You might have heard about the Michael Kitces podcast. Michael Kitces hosts it, a podcast that celebrates financial advisor success. Interviews with financial experts like Anna N'Jie Konte and James Bogart are featured. It's an excellent resource to help you find the best advice for your firm.
Michael Kitces
Michael Kitces co-founded XY Planning Network and is a certified financial advisor. Kitces also produces the Kitces & Carl podcast which has a loyal following in the community of financial advisors. Kitces is a lifelong learner. He has degrees in taxation, finance and accounting.
His podcast aims at helping financial advisors succeed. Episodes feature stories from successful financial advisers. They also dive deep into the inner workings in the advisory industry. He is also the author of a blog for advisors, and co-founded AdvicePay Network and XY Planning Network.
Carl Richards
Michael Kitces and Carl Richards discuss how important it is to incorporate relevant "what-if" scenarios in the financial planning process. They also discuss the importance communicating and building trust with clients in order for them to remain engaged and confident. This podcast is great for anyone interested in investing.
Carl Richards is a Certified Financial Planner and a Financial Advisor Communication Expert. He has authored two books and a popular sketch column in the New York Times. In addition to hosting the Kitces podcast podcast, he also hosts the Behavior Gap radio podcast along with Michael Kitces, a financial planning expert.
Anna N'Jie-Konte
We've all heard the term "co-founder" and "co-creator" before. These two terms are essentially synonymous. They mean something different in Anna's mind. Anna is a first-generation American who started her own business from scratch. She measures success in the satisfaction she experiences from her work. She loves what her job is and can't believe how much she gets paid.
Anna wanted more freedom and time with her family while she was working for a broker-dealer. So she left the firm she was working for to start her own firm. She discovered that podcast appearances were a great way to reach new prospects. She realized that the key to success in the financial world is taking risks.
Stacey McKinnon
Stacey McKinnon, Chief Operating Officer of Morton Capital is an independent RIA in Los Angeles' suburbs. With more than 50 employees, her firm has an AUM of nearly $2 billion. She's committed her career to creating environments where people thrive and has a strong belief in the importance of positive leadership. McKinnon comes from Lake Tahoe, Northern California. She has a variety of backgrounds. McKinnon has previously been a wedding coordinator, and she also owned a Pilates studio. Since then, she's successfully climbed the corporate ladder to become Morton's Chief Operating Officer.
Stacey's talk about hiring emphasizes the importance culture fit and personality. Instead of looking for the "one-size fits all" solution, Stacey suggests that hiring for personality is a great way to build trust with your team and create trust.
XY Planning Network
Michael Kitces's XY Planning Network podcast can be a great starting point if you are looking for a podcast on financial planning. He's an industry thought leader and a popular blogger. He discusses the seismic shift that has occurred in financial services from being advice-centric and product-centric.
The XY Planning Network for younger advisors is a brand new network that focuses on financial planning. He and his team want to create a new career path for advisors. In order to get in the industry, young advisers were required to sell products to other advisors and work for large firms that served wealthier clients. They also have to meet AUM requirements, which means they have to be a part of a large firm.
FAQ
What should I expect during my first session with a Life Coach?
The typical time it takes to meet with a Life Coaching Coach is approximately one hour. You will meet your coach face to face for the first time.
Your coach will ask about your current circumstances, what you would like to change, why and how much support. This information will help them tailor their approach to suit you.
Your coach might ask you to fill out a questionnaire to get a clear picture of who you are and what is important to you.
Your coach will explain the fees and outline the services that they offer at the end of the first meeting. Together, you'll choose which one is best for you.
How do I determine if I require a life coach or not?
If you feel like your life is not fulfilling your potential, it could be time to seek out additional support. It's a sign that you have failed to reach your goals in the past. Maybe you find it difficult to stay committed long enough for results.
You may have stress-related burnout if you are having trouble managing your personal and professional life.
These problems can be solved by life coaches.
Do I have the right to pay upfront for my purchase?
You don't have to pay until you get your final bill.
Many life coaches don't charge anything upfront, making it easy to start benefiting from their expertise without spending any money.
You will need to agree to a price if you hire a coach before you start your relationship.
What will I get out of my life coaching sessions?
During the first session of your life coaching session, you will share your goals and your needs. We will then discuss your goals and help you identify obstacles that may be preventing you reaching those goals. Once we've identified the problem areas, we'll design a plan of action to help you reach your goals.
We will be checking in on you every month to see if everything is going as planned. Please let us know if there are any issues.
We're here to guide you through the process. You'll always feel as if you have our support.
What are the responsibilities associated with a life coach
A life coach helps individuals achieve their personal goals. He/she provides education on how to improve your health, nutrition, fitness or work/life balance, as well as advice about career development and relationships.
Life coaches can also help clients to develop positive attitudes towards self improvement and set achievable goals.
A life coach is there to support you and encourage you. While they might not have all of the answers, they do know how to ask the right questions and guide you toward finding them.
They are here to help you make better decisions and take action to reach your goals.
What are the benefits to having a life coach?
A life coach can help you live a happier life by helping to achieve your goals, overcome obstacles, and change your habits so that you are more fulfilled.
A life coach assists individuals in developing self-awareness. They also assist with improving relationships and motivation.
A life coach can help you to thrive.
Statistics
- According to relationship researcher John Gottman, happy couples have a ratio of 5 positive interactions or feelings for every 1 negative interaction or feeling. (amherst.edu)
- If you expect to get what you want 100% of the time in a relationship, you set yourself up for disappointment. (helpguide.org)
- Needing to be 100% positive and committed for every client regardless of what is happening in your own personal life (careerexplorer.com)
- Life coaches rank in the 95th percentile of careers for satisfaction scores. (careerexplorer.com)
- According to ICF, the average session cost is $244, but costs can rise as high as $1,000. (cnbc.com)
External Links
How To
How to become a coach for life
Being a life coach is a popular question. Although there are many paths to becoming a life coach you need to know the basics before you can become a professional coach.
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Find out what you want to do. Before you can pursue any career, your passions and interests must be known. If you don't know your passion, it can be difficult to get into coaching. Before you start looking at the different options, consider what interests you in this field. If you are thinking "I would like help people", then it is time to look into how to be a life coach.
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Plan and set goals. Plan your career once you've decided what you want. Start learning about the profession and read books about it. Write down everything you learn so that you can refer back to them when needed. Do not rush to accomplish your goals without having a clear vision. Set realistic goals you can reach in the next few decades.
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Be patient. Becoming a life coach takes a lot of patience and dedication. The first year of coaching is the most difficult. After your initial training, clients may require that you work with them for 2-4 hours each week. You will be required to work weekends and long hours. You won't feel exhausted if you enjoy what you do.
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Get certified. To become a licensed life coach you need certification from a recognized organisation such as the NLP Certification Institute. You will be able to gain credibility with potential employers and open up new possibilities.
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Network. Don't forget to develop relationships with other coaches and experts in the field. Learn from other coaches and seek their advice. You will have the experience to offer support to coaches just starting their journey.
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Never stop learning. Never stop learning. Read books, articles and blogs about the field. You can learn more about the psychology and human behavior of people, as well as communication skills.
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Be positive. Negative coaching is one of the biggest mistakes new coaches make. Always remember that a successful life coach has a positive attitude. Your words and actions will reflect on your clients. Be positive and smile.
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Practice patience. As we mentioned, the first year as a coach is often the hardest. Take breaks and remember why you made the decision to become life coaches.
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Enjoy the process. While it can seem like an endless journey ahead, the rewards far exceed the challenges. Along the way you'll meet some amazing people and will also learn a lot.
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Have fun. Enjoy the ride. Have fun.