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The Michael Kitces Podcast: A great resource for financial advisors



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You might have heard of the Michael Kitces podcast. Michael Kitces hosts the podcast. It features interviews with experts such as James Bogart and Anna N'Jie-Konte, as well as some of the world's top financial advisors. It's an excellent resource to help you find the best advice for your firm.

Michael Kitces

Michael Kitces co-founded XY Planning Network and is a certified financial advisor. He is also the producer of the Kitces & Carl podcast, which has gained a solid following in the financial advisor community. Kitces, a self-proclaimed lifelong learner who holds degrees in accounting, finance, and taxation and is a Chartered Financial Consultant.

His podcast aims help financial advisors be successful. The episodes feature stories from successful financial advisors and take a deep dive into the inner workings of the advisory world. He co-founded AdvicePay Network, XY Planning Network, and a blog that he writes for advisors.

Carl Richards

Michael Kitces and Carl Richards talk about the importance of including relevant "what if?" scenarios into financial planning. They discuss the importance of trusting and communicating with clients in order to keep clients engaged and confident. This podcast is great for anyone interested in investing.


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Carl Richards, a Certified Financial Planner, is also a Financial Advisor Communication Expert. He has authored two books and a popular sketch column in the New York Times. He cohosts the Kitces podcast with Michael Kitces, the financial planning guru.

Anna N'Jie-Konte

We've all heard the expressions "co-founder", "cocreator" many times before. These two terms are in essence synonymous. However, Anna uses them to mean two different things. Anna, a first-generation American, started her own company from scratch. She measures success in the satisfaction she experiences from her work. She loves what she does and can't believe that she gets paid for it.


Anna wanted more freedom and time with her family while she was working for a broker-dealer. To start her own company, Anna quit the broker-dealer that she was with. She realized that podcast appearances could be leveraged to reach more people. She also saw the importance of taking a chance in financial markets.

Stacey McKinnon

Stacey McKinnon, Chief Operating Officer of Morton Capital is an independent RIA in Los Angeles' suburbs. 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 hails from Lake Tahoe in Northern California and has many diverse experiences. McKinnon was previously a wedding planner and ran a Pilates class. She has risen up the corporate ladder to become Morton’s Chief Operating Officer.

Stacey stresses the importance of culture fit and personality when she talks about hiring. Stacey says that instead of trying to find a solution for everyone, hiring for one's personality is the best way build trust and build a community.


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XY Planning Network

Michael Kitces's XY Planning Network podcast makes a great podcast for financial planning. He's a respected industry leader and popular blogger. He talks about the seismic shift in financial service from advice-centric to product-centric.

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 must also be met, so advisers need to work for a large firm.


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FAQ

What do life coaches focus on?

The ability to support people to develop their strengths and talents to achieve their goals.

Understand how they think, what motivates them, and where they go wrong. To help them solve their problems.

To empower them to have control over their lives and give them self-belief.

To help them make better decisions and move forward.

Teach them how happiness, health, fulfillment, and success can all be achieved.

To help them develop practical communication skills.

To encourage them to build strong relationships.

To show them how to manage their time effectively.

To help them learn how to motivate themselves as well as others.

To model leadership.


What does a coach do for life?

By focusing on the most important things to you, a life coach will help you live happier, healthier, and fulfilled lives. They help you define your goals and design strategies to reach them. They are also there to support you and guide you through difficult times.

They are there to help you with any questions or concerns, whether it's helping you plan a wedding or giving career advice during job interviews.

A life coach is more than just a guide. They will help you make better decisions and build stronger relationships.


Will a life coach help me lose weight?

Although a life coach can help you lose weight, they won't be able to help you with your diet. A life coach can offer advice on how to reduce stress levels and build healthier habits.

This means that you can have a life coach to help you make positive changes in life like eating healthier, less alcohol, exercising more and better managing your personal time.


What will I gain from my life coach session?

We will discuss your goals and needs during your first life coaching session. Then we'll discuss your goals and identify the obstacles to reaching them. After identifying the problem areas, we will create a plan of actions to help you achieve your goals.

We will keep you informed every month, to ensure that everything is going according to plan. We are happy to help you with any questions.

We are here as your guide throughout this process. You'll always feel supported.


What are the steps for life coaching?

Coaching is more than helping people solve problems. It's about helping them find their passions and use these passions to make a difference in the lives of others.

Life coaching helps you identify what matters most and gives you the skills to create the kind of life you want. It will help you take control your future by helping to identify who you truly are and what you want.

Additionally, coaching allows you to gain an understanding of yourself, others and your own behavior. This leads to greater self-awareness as well empathy, which are two crucial qualities for a healthy and happy relationship. Coaching provides tools to help you become a better friend, parent, mentor, and partner.


What is the difference in a life coach and therapy?

A life coach will help you to live a better lifestyle. A life coach helps you manage your emotions and behavior to improve your relationships. They are not there to make people feel better. It's their goal to help them do this themselves.

A therapist specializes in helping someone who is struggling with emotional issues such as depression, anxiety, and trauma. These issues are understood by therapists, who can then provide treatment for them.

Although life coaches are trained in treating mental illnesses, they work with individuals. Life coaches often have some experience working alongside people who struggle with anxiety, depression, and other mental disorders.



Statistics

  • Needing to be 100% positive and committed for every client regardless of what is happening in your own personal life (careerexplorer.com)
  • According to a study from 2017, one of the main reasons for long-term couples splitting up was that one of the partners was no longer showing enough affection and attention to the other. (medicalnewstoday.com)
  • People with healthy relationships have better health outcomes, are more likely to engage in healthy behaviors, and have a decreased mortality risk.1 (verywellmind.com)
  • Life coaches rank in the 95th percentile of careers for satisfaction scores. (careerexplorer.com)
  • This also doesn't mean that the give-and-take in a relationship is always 100% equal. (verywellmind.com)



External Links

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verywellmind.com


coachingfederation.org


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How To

How to become Life Coach

The most asked question online is "How do I become a coach?" There are many routes to becoming a Life Coach, but these steps will help you get started as a professional.

  1. Find out what you want to do. Before you can pursue any career, your passions and interests must be known. Getting into coaching is very easy if you don't know what you want to do yet. Think about why you are interested in this profession before looking at other options. If you find yourself thinking, "I would like to help people" then look up how to become a life coach.
  2. You should create a plan. Once you know your goals, you can create a plan. Read books and learn about the profession. Keep track of everything you learn so you can refer to them whenever you need. Don't rush to get things done without a clear goal and vision. Set realistic goals that can be achieved over the next few year.
  3. Be patient. It takes patience and dedication to become a life coach. The hardest year is often the first. The initial training period will require you to spend approximately 2-4 hours per work week with clients. This could mean you have to work many hours on weekends and nights. But if you love what it is, you'll never feel tired, even after you work 14 hours per day.
  4. Get certified. To become a licensed life coach, you will need certification from a recognized organization such as NLP Certification Institute (NLCI). Your certification will increase your credibility and open doors to other opportunities.
  5. Network. Don't forget to develop relationships with other coaches and experts in the field. Learn from other coaches and seek their advice. You will have the experience to offer support to coaches just starting their journey.
  6. Continue learning. Never stop learning. Explore books, blogs and articles about the field. Learn more about human behavior, psychology, communication skills, etc.
  7. Keep your head up. Negative attitude is the number one mistake made by new coaches. Remember that a successful life coach always has a positive attitude. Your words and actions can reflect on your clients. Remember to smile and have a positive outlook!
  8. Practice patience. As I mentioned earlier, the first one year of life coaching is often the hardest. Take breaks now and then and remind yourself why you decided to become a life coach in the first place.
  9. Enjoy the journey. Yes, it may seem like a never-ending road ahead of you, but the rewards far outweigh the challenges. You'll make amazing friends and you'll also gain personal growth.
  10. Have fun. Enjoy the ride. Enjoy the ride, but most importantly, have fun.




 



The Michael Kitces Podcast: A great resource for financial advisors