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The Michael Kitces Podcast: A great resource for financial advisors



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You might have heard about the Michael Kitces podcast. Michael Kitces hosts the podcast. It features interviews with experts like Anna N'Jie Konte as well as top financial advisors from around the globe. It is a valuable resource that will help your firm find the best advice.

Michael Kitces

Michael Kitces co-founded XY Planning Network and is a certified financial advisor. He is also the producer of the Kitces & Carl podcast, which has gained a solid following in the financial advisor community. Kitces, a self-proclaimed lifelong learner who holds degrees in accounting, finance, and taxation and is a Chartered Financial Consultant.

His podcast aims to help financial advisors become successful. The podcast's episodes feature stories of successful financial advisors. It also takes a deep dive into how the advisory community works. He co-founded AdvicePay Network, XY Planning Network, and a blog that he writes for advisors.

Carl Richards

Michael Kitces and Carl Richards talk about the importance of including relevant "what if?" scenarios into financial planning. They also discuss how important it is to build trust and communicate with clients to keep them engaged and confident. Whether you are a financial advisor or just want to learn more about investing, you can benefit from this podcast.


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Carl Richards has been certified as a Financial Advisor Communication expert and is a Certified Financial Planning Expert. He has authored two books and a popular sketch column in the New York Times. He cohosts the Kitces podcast with Michael Kitces, the financial planning guru.

Anna N'Jie-Konte

We have all heard of the terms "cofounder" and "cocreator" before. These two terms are almost synonymous. However, Anna uses them to mean two different things. Anna is a first-generation American woman who created her own business. She measures success by how satisfied she is with her work. She is passionate about what she does, and she can't believe she gets paid for it.


While working at a broker-dealer, Anna wanted to have more freedom and more time with her family. So she left the firm she was working for to start her own firm. She realized that podcast appearances could be leveraged to reach more people. She realized that it was crucial to take a chance in the financial industry.

Stacey McKinnon

Stacey McKinnon, Chief Operating Officer of Morton Capital is an independent RIA in Los Angeles' suburbs. Her firm manages nearly $2 billion in AUM and has more than 50 employees. She's committed her career to creating environments where people thrive and has a strong belief in the importance of positive leadership. McKinnon, a Lake Tahoe native, comes from a varied background. Her previous experience includes being a wedding coordinator and running a Pilates studio. Since then, she's successfully climbed the corporate ladder to become Morton's Chief Operating Officer.

Stacey insists on the importance and fit of culture and personality when discussing hiring. Stacey says that instead of trying to find a solution for everyone, hiring for one's personality is the best way build trust and build a community.


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XY Planning Network

Michael Kitces's XY Planning Network podcast will provide a great start if you're looking to listen to great podcasts about financial planning. He's an industry thought leader and a popular blogger. He discusses the shift from being product-centric to becoming advice-centric in financial services.

The XY Planning Network is a new financial planning network for younger advisors, and he and his team are focused on fostering a new career path for young advisors. To get into the industry, younger advisers needed to sell products and work for wealthy clients. AUM requirements must also be met, so advisers need to work for a large firm.


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FAQ

What does a relationship coach do?

A relationship coach assists you in building strong relationships.

They can help you better understand yourself, what others think about you, and how you are perceived by them. They will be there for you when it is most needed.

A relationship coach will also help clients understand the importance of self care and encourage them to take time to do things they love.

Relationship coaches have an in-depth understanding of human behavior and emotional intelligence. They can quickly spot problems and then respond accordingly.

Relationship coaches can be used at any time in your life.


How do you know if you need a life coach

You could benefit from extra help if it seems like you're not living your full potential. A good sign is if you've tried to achieve something in the past but didn't succeed. Maybe you are having trouble sticking with your goal long enough so that results can be seen.

If you have trouble managing all aspects your life (work, home, family and friends), then you might be suffering from stress-related burningout.

These are the challenges that life coaches can help you conquer.


How long will it take to see results?

Although you might not see immediate results after therapy begins, you will notice improvements in a few weeks. Your lifestyle changes will begin to take effect the faster you become consistent.

You might find yourself feeling less stressed, more confident and having greater peace of mind. These are just some of the ways your life can be improved if you shift your thinking and your behavior.


What is the average cost for a life coach?

A life coach typically charges $100-$500 for each session.

Their average time spent working with clients varies between two weeks and several months depending on what type of coaching they are seeking.

A typical cost includes an initial consultation with assessment, and then weekly phone calls and/or Skype conversations to discuss progress and plan for future steps.

Life coaches can provide guidance and support as well as help clients to set goals, identify problems, create strategies to overcome obstacles, and solve problems.


What can I expect to get from my Life Coaching session?

During your first session of life coaching, we will talk about your goals and needs. Then we'll discuss your goals and identify the obstacles to reaching them. Once we've identified the problem areas, we'll design a plan of action to help you reach your goals.

We will continue to follow up with you every other month to check if all is well. Let us know if you have any concerns.

We are here to assist you throughout the process. You will always feel supported.


How many clients should a Life Coach have?

You, as a coach should always strive to improve yourself. To be a coach, you must learn as much as you can and become an expert about yourself. This way, you are always ready to help others.

Your goal is to build a solid business by building a strong foundation. You must first know what you are good at and what drives you.

Once you know your motivations, it will be easier to motivate team members and clients.

You want to have at least 5-10 clients, but if you're doing well, you may have 100+ clients.



Statistics

  • Needing to be 100% positive and committed for every client regardless of what is happening in your own personal life (careerexplorer.com)
  • If you expect to get what you want 100% of the time in a relationship, you set yourself up for disappointment. (helpguide.org)
  • Life coaches rank in the 95th percentile of careers for satisfaction scores. (careerexplorer.com)
  • According to a study from 2017, one of the main reasons for long-term couples splitting up was that one of the partners was no longer showing enough affection and attention to the other. (medicalnewstoday.com)
  • This also doesn't mean that the give-and-take in a relationship is always 100% equal. (verywellmind.com)



External Links

ncbi.nlm.nih.gov


verywellmind.com


inlpcenter.org


doi.org




How To

What questions do life coaches ask?

Coaching others is a great method to improve your life. It is a great profession for those who wish to make a difference in the lives of others.

Life coaches are trained to listen to clients and understand their problems. They then guide them towards solutions. They can offer guidance in all areas of life, such as finances, relationships, parenting, nutrition and spirituality.

They can help with identifying issues that may be holding you back and helping you to develop strategies for overcoming them.

A life coach might suggest ways to improve your diet, exercise habits, social interactions, or other areas of your life.

A good coach will help you to find your own path and provide guidance on how to get started.

They may ask the following questions:

  • What are you looking for in life?
  • How do you feel each morning when you wake up?
  • Where would you like to be in five years?
  • Who do you admire? Why?
  • What makes you happy?
  • What does success look to you?
  • What are you afraid of?
  • What is your greatest strength?
  • What are some things you need to work on?
  • What is the one thing you wish your life had taught you before you set out on your journey?
  • Which three things do you enjoy most?
  • What are you grateful for?
  • What are your values?
  • What do you value most about yourself?
  • What are your worst qualities?
  • Are you able to identify the reasons you behave/feel certain ways?
  • Are there times when it feels like you are stuck?
  • Have you ever felt depressed?
  • What have you learned from this experience?
  • What do other people think about you?
  • What do you think about yourself?
  • How do others perceive you?
  • What does your family and friends think about you?
  • What was the most difficult thing for you?
  • What was the best piece you've ever heard?
  • What was your biggest mistake?
  • What do others expect from you?




 



The Michael Kitces Podcast: A great resource for financial advisors