinder, and XY BeanCounters. Kitces also oversees the leading industry blog for financial advisors, Nerd's Eye View at kitces.com, which reaches more than 250,000 readers each month. He also has two podcasts, Financial Advisor Success and Kitces & Carl, the latter of which he produces with Carl Richards. He has received numerous financial planning designations, including the Certified Financial Planner, Chartered Financial Consultant, and Chartered Life Underwriter designations. He received his bachelor's degree in psychology from Bates College and subsequently earned master's degrees in taxation and financial planning.BackgroundBioXY Planning NetworkAdvicePayNew Planner RecruitingfpPathfinderXY BeanCountersNerd's Eye ViewFinancial Advisor Success podcastKitces & Carl podcastBuckingham Strategic WealthTime Management and Productivity"Resolving the Paradox—Is the Safe Withdrawal Rate Sometimes Too Safe?" by Michael Kitces, kitces.com, May 6, 2008."To Roth or Not To Roth," by Michael Kitces, kitces.com, May 2009.Jeffrey LevineInoreaderJoshua BrownBarry RitholtzTadas Viskanta"Maximizing Your Productivity by Leveraging Your Time Not Your Technology, With Patty Kreamer," Financial Advisor Success podcast, kitces.com, June 15, 2021."7 Big Rocks—The Productivity System," by Stephen Covey, youtube.com, Dec. 27, 2013.Advice Business"Financial Advisor Fee Trends and the Fee Compression Mirage," by Derek Tharp, kitces.com, Feb. 8, 2021."The 3 Domains of Financial Advisor Value: Why Human Advisors Continue to Thrive Amid Competition From Robos," by Adam Van Deusen, kitces.com, May 23, 2022.Direct Indexing and Taxes"The Four Types of Direct Indexing and Technology Solutions for Advisors," by Michael Kitces and Adam Van Deusen, kitces.com, Feb. 16, 2022."Why Tax-Loss Harvesting During Down Markets Isn't Always a Good Idea," by Ben Henry-Moreland, kitces.com, July 13, 2022."Financial Advisor Trends in Constructing Mutual Fund vs. ETF Investment Portfolios," by Michael Kitces, kitces.com, July 25, 2018.ParametricAperio"What This Week's Market Volatility Teaches About Making Customized Portfolios for Every Client," by Michael Kitces, kitces.com, Feb. 8, 2018."Kitces & Carl Ep 65: Handling Clients Who Bring Their Own 'Hot' Investment Ideas," Kitces & Carl podcast, kitces.com, July 29, 2021."10 Key Performance Indicators for Financial Advisory Firms to Compare With Industry Benchmarking Studies," by Ben Henry-Moreland, kitces.com, March 28, 2022.

Hello Martinis and Your Money Listeners! As many of you know, I work with a team to produce one new episode a week despite running a business; and around the summertime, I always feel the need to take a little break from the podcast to refuel my creative juices where the show is concerned. So, I take the month of August off from airing new shows, and during this time, I replay some of my favorite episodes from this past year. I hope you enjoy hearing again or for the first time some of my favorite episodes of this past year. I'll be back in September with new shows and hopefully some exciting news about Financial Gym. Until then, I hope you enjoy the rest of your summer and I'll see you in September! I have been working as a financial planner for over 10 years now and while my clients are all unique with different life goals, a common question that comes up repeatedly is how to best save for retirement, specifically, should you utilize a traditional IRA or 401k plan, otherwise known and the pre-tax options or utilize a Roth IRA or Roth 401k plan or the post-tax options. This question has become increasingly important given that the Roth options have appeared in recent legislative bills, so I thought I would bring on the show a good friend of mine and an expert in helping plan for retirement, Michael Kitces. Michael is the Chief Financial Planning Nerd of Kitces.com, which teaches and trains financial advisors, he's Head of Planning Strategy for Buckingham Wealth Partners, which provides wealth management to retirees. And Co-Founder of XY Planning Network, a network of 1,500+ fee-only financial planners who provide advice to consumers in their 30s, 40s, and 50s. Michael joins me today to help answer the question, to Roth or not to Roth.  For more information, visit the show notes at https://www.martinisandyourmoney.com/show-notes/episode433

Entrepreneurship and building a business can be a long, hard and lonely journey. Many advisors want to learn what they need to do in order to be the best advisors for their clients, while others want to not only do good for their clients, but also make a shift in their lives and the lives of other advisors along the way. The latter is exactly what Alan Moore decided to do. Alan is the co-founder of the XY Planning Network, a support network for advisors looking to serve next generation clients. In this episode, Alan joins Matthew to share his journey, including his advice for any young financial advisors looking to get started in their careers. You can find show notes and more information by clicking here: https://bit.ly/3vhQi1B 

Episode #47 features two guests who discuss the evolution in the investment adviser industry over the decades and the conflicts of interest that have occurred.   Michael Kitces is the head of planning strategy at Buckingham Wealth Partners, co-founder of the XY Planning Network, among other companies, the host of the Financial Advisor Success podcast and the publisher of the Kitces Report newsletter, and the Nerd's Eye View blog at kitces.com.   Dr. Nicole Boyson is the chair of the Finance Dept at Northeastern University's D'Amore-McKim School of Business. Her research focuses on institutional investors, with a current interest in conflicts of interest among financial advisors. She also serves as a co-editor (3 co-editors) for Financial Analysts Journal and is on the board of directors for the Eastern Finance Association.   This podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free website at Bogleheads.org and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities around the country. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added on a regular basis. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Join Caroline and Jason Hamilton, CFP, CRPC for an informative conversation on financial planning across the lifespan. We cover hot topics like retirement planning, social security, Medicare, and long term care insurance.   As a Certified Financial Planner™ Jason brings the technical expertise, education, experience, and ethics requirements investors are looking for to help them achieve their goals, optimize their investments, and keep more of their income and investment returns.   Jason is the founder of Keep It Simple Financial Planning, a fee-only registered investment advisor, managing over $40 million in assets for his clients, and is the Head of Family Financial Coaching at his family's nonprofit IDEAL, a community development corporation, located in East Los Angeles.    Fee Only Financial Planning Networks:  National Association of Personal Financial Advisors (NAPFA): https://www.napfa.org/ Garrett Planning Network: https://www.garrettplanningnetwork.com/ XY Planning Network: https://www.xyplanningnetwork.com/    Connect with Jason: Your Retirement Coach Facebook Group: facebook.com/groups/yourretirementcoach Website: keepitsimplefinancial.com Email: info@keepitsimplefinancial.com Connect with Caroline: Book your Summer Refresh! Website: https://carolinemorris.com Email: caroline@morrisclinic.com 

Cody's Bio:I am Cody Garrett, an advice-only financial planner passionate about helping families refine their path to financial independence (FI) as DIY investors. As a CERTIFIED FINANCIAL PLANNER™ professional, I specialize in comprehensive financial plan development, topic research, and personalized financial education. I believe that truly comprehensive financial advice can provide the clarity and confidence necessary for families to implement their own well-informed decisions.As a registered investment adviser, I am held to the fiduciary standard of care, legally and ethically required to act in your best interest when providing personalized financial advice. To provide transparency and avoid conflicts of interest, I do not receive any compensation from the sale of investment or insurance products and do not manage client investments. With advice-only financial planning, all recommendations are tailored to fit your personal objectives and values.As a trusted source, my financial education insights have been featured in articles by Forbes, Barron's, Yahoo Finance, FOX Business, MarketWatch, Morningstar, Business Insider, Morning Brew, and CNBC.I am an alumnus of The University of Houston and completed the CFP certification program at Rice University. I fulfilled the CFP Board's rigorous education, exam, experience, and ethics requirements. With tax efficiency as a core planning consideration, I also passed the IRS Special Enrollment Exam (SEE Part 1 – Individuals).I am a continuous learner who believes there is always room for personal and professional development. I am an active member of the Financial Planning Association (FPA), the National Association of Personal Financial Advisors (NAPFA), the XY Planning Network, the FPA Next Generation Planner Editorial Advisory Board, and financial independence (FI) communities.Passionate about helping others receive conflict-free financial education, I write comprehensive yet concise articles about various planning topics at MeasureTwiceMoney.com.EXPERIENCEAs an advice-only financial planner, I have collaborated with hundreds of individuals and families to develop detailed strategies and provide clarity when making major financial decisions. With multi-generational planning opportunities, I have been fortunate to work with families of various ages, levels of wealth, educational backgrounds, and personal lifestyles. From the first dollar saved to the last dollar spent, I have helped families in all stages of life create a path to and through financial independence.Previous years of experience as a fee-only financial planner have provided opportunities to review thousands of financial documents, create tax-efficient wealth accumulation and income distribution strategies, develop and rebalance investment portfolios, and encourage healthy family communication around financial decisions. Every financial plan is different, and I enjoy going beyond the ‘rules of thumb' to help families refine their financial paths.Music in this episode is from Bensound.

Season 2 Episode 19 | Recorded January 24, 2022 In this episode, Jason and Scott are joined by Shane Mason, CPA/PFS, CFP®, CPWA® to talk about mustaches, method acting, and the mastery of the myriad letters behind his name. * The obsession with credentials * Shane's accounting adventure – from education to letter collecting * Nish? Neetch? Nitching? Niched? (We still aren't sure) * Moving from PwC to NY via sailboat * Racing towards a self-sustaining business * On being necessary * Why investment advising intimidates * Behavior = ROI * Sampling workflows – what worked, what didn't * Pricing – how Brooklyn FI makes it work (hint: no tracking time) * Navigating the market crapshoot * One time on a podcast ... Shane met AJ * Why firing sucks but why it can be a necessity * On using LinkedIn Recruiter * Why Brooklyn FI fired clients * Scott says lead with your knees, no ... Niche! * The hard question – defining FI * Circling around the “Net” question * Tooth Fairy economics * Evaluating and managing PITA margins * Brooklyn FI's build of equity compensation analysis software * Looking ahead * Shane's advice – partner power Visit Shane here: https://www.linkedin.com/in/shanemasoncpacfp Check out The Liquidity Event podcast a listen here: https://podcasts.apple.com/us/podcast/the-liquidity-event/id1576748996 Shout outs: Ole Miss, Clemson, Mississippi, faceless porn stars, Brooklyn FI, PwC Austin, Mason Tax, Jetpack Workflow, TaxDome, Karbon, Jason+, Ackerman+, Apple, Tate Henshaw, Palantir, Moneysplained, Lacerte, Charlotte, The Outsourced Accountant, Ignition, Traction, XY Planning Network, Ryan Lazanis, Future Firm, and all you other fabulous people we failed to mention! --- Send in a voice message: https://anchor.fm/sonsofcpas/message

En este episodio te comparto las palabras clave que tienes que tomar en cuenta al contratar a un asesor financiero. Es importantísimo que las conozcas, porque el contratar a un asesor financiero puede tener un impacto tremendo en tu vida. En el episodio menciono dos asociaciones de asesores financieros de las que soy miembro y puedes encontrar a el/la candidato/candidata ideal para tu situación particular. Esas asociaciones son: -NAPFA: National Association of Personal Financial Advisors. www.napfa.org-XY Planning Network: www.xyplanningnetwork.com

Justin's Bio:I am a CERTIFIED FINANCIAL PLANNER™ practitioner, the founder and leader of RLS Wealth, co-founder of The AGC™, and a member of the XY Planning Network. Having spent my entire career in the financial services industry, I started RLS Wealth in 2015 to bring my passions to my work and help dreamers align their passions with their finances. Since launching RLS Wealth, I've been included in Financial Advisor Magazine's Advisors To Watch 2019,  Investopedia's Top 100 Advisor (2019 and 2020), and Investment News 40 under 40 2020 Class.PurposeMy purpose is to live a fulfilled life and make a lasting impact on others as their guide on their journey toward fulfillment by supporting them and encouraging them to step out of their comfort zone to achieve their goals.The music in this episode was obtained from BenSound.

On this episode of Shaping Change, Ross Marino talks with Jordan Hutchison, Director of Partnerships at XY Planning Network, about his research & work in “flow theory” and its practical application in a practice to support the human side of financial planning.Learn more about XY Planning Network:WebsiteLinkedInTwitterConnect with Jordan Hutchison:LinkedInTwitterGet your copy of "Shaping Change"Connect With A2X Social:FacebookLinkedInInstagramTwitterLearn More About Advisor2X©Advisor2X. All Rights Reserved.

One of the best thought-leaders in our industry, Alan Moore, CEO and Co-Founder of XY Planning Network and CEO of AdvicePay, joins me on this episode of Bridging The Gap. We discuss entrepreneurship, growing in the wealth management business, and developing new ideas and opportunities, as well as leading brands, what's next for financial planning, and more. Listen in to this exciting conversation with one of the brightest minds in our industry.

Chad Duncan is the owner and CEO of Minimalist Financial, a personal finance planning and counseling company. Chad has personally gone from credit card debt and financial uncertainty to helping others find financial freedom. This episode is full of suggested resources and opportunities for you! Minimalistfinancial.com Resource List:  (Beginner Level Book) Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Vicki Robin  (Intermediate Level Book) The Simple Path to Wealth: Your road map to financial independence and a rich, free life: J L Collins (Expert Level Book) A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing: Burton Malkiel The Association for Financial Counseling & Planning Education: https://www.afcpe.org/ XY Planning Network: https://www.xyplanningnetwork.com/ Find out more about the Learned Opportunity Podcast at ekklesiaindy.com/podcast or you can follow us on Instagram @learnedopportunity This episode has ben brought to you by Ekklesia Counseling Services LLC. ekklesiaindy.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Why Aaron and Trishul chose to go independent.In this episode, Aaron and Trishul highlight their career paths. They then discuss what led them to create independent advisory firms after joining the XY Planning Network. Trishul started by writing a financial blog before realizing he wanted to provide more individualized help. Aaron failed out of sales before joining another RIA as an employee for a decade. In preparing for partnership status, Aaron realized he wanted more control of how he wanted to help his unique clients. But in the end, it was lifestyle implications that led them both to going solo.Episode ReferencesInvesting Forever - The Three Key Benefits of Sound Investment Management AdviceInvesting Forever - Where should you turn to for advice?Fee Only Network: Trishul PatelFee Only Network: Aaron AgteFee Only NetworkXYPNXYPN: Aaron AgteFINRA BrokerCheckBroker-DealerRIAPodcast DescriptionWelcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.

Arlene Moss and Carolyn Dalle-Molle are coaches at XY Planning Network. Arlene and Carolyn work directly with advisors to coach them towards becoming advisors of the future. In this episode, Arlene and Carolyn discuss their take on the imposter syndrome and the idea that sometimes problems in your business may be a result of an emotional block. LinkedIn: https://www.linkedin.com/in/arlenemoss/ and https://www.linkedin.com/in/carolyndallemolle/ Mentioned in this episode: XY Planning Network - https://app.xyplanningnetwork.com

Interview with Michael Kitces — Niches, fees, brands and RIA valuations — 0:50-41:30Niche practices — what's behind their rise and salience.Why the old niches are less unique.Subscription fees vs. AUM fees — how they work together, where the industry is heading, and why.What limits the AUM model.Financial advisers' changing views on Bitcoin and crypto.Moving out of the day-to-day advising, and brand-building in the advisory space.Why RIAs deserve the valuations they're getting in the merger market.Interview with Ben Harrison — 42:10 Pershing's realignment and the convergence of different wealth markets.Impact on RIAs.Competitive pressure vs. changing market.The INSITE Conference: virtual vs. hybrid vs. in-person.Support for clients — is it time to go back to the office?The future of custody in a Big Three world.Changes in custodial fee arrangements?This episode sponsored by:Broadridge is a global fintech leader whose infrastructure powers investing, corporate governance & communications. Visit Broadridge.comFor more on retirement planning and strategies for 2021 tune in to Retirement 2021 and beyond webcast OnDemand.Guest BiosMichael E. Kitces, MSFS, MTAX, CFP®, CLU, ChFC, RHU, REBC, CASL, is head of planning strategy for Buckingham Wealth Partners, a private wealth management firm in St. Louis, Missouri, that oversees approximately $50 billion of client assets. In addition, he is the co-founder of the XY Planning Network, AdvicePay, fpPathfinder, and New Planner Recruiting, former practitioner editor of the Journal of Financial Planning and the publisher of the e-newsletter The Kitces Report and the popular financial planning industry blog Nerd's Eye View through his website www.Kitces.com, dedicated to advancing knowledge in financial planning.Ben Harrison is a managing director and member of the Executive Committee for Pershing. He is co-head of our wealth solutions segment, which serves wealth-oriented broker-dealers, registered investment advisors  and trust companies, and the evolving and converging needs of these clients. Prior to this role, Ben led our RIA custody business and before that, both business development and relationship management for the advisory marketplace. 

“Fee Only means I only get paid a fee from my clients. I don't get paid fees from products, from brokerage firms, from banks, from insurance companies… I only get paid by the client and that is the person I'm responsible to.” - Brent Hoskins, CFP®, CKA® of Focal Point Financial Group “One of the questions you need to ask advisors you're interviewing is, ‘how do you get paid?'” - Donovan Brooks, CFP®, CKA® of Storyline FinancialIn episode 13, we're talking about what the hell is Fee Only?Brent Hoskins, CFP®, CKA® of Focal Point Financial Group and Donovan Brooks, CFP®, CKA® of Storyline Financial, sit down with Kyle to discuss what it means when an advisor says they're a “Fee Only advisor”. Do you know how your advisor gets paid? They break down the two basic ways advisors are compensated by their clients, which leads to the three different types of compensation structures (Commission, Fee Based, & Fee Only), which leads further into the various Fee Only models (AUM, Flat Fee, Hourly, and more). Tune in!"Do you want to pay for products that you can get for free, or do you want to pay for the advice?" Kyle Hill, CFP® Resources:Man of the House (1995), Rochester Brewing and Roasting Co.: Stone Fruit Pale Ale, River Bluff Brewing, Roasterie: Full Vengeance, Drink your coffee, Roasterie: Betty's Recipe, Parenthood - Forever Young, What is Fee-Only Financial Planning by NAPFA, XY Planning Network, NAPFA,Donovan Walk-up song: Lecrae - Over the Top /Andy Mineo, Brent Walk-up song: Alphaville - Forever Young Kyle Walk-up song: Jump Around by House of PainBrent Hoskins, CFP®, AWMA®, CRPS®, RICP®, CKA® - Focal Point Financial GroupWebsite,Email,LinkedIn,XY Planning Network...

Maddy Roche, Director of Member Services at XY Planning Network, inspires with her journey into the profession and her passion for building a financial planning community with a 100x impact. Correction from the episode: XYPN has almost 22% female advisers, not 18%.  You'll Learn How a cold email changed Maddy's career from paralegal to Director of Getting Sh*t Done at XY Planning Network (XYPN). The impact Maddy is making on the profession without being a financial adviser or financial planner. What XYPN is and how it's disrupting financial planning in the U.S. What XYPN did to change conference culture. Why the abundance mentality is so important in building this profession. Guest Bio Maddy Roche is the Director of Member Services at XY Planning Network (XYPN), and has been making moves and getting sh!t done since she joined the team in May of 2014 when the Network was made up of its first 30 founding members. Driven by sharing positive energy, Maddy seeks out any opportunity to mingle and exchange ideas with her inspiring community members. She lives and works in Bozeman, Montana helping make financial planning accessible to young people. She is passionate about leaning into feelings, skiing and beautiful food. Resources and Terminology Maddy's LinkedIn XY Planning Network Website #XYPN Live 2020 RIA: Registered Investment Advisor (Independent)