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The Michael Kitces Podcast - A Great Resource For Financial Advisors



life coaching topics

You may have heard about the Michael Kitces Podcast. Michael Kitces hosts it, a podcast that celebrates financial advisor success. Interviews are given by experts such as Anna N'Jie Konte (James Bogart) and Anna N'Jie Konte (some of the best financial advisors around). It's an excellent resource to help you find the best advice for your firm.

Michael Kitces

Michael Kitces is a financial planner and co-founder with XY Planning Network. Kitces and Carl are also his podcast producers. They have a large following in financial advisor circles. Kitces is a self-described "lifelong learner" and holds degrees and certifications in accounting, finance, taxes, and financial planning.

His podcast aims to help financial advisors become successful. Episodes feature stories from successful financial advisers. They also dive deep into the inner workings in the advisory industry. He co-founded AdvicePay Network, XY Planning Network, and a blog that he writes for advisors.

Carl Richards

Michael Kitces (Carl Richards) and Michael Kitces (Michael Kitces) discuss how it is important to incorporate "what if?" scenarios in financial planning. They discuss the importance of trusting and communicating with clients in order to keep clients engaged and confident. This podcast will benefit you whether you are a financial adviser or you just want to learn about investing.


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Carl Richards is a Certified Financial Advisor and a Financial Advisor Communication Specialist. He has published two books as well as a New York Times popular sketch column. In addition to hosting the Kitces podcast podcast, he also hosts the Behavior Gap radio podcast along with Michael Kitces, a financial planning expert.

Anna N'Jie-Konte

We have all heard of the terms "cofounder" and "cocreator" before. These two terms are essentially synonymous. But in Anna's world, they mean different things. Anna is a first-generation American who started her own business from scratch. She measures success based on the satisfaction she receives from her work. She is passionate about what she does, and she can't believe she gets paid for it.


Anna wanted more freedom as she worked for a broker/dealer. She also wanted to spend more time with family. She decided to leave the company she was employed at and start her own business. She soon realized she could use podcast appearances as a way to reach more potential clients. She realized that it was crucial to take a chance in the financial industry.

Stacey McKinnon

Stacey McKinnon manages Morton Capital as Chief Operating officer. Morton Capital is an independent RIA based in Los Angeles. More than 50 people work for her company, which has nearly $2B in AUM. She has dedicated her career to creating an environment that encourages people to thrive. McKinnon is a Lake Tahoe native with a varied background. She was previously a wedding coordinator. She's climbed the corporate ladder to become Morton’s Chief Operations Officer.

Stacey stresses the importance of culture fit and personality when she talks about hiring. Instead of looking for a "one size fits all" solution for everyone, she says hiring for personality is the best way to build trust and build a team.


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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 is a well-known blogger and industry thought leader. He discusses the shift from being product-centric to becoming advice-centric in financial services.

The XY Planning Network for younger advisors is a brand new network that focuses on financial planning. He and his team want to create a new career path for advisors. In the past, advisors of any age had to sell their products to others and work in firms with wealthy clients to make it into the industry. AUM requirements mean that they must be part a large firm.


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FAQ

How many clients should life coaches have?

You, as a coach should always strive to improve yourself. It is important to learn and grow so that you are an expert on your own. You'll always be ready to help others.

Your goal is to build solid businesses by building strong foundations. This requires you to understand yourself and your best operating methods.

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

Aim for at least 5-10 clients. If you are doing well, 100+ clients may be possible.


What is an average cost of a Life Coach?

A life coach charges typically $100-$500 per hour.

The average time they spend working on a client's case varies from two weeks to several months, depending on the coaching you are looking for.

A typical fee includes an initial consultation and assessment, followed by weekly phone calls and/or Skype sessions to discuss progress and plan future steps.

Life coaches provide support and guidance, as well.


What is the difference between life coaching and counseling?

Counseling is a way to help clients solve personal problems. Life Coaching helps clients develop skills that will allow them to succeed in all aspects of their lives.

Counseling can be a private service that involves you meeting with a therapist to help you solve specific problems.

Life Coaching can be a group service in which you meet with others to help each other improve as individuals.

Life coaching is usually done over the phone or online, whereas counseling is usually done face-to-face.

Life coaching focuses on developing skills and positive habits in order to help you reach your goals. Counselors focus on current issues.

Counseling and life coaching are different in that they treat problems while life coaches help people move past their problems to live a fulfilled life.



Statistics

  • These enhanced coping skills, in turn, predicted increased positive emotions over time (Fredrickson & Joiner 2002). (leaders.com)
  • According to relationship researcher John Gottman, happy couples have a ratio of 5 positive interactions or feelings for every 1 negative interaction or feeling. (amherst.edu)
  • This also doesn't mean that the give-and-take in a relationship is always 100% equal. (verywellmind.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)



External Links

inlpcenter.org


coachingfederation.org


tonyrobbins.com


ncbi.nlm.nih.gov




How To

What are the problems that life coaches help solve?

Life coaching is an effective way for people to deal with personal issues such as depression, anxiety, stress, relationship difficulties, career challenges, self-doubt, etc. Clients are helped to identify their goals and then created strategies to achieve them.

Life coaching has many benefits for clients. They learn how to:

  • Identify what is important for them
  • Set goals
  • Be better at understanding yourself
  • Create positive habits
  • Manage stress
  • Focus on their needs
  • Find solutions to problems
  • Learn new skills
  • Change negative patterns
  • Have more fun
  • Be more productive
  • You have the power to change their lives
  • Overcome obstacles
  • Develop good communication skills
  • Increase your relationships
  • It is possible to cope effectively with difficult situations
  • Live a happier, healthier life
  • Feel more confident
  • Make rational decisions
  • Create meaningful experiences
  • You can achieve greater levels of success
  • Spiritual growth
  • Enhance their physical health
  • Increase your longevity
  • Reduce your chance of getting sick
  • Get emotionally stronger
  • Gain insight into their behaviours
  • Be free from bad habits
  • You can achieve balance between work/play
  • Enjoy life more
  • Enjoy more joy
  • Live a richer life
  • Be more productive
  • Forward
  • How to deal with stress better
  • Mental clarity can be improved
  • Heal from past trauma
  • Turn negatives into positives
  • Transform limiting beliefs




 



The Michael Kitces Podcast - A Great Resource For Financial Advisors