New Planner Podcast

This week Caleb is flying solo behind the mic to bring you some relevant compensation data points on some of the candidates we recently placed. We want to share this with you because there is a shortage of compensation data available in the profession and it will hopefully give you a better understanding of what level of compensation you can command in the marketplace. Listen in as Caleb walks through the offers for these associate financial planner roles for new college graduates all the way up to someone with 10 years of experience. This is a great profession if you want to help people and make money doing it, so tune in to see what type of earnings are possible at various early stages in your career. You can find show notes and more information by clicking here: https://bit.ly/3f6wVPH

Today we have two special guests from Omega Wealth Management: Lisa Kirchenbauer, Founder and President, as well as Jared Jones, Lead Advisor and Director. In this episode, Lisa discusses starting her own firm in 1999 under the broker-dealer model, eventually transitioning to a fee-only RIA so she could provide financial planning services the way she truly wanted to. You will also hear Jared touch on several of the core values of the firm, specifically focusing on the important balance between emotional intelligence and technical intelligence. Listen in as Lisa describes the causes for her frequent turnover prior to hiring Jared and how she changed her mindset, improving her managerial skillset. If you are curious about a life planning approach to financial planning with your clients, or you are looking for a way to create a more meaningful relationship with your clients, this is the episode for you. You can find show notes and more information by clicking here: https://bit.ly/3kTtnCk

At just 25 years old, Ben Jacobs is already a Senior Financial Planner at Elwood & Goetz Wealth Advisory, managing several team members and leading the 401(k) retirement planning division for the firm. Today he joins the show to discuss the interview process he went through to get hired at his firm and what helped him grow his confidence and skills. Listen in as Ben shares how he caught the eye of a senior planner at a conference through winning a social media contest, as well as why he pursued the CFP, AIF, and EA credentials. You will learn how he overcame older clients pushing back about his age and why he credits NAPFA Genesis with his success thus far. If you are a young planner searching for a way to get started, this is the episode for you. You can find show notes and more information by clicking here: https://bit.ly/35KQFnN

Joey Stemmle's love and fascination with money blossomed from a young age, when his mother taught him how to not only save money but invest it, as well. He is now a financial advisor for Riverstone Wealth Advisory Group, located in Midlothian, Virginia. In this episode, Joey shares his advice for job seekers and the best way to go about maximizing your networking. Listen in as he shares what the financial planning association Nexgen group is all about and how it played an integral role in his career and ongoing development. You will learn how he manages his time efficiently, what he loves most about the Nexgen community, and more. If you are looking to build your leadership skills, this episode is for you. You can find show notes and more information by clicking here: https://bit.ly/3jnE7HJ

Jim Miller of Woodward Financial Advisors joins the show today to discuss how the flat fee model works and what made him decide to go that route. He also shares his experiences and insight on buying out a firm, switching financial models, retaining clients, acquiring new clients, and bringing on the right team members. Listen in to hear the details of Jim's early years in the industry and how he navigated various challenges and hurdles that came his way. You'll learn the mechanics of buying an existing firm, the process of moving from an AUM model to a flat fee model, and more. You can find show notes and more information by clicking here: https://bit.ly/31dnisC

Geof Brown is the CEO of The National Association of Personal Financial Advisors (NAPFA), the nation's leading organization of fee-only comprehensive financial planning professionals. Today he joins the show to discuss NAPFA's mission, as well as its history and why people should look into joining NAPFA—no matter what stage of their career they're in. He also shares the current membership status and future growth goals, including his vision for the organization going forward. Listen in as Geof explains how the NAPFA Genesis community within the organization helps to ensure new planners and fee-only firms are successful. You will hear his thoughts on the future of the profession and how to attract more diverse and inclusive candidates. If you are employed in or are considering a career in a fee-only firm, this episode is for you. You can find show notes and more information by clicking here: https://bit.ly/2GxGSJc

Today Kyra Morris and Tiffany Ritchie of Morris Financial Concepts join the show. Kyra and Tiffany work with the rest of their team to serve 250 clients with over $280 million in AUM, and in this episode, they share how having families while running a successful firm has worked for them, as well as the challenges they have faced along the way. Listen in as they explain how they were connected and why Tiffany ultimately chose Kyra's offer of employment. You will learn the importance of the firm's values and culture and how Kyra mentored Tiffany, allowing her to gain confidence with clients. If you're an aspiring female financial planner that might be hesitant to enter a currently male-dominated profession, this is the episode for you! You can find show notes and more information by clicking here: https://bit.ly/36rn2JY

Mario Nardone is a partner at East Bay Financial Services, where he focuses on the investment-related aspects of advisors' planning practices so they can focus on their clients and growing their businesses. Today he joins the show to share how he got into the profession, what made him decide to join an investment company straight out of school, and how he differentiated himself from other candidates from other schools. Listen in as Mario opens up about choosing to pursue the CFA designation, as well as what he attributes to propelling his career forward. You will learn how he secured a position at a fee-only registered investment advisor and what he looks for when making hires. If you are considering a career more geared toward investment management, don't miss this episode! You can find show notes and more information by clicking here: https://bit.ly/334fw5L

Chloé Moore is the founder of Financial Staples, where she focuses on making financial planning and guidance accessible to the busy young professional. She has been speaking at Caleb's financial classes for several years now, and with over 15 years of experience in the financial services industry, she really knows her stuff. Today she joins the show to share her journey into the career path she has carved out for herself, including her college experience and the initial interview process for securing her first position. Listen in as Chloé gives career seekers and entrepreneurs advice on starting out in the industry and opens up about what she would have done differently in her first job search. You will learn the obstacles she faced as a young woman of color and the negative experience that pushed her to publish a piece about racism in the office. If you feel like you are stuck in your career and need a boost, this is the episode for you. You can find show notes and more information by clicking here: https://bit.ly/33WlLba

Welcome to the New Planner Podcast, where it's all about helping you successfully enter the financial planning profession and accelerate your financial planning career. Each week, your host Caleb Brown will explore the human side of creating a successful planning career through interviews, personal experience, and insights from the trenches to help you become familiar with the various career paths available to you and avoid the mistakes that limit your success. In this opening episode, Yusuf Abugideiri and Bryan Hasling join the show to discuss all the ins and outs of ownership within a firm, as well as why partnership is not a get-rich-quick scheme but a long-term game. Listen in to learn the sacrifices that are required when becoming a business owner, the importance of trust between you and your business partner, and more. You can find show notes and more information by clicking here: https://bit.ly/35RgMLc