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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 0007 – Strategies to Achieve Financial Independence at an Early Age – an interview with Brandon, the Mad Fientist: Today, we have an in-depth conversation with Brandon, the Mad Fientist. If all goes according to plan, Brandon should have enough money by the end of next year (2014) to never have to work again. He will be in his early 30s. - by Radical Personal Finance