Now is a great time to be entering the financial planning profession. There is so much change happening, and it’s giving advisors the opportunity to be disruptors.
Larry Miles, a Principal at AdvicePeriod, firmly believes that, to build a business, you have to be open to change. Unfortunately, many aspects of the wealth management profession are growing increasingly outdated. Through his work, Larry explores how advisors can focus on what really matters to clients - more planning, less investing and technology.
So many advisors are passionate about helping their clients. That’s the reason they’ve gotten into the financial planning business in the first place. However, when it comes to actually running their practice, they fall down. They aren’t adopting new technology, or updated ways of structuring their services.
They aren’t streamlining in a way that makes their lives easier and helps their work to shine. Larry wants to help change that by facilitating a conversation around disrupting the profession and growing advisors as financial planning professionals and business owners.
This episode is a must-listen for all RIA owners (or advisors who are feeling “stuck” in the antiquated practices of the RIA they contribute to). Larry tackles how to adopt revolutionary planning practices for your business, and where you can connect with like-minded advisors who all want to grow and make this profession the best it can be.
What You’ll Learn:
- What really matters to clients and how you can position yourself to deliver that to clients
- How technology impacts Larry’s view of financial planning - and how it could continue to grow the profession in the future
- Why Larry believes that AUM is an outdated pricing structure - and what he thinks advisors should do differently
- How to market yourself in a way that shares your passion and attracts your ideal clients and advisors who have shared values
- Where to find a community of advisors who are like minded and interested in being part of the next iteration of financial planning
- What it means to build enterprise value and how to do so