30 min listen
142-One Possible Business Model For an Ethical Financial Planning Practice Serving Middle-Income Families
142-One Possible Business Model For an Ethical Financial Planning Practice Serving Middle-Income Families
ratings:
Length:
85 minutes
Released:
Jan 29, 2015
Format:
Podcast episode
Description
I designed a potential financial planning practice structure a year or so ago. It has been my backup plan if Radical Personal Finance were unable to be financially productive. (It's probably still a backup of a backup.)
In light of the Episode 139: "My Advice for People Interested In Getting Into Financial Planning," I decided to follow up with some specific ideas for a practice I considered creating.
Here are my ideas.
The show includes a discussion of:
The problem of providing planning for middle-income households
The idea of a planning model for a monthly fee
How to align advisor and client incentives
The benefits of a virtual financial planning meeting
The importance of having a clear marketing plan for your practice
Ideas for building trust
The importance of demonstrating expertise
The importance of a niche market focus
Limitations on income with this model
Enjoy the show!
Links:
XY Planning Network
In light of the Episode 139: "My Advice for People Interested In Getting Into Financial Planning," I decided to follow up with some specific ideas for a practice I considered creating.
Here are my ideas.
The show includes a discussion of:
The problem of providing planning for middle-income households
The idea of a planning model for a monthly fee
How to align advisor and client incentives
The benefits of a virtual financial planning meeting
The importance of having a clear marketing plan for your practice
Ideas for building trust
The importance of demonstrating expertise
The importance of a niche market focus
Limitations on income with this model
Enjoy the show!
Links:
XY Planning Network
Released:
Jan 29, 2015
Format:
Podcast episode
Titles in the series (100)
RPF 0001 – Welcome to the Radical Personal Finance Podcast!: A brief introduction to the Radical Personal Finance Podcast, its purpose and goals, and an introduction to your host, Joshua Sheats. by Radical Personal Finance