The value provided by a financial advisor is much greater than what shows up on a quarterly investment report. The trouble with trying to measure a financial advisor’s value is it’s not easy to measure and it’s also not necessarily easy for clients to identify. I asked my good friend Adam Cmejla to join me for a conversation about what…
Earlier this summer a friend of mine asked me if I would meet with one of his friends who was in graduate school studying finance to talk about being a financial advisor. Without hesitation, I said yes–I am so glad I did. I was immediately impressed when I met Franqlin, who is a father, a personal trainer running a gym,…
Last week was a busy week; I spent Sunday through Wednesday at the XY Planning Network’s annual conference, XYPN Live. I followed that up with a trip to Pennsylvania the March For The Fallen fundraiser–I’ll have a post talking about each event in the coming days, but in the meantime, I wanted to have my buddy Isaiah Douglass, founder of…
Ten years ago this week it appeared our financial system was about to collapse; Lehman Brothers filed for bankruptcy, Bank of America purchased Merrill Lynch, and AIG had to be bailed out by the U.S. government and taxpayers–all of that occurred on just Monday and Tuesday. I asked my pal, Andrew Thrasher, to stop by on the way to the gym…
Last week I came across an article referenced by Michael Kitces discussing the recent IPO of Focus Financial, a large Registered Investment Advisor. Focus Financial raised $500 million in its initial public offering, which will be used to purchase up to 500 smaller RIA firms as it attempts to grow via acquisition. Although growing via acquisition isn’t my ideal growth strategy, I don’t…
I’ve met some incredible people thanks to Twitter, and my pal Joe Kolb is one of those people. Joe made the trip all the way from Rhode Island to talk a little shop with me; well, he actually was going to St. Louis to meet with a client, but he made the trip from the STL to Fishers, IN and…