The Perfect RIA

Business & Economics Podcasts

The Perfect RIA (TPR) is a financial advisor practice that delivers massive value to clients, operates with hyper effectiveness, and enjoys a life of passion. More specifically, TPRs deliver value allowing them to charge above average fees, have systems that deliver a return on time north of $1,000 an hour, and balances this with spending multiple months each year living a life of passion. This is not theory, but rather systems that have been proven again and again to create The Perfect RIA.

Location:

United States

Description:

The Perfect RIA (TPR) is a financial advisor practice that delivers massive value to clients, operates with hyper effectiveness, and enjoys a life of passion. More specifically, TPRs deliver value allowing them to charge above average fees, have systems that deliver a return on time north of $1,000 an hour, and balances this with spending multiple months each year living a life of passion. This is not theory, but rather systems that have been proven again and again to create The Perfect RIA.

Language:

English


Episodes

What Works Wednesday - Graduating Clients and Implementing Surge With Chris Michalman

2/1/2023
Sometimes, in order to make extreme changes in your practice, it takes a mastermind and extreme accountability to push you toward those changes. On this episode, Matt is joined by Chris Michalman of Integrated Financial Partners in Derry, NH, to talk about how he first implemented surge in his practice and his experience in graduating clients. Matt and Chris will share the emotional aspect that goes along with transitioning clients while knowing that it’s in their best interest, and also...

Duration:00:21:31

What If You HAD To Double Your Productivity?!? [Episode 189]

1/30/2023
We all have the same 24 hours in a day. Because of this, we also have the opportunity to reset every single day to determine how to spend those hours and choose to double productivity and crush the day. In this episode, Matt and Micah discuss their top recommendations for how you can improve your productivity. It’s easy to let small moments distract you from your work, but that time adds up and takes away from your productivity. Listen in as they share how some small but sometimes painful...

Duration:00:28:25

Follow Up Friday - The Goal Of The Perfect RIA

1/27/2023
Are you having real, authentic conversations and discussions about what is working in your practice and do you have someone who will tell you when what you’re doing isn’t working? If you work in a multigenerational practice, at what point should you start looking at succession planning? Are you telling yourself that everything you do is for your family and then nothing putting them first? Listen in as we recap the highlights and action items from this week’s episodes. Listen to this week's...

Duration:00:12:45

Worlds to Conquer - Getting Uncomfortable With Your Goals

1/26/2023
Do you say and believe that everything that you do is for your family, and then not include them in your plans or put your goals ahead of them? On today’s episode, Jamie gets into questions you need to ask yourself to fully understand whether you’re being true to yourself and putting your family first. She’ll also provide guidance on ways to involve your family in your plans, as well as why it’s important to have your family create their own goals. http://bit.ly/3kjI0Ud

Duration:00:37:24

What Works Wednesday - Deal Structures and Trends In The M&A Market

1/25/2023
What happens when a senior advisor is looking to sell their practice to a junior advisor, but there’s a large gap between the firm’s valuation and the advisor’s income? On today’s What Works Wednesday, Matt is joined by Harris Baltch from Dynasty Financial Partners to share his recommendations for advisors who may be considering selling their practice, as well as an advisor who may be considering buying in the future. Harris will also discuss the importance of CEOs being educated and why...

Duration:00:23:08

The Goal Of The Perfect RIA [Episode 188]

1/23/2023
Through the success of their own practices and in looking at other rockstar advisors, Matt and Micah have learned that there are similarities and a consistent formula for success. The Perfect RIA was created to share that message and encourage advisors to be authentic and transparent. On today’s episode, Matt and Micah discuss the mission of The Perfect RIA and the importance of surrounding yourself with others who aren’t just there to pat you on the back. Listen in as they share how even...

Duration:00:25:22

Follow Up Friday - Why Is Playing Office Such An Evil?!?

1/20/2023
How do you determine whether your activities are propelling you forward or just playing office? What are some lessons for advisors who have recently started their own RIA? Have you taken an inventory of repeatable processes, and what plans are you taking to achieve your goals? Listen in as we recap this week’s highlights and action items. Listen to this week's episodes: Why Is Playing Office Such An Evil?!? [ Episode 187] What Works Wednesday - Insight Into The First Year Of An RIA With...

Duration:00:12:06

Worlds to Conquer - Goals And Productivity

1/19/2023
Do processes and procedures exist in your own mind or are you taking the time to write it down so that you team knows what to do? How often do you spend time looking out the window at what others have versus looking at yourself to see how you can achieve your goals? How do you handle failures, which are inevitable in life? On today’s episode, Jamie goes through steps to increase your productivity and further help you towards reaching your goals. http://bit.ly/3GHYwGg

Duration:00:29:30

What Works Wednesday - Insight Into The First Year Of An RIA With Nick Covyeau

1/18/2023
When making a move to start your own RIA, what will help you determine what type of practice you want to have and who you want to work with? In today’s episode, Matt is joined by Nick Covyeau of Swell Financial to share his experience during his first year of starting his RIA. Nick will share the importance of determining and focusing on your niche, as well as how he’s focusing on client onboarding and creating meeting standards for both clients and prospects. Nick will also share how he...

Duration:00:18:52

Why Is Playing Office Such An Evil?!? [Episode 187]

1/16/2023
Do you think playing office means that you’re at your desk playing solitaire? We all need downtime, and we all play office, but what’s more important is whether you are performing your productive activities first, those that will move the needle, or if you’re spending your day ‘researching.’ On today’s episode, Matt and Micah discuss one of their biggest pet peeves with advisors who play office but also claim they are too busy. Listen in as they share what to look for in your day-to-day...

Duration:00:26:14

Follow Up Friday - Tax Planning In 2023

1/13/2023
What end of the spectrum are you planning to be on in terms of adding value through tax planning with your clients? How do you start creating and implementing processes so you’re not constantly reinventing the wheel? How many times are you interrupted by notifications and messages? Listen in as we cover this week’s highlights and action items. Listen to this week's episodes: Tax Planning In 2023 [Episode 186] What Works Wednesday - Creating Systems and Processes With Cameo...

Duration:00:13:08

Worlds to Conquer - Goal Setting: Email And Chat

1/12/2023
Instant messaging is an all-day meeting with random people invited and no agenda. Does this help you to be productive and meet your goals, and does this help your team do the same? In today’s episode, Jamie shares the reason for boundaries and why you need to be purposeful with your time. She’ll also share why you need to help your team members be intentional with their day and not let notifications and messages distract and interrupt their productivity. http://bit.ly/3YTiHYR

Duration:00:27:05

What Works Wednesday - Creating Systems and Processes With Cameo Roberson

1/11/2023
As an advisor, you are responsible for coordinating and understanding how everything is connected between you, your clients, and the custodian. On today’s episode, Matt is joined by Cameo Roberson from Atlas Park Consulting to share why having systems and processes in place are vital to your growth. They’ll discuss how you need to know how you communicate with the custodian and why professional pushback is ok. Cameo will also provide her recommendations for steps to follow in order to create...

Duration:00:17:31

Tax Planning In 2023 [Episode 186]

1/9/2023
Willpower is not enough! If you’re familiar with this statement, then what is your plan to make 2023 your best year ever? On today’s episode, Matt and Micah take a look at how you can kick off the year by adding value to your clients through tax planning. There are numerous tax planning opportunities, and while you don’t need to take on everything the first time, tax planning is becoming more predominant in the industry, and you don’t want to get left behind. Listen in as Matt and Micah...

Duration:00:31:22

Follow Up Friday - You Are Playing Office, Here’s How To Tell

1/6/2023
How often do you find yourself saying that you’re at capacity and how realistic are the numbers you associate with your practice? How do you handle challenging situations as well as overcoming negativity? When you are looking at setting up your goals, how big are those goals, and are you creating a plan to achieve them? Listen in as we recap this week’s highlights and action items. Listen to this weeks episodes: You Are Playing Office, Here’s How To Tell [Episode 185] What Works Wednesday...

Duration:00:10:59

Worlds to Conquer - Goal Setting

1/5/2023
When looking at your next goals, do you have a plan in place and think about all the actionable steps to meet your goal, or is it just a wish? On today’s episode, Jamie will take you through a step-by-step process of figuring out what that goal should be (hint: it should scare you) and how to make it a reality. http://bit.ly/3jqUF7m

Duration:00:36:08

What Works Wednesday - Focusing On Positivity With Rich Chen

1/4/2023
Each one of us has challenges that we face throughout our lives, and it’s easy to get swept up in the negativity and head trash. On today’s episode, Matt is joined again by attorney Rich Chen to share his experience growing up blind and how he overcame his own challenges by focusing on positivity, surrounding himself with positive influences, and tuning out negativity. Rich will also share how there is too much fear of failure and, instead, it’s important to dream big by focusing on one step...

Duration:00:21:19

You Are Playing Office, Here’s How To Tell [Episode 185]

1/2/2023
It’s easy to say and assume that you’re at capacity, because what else are you doing with all your time? But if you’re claiming that you’re researching and just too busy, then we’re here to tell you that you’ve been drinking your own Kool-Aid. On today’s episode, Matt and Micah discuss how by looking at your REAL numbers or having someone else call you out on what you claim your real numbers are, you will have the opportunity to truly discover how much office you’re really playing…and how to...

Duration:00:28:19

Follow Up Friday - Was 2022 Your Best Year Ever?

12/30/2022
When you look to your goals for the next year, are you being specific and intentional about them? As an advisor, what lessons do you focus on for the day-to-day strategies of your business, and what’s the importance of your time and value? What is important to consider when implementing a transition within your office and communicating that to your clients? Listen in as we recap this week’s highlights and action items. This week's episodes: Was 2022 Your Best Year Ever? [Episode 184] What...

Duration:00:12:11

Worlds to Conquer - Family Offices Q&A

12/29/2022
In the fourth and final episode on family offices, Jamie wraps up by sharing questions from advisors on how to handle transitions within a multigenerational practice. Jamie will provide her experience and thoughts on who should attend client meetings, agreements on commission and revenue, how to inform clients, and whether a coach is helpful. If you missed Jamie’s prior episodes on this topic, be sure to listen to them here: Worlds To Conquer - Family Offices Words To Conquer - Family...

Duration:00:40:42