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XYPN Radio

Markets and Investing

XYPN Radio is dedicated to building a community of fee-only financial planners who are ready to make the dream of serving next-generation clients into a profitable and successful reality. With an honest and forward-thinking perspective, host Alan Moore, various guests, and occasional co-host Michael Kitces deliver insights and knowledge to advisors in the financial planning industry who want to build better businesses that serve Gen X and Gen Y clients. Through the expertise of leaders in the field and case studies from financial planners like you, the discovery of how you can serve your own generation to help them achieve their financial goals starts today. Featured Co-Host: Michael Kitces | Co-Founder of the XY Planning Network, and author of the popular blog www.Kitces.com joins in on occasion to bring his unique perspective to the show

XYPN Radio is dedicated to building a community of fee-only financial planners who are ready to make the dream of serving next-generation clients into a profitable and successful reality. With an honest and forward-thinking perspective, host Alan Moore, various guests, and occasional co-host Michael Kitces deliver insights and knowledge to advisors in the financial planning industry who want to build better businesses that serve Gen X and Gen Y clients. Through the expertise of leaders in the field and case studies from financial planners like you, the discovery of how you can serve your own generation to help them achieve their financial goals starts today. Featured Co-Host: Michael Kitces | Co-Founder of the XY Planning Network, and author of the popular blog www.Kitces.com joins in on occasion to bring his unique perspective to the show

Location:

United States

Description:

XYPN Radio is dedicated to building a community of fee-only financial planners who are ready to make the dream of serving next-generation clients into a profitable and successful reality. With an honest and forward-thinking perspective, host Alan Moore, various guests, and occasional co-host Michael Kitces deliver insights and knowledge to advisors in the financial planning industry who want to build better businesses that serve Gen X and Gen Y clients. Through the expertise of leaders in the field and case studies from financial planners like you, the discovery of how you can serve your own generation to help them achieve their financial goals starts today. Featured Co-Host: Michael Kitces | Co-Founder of the XY Planning Network, and author of the popular blog www.Kitces.com joins in on occasion to bring his unique perspective to the show

Language:

English


Episodes

Ep #257: The Experiences of Running a Newly Launched Firm During the 2008 Market Crash with Diana Bacon and Scott Bell

5/27/2020
We’re excited to have XYPN members Diana Bacon with FSG out of Dallas, TX, and Scott Bell with GDP Inc out of Manhattan Beach, CA on today's show. Both Diana and Scott started and grew their own RIAs during the 2008 recession. During this episode, we reminisce about their experiences getting started in the industry and their decision to go out on their own during such a tumultuous time in our history. You’ll also hear Diana and Scott share their advice about what to consider when starting a...

Duration:01:02:53

Ep #256: Navigating The Way Forward with XYPN’s Advisor Success Team

5/20/2020
This week, we’re changing things up and are excited to have XYPN coaches Emily Purdon, Arlene Moss, Carolyn Dalle-Molle and BB Webb on the podcast today. Once COVID-19 became recognized as a global pandemic, the XYPN team recognized that advisors were going to be facing new experiences, opportunities, and hardships. As we braced for a new reality, the XYPN Advisor Success team rolled out "The Way Forward", an initiative that leans on the expertise of all of these coaches to provide advisors...

Duration:01:05:36

Ep #255: Building A Deliberate Firm As An Introvert: The Career Of Chuck Donalies

5/13/2020
We’re thrilled to share the story of XYPN member, Chuck Donalies, on the show today. Chuck is the owner of Donalies Financial Planning, a fee-only firm in Washington DC. Chuck started his career in the biotech space, but while pursuing his MBA, he was drawn to financial planning. Shortly after graduating, Chuck changed careers by taking a position at a fee-only RIA—what he describes as the perfect entry point into this space. In today's episode, Chuck details his six-year journey developing...

Duration:00:58:18

Ep #254: Lessons and Similarities of Past Market Downturns: Advice from Kenneth Klabunde

5/6/2020
We’re excited to have XYPN member Kenneth Klabunde, founder of Precedent Asset Management, a fee-only firm in Indianapolis, IN, on the show today. Having previously been on #XYPNRadio nearly four years ago, when his firm was only three years old, Kenneth talks about his experience - specifically in today’s environment - how his company has been able to maintain strong revenue numbers through the recent market volatility, and finally how he and his team have been able to take on and serve new...

Duration:00:55:21

Ep #253: How to Communicate Authentically with Clients During a Time of Crisis

4/29/2020
We’re honored to have XYPN members Ian Bloom, Meg Bartelt, Brian Thompson and Leighann Miko on the show today as they talk about communicating authentically with clients during a time of crisis. This group of members have invested heavily into themselves, their business and their clients by engaging in the George Kinder’s “EVOKE® 5-Day Life Planning Training” program, where they learned the tenants and foundational principles of life planning, a process that has fundamentally changed the way...

Duration:01:00:43

Ep #252: The Importance of the Monthly Retainer Model and How It Withstands Market Volatility

4/22/2020
We are excited to have XYPN members Sean Gillespie and Paul Allen - founders of the fee-only firm Redeployment Wealth Strategies, located in Virginia Beach, VA - on the show today. Both Sean and Paul served in the Navy for over 20 years, and chose financial planning as their encore careers. We discuss at length how Sean and Paul teamed up to rebrand Paul’s RIA into their own three years ago after meeting by chance through a Facebook Group and how they began to serve their people: former and...

Duration:01:01:29

Ep #251: Making Advice Available in the Time of COVID-19

4/15/2020
On this special episode centered around COVID-19 and XYPN's pro bono effort, we are joined by long-time XYPN members Kevin Mahoney, founder and CEO of Illumint, and Dana Menard, founder and CEO of Twin Cities Wealth Strategies. Kevin and Dana, who have been running separate fee-only firms for several years, discuss how they have made their advice available on a pro bono basis for consumers around the country who have been impacted by the coronavirus global pandemic. You can find show...

Duration:01:02:05

Ep #250: Transitioning into a Family Business - The Career of Scott Weiss

4/8/2020
Scott Weiss is the owner of Weiss Financial Group, a fee only firm in Mahopac, NY. In today’s episode, we discuss Scott’s previous career as an art director in the magazine world, as well as why he decided to leave that industry and enter into the financial planning profession. Listen in as we delve into Scott’s story: what it was like joining a family firm, how they broke the business into a tax firm and a financial planning firm, the experience of earning his CFP®, and what he’s doing to...

Duration:00:55:07

Ep #249: 40 Years In The Industry and Still Loving It: An Interview with Martha Williams

4/1/2020
Martha Williams is the owner of Williams Wealth Services, a fee-only firm in Ann Arbor, MI. Like many advisors, Martha began her career in this industry, from the bank channel to broker-dealers and independent BDs to eventually running her own firm. Martha shares her journey with us and how the underlying desire to help people followed her with every career move she made. In 2017, she finally broke out on her own and was able to transition and continue to serve over 40 client households...

Duration:00:54:55

Ep #248: Learning to Love The Process: Scaling a Successful RIA While Still Enjoying Your Life - The Career of Trent Porter

3/25/2020
Trent Porter is the owner of Priority Financial Partners, a fee-only firm in Durango, CO. Trent began his career in this industry and, after graduating with a financial planning major, started his first RIA while still in his 20s. Trent provides an especially interesting perspective on the show today about having built not just one firm over the years, but two. Join us as we talk about his investment in networking and how it paid off big time as he progressed through his career, as well as...

Duration:00:54:48

Ep #247: Leveraging Technology and Broker-Dealer Experience - The Career of Cliff Downie

3/18/2020
Cliff Downie is the owner of Downie Financial Group, a fee-only firm in Orange County, California. Cliff has spent his career in this industry, going from Merrill Lynch to an independent big broker-dealer, and then ultimately becoming the owner of his own RIA. He joins the show today to discuss his unique perspective on running a firm that serves over 100 clients while still maintaining valuable time to spend with his wife and family. You can find show notes and more information by clicking...

Duration:00:56:57

Ep #246: From Investor Relations To Running A Completely Virtual RIA - The Career of Kelly Luethje

3/11/2020
Kelly Luethje is the owner of Willow Planning Group, a fee-only firm in Holderness, New Hampshire. Kelly spent most of her early career working in investor relations at a bio-tech company and after getting her own financial house in order she was drawn into Financial Planning industry. After working at another fee-only firm, she decided to start her own RIA and today she runs a completely virtual business with over 50 clients of her own. You can find show notes and more information by...

Duration:00:53:51

Ep #245 - From Corporate Life to Building a Lifestyle Practice - The Career of Joe Morgan

3/4/2020
Joe Morgan is the owner of Best Financial Life, a fee-only firm in Danville, California. Joe has spent his career on the corporate side of this industry and after nearly 20 years, he is experiencing the most joy he ever has - joy he credits to his firm. Today Joe joins the show to share his advice for advisors breaking out on their own and reminds us how great it can be when you push through the hardships of getting started. You can find show notes and more information by clicking here:...

Duration:00:57:53

Ep #244: Building a Progressive Team Culture with Amy Irvine & Rooted Planning Group

2/26/2020
Rooted Planning Group is a firm started by XYPN member Amy Irvine, and it consists of financial planners Kate Welker, Kerrie Beene, and Becky Partridge-Eason. Amy found herself hitting capacity a few years ago—both in terms of sanity and time—so she decided to start laying the foundation for what is now a four-person company. Today Amy and her team join the show to discuss their unique experiences joining a rapidly growing practice. You can find show notes and more information by clicking...

Duration:01:04:56

Ep #243: Mother of Three and Advisor to Forty: The Growth of Denise Downey’s Financial Trex

2/19/2020
Denise Downey is the owner of Financial Trex, a fee-only firm located in Spokane, Washington. One of the first 50 women to join XYPN, Denise has worked on the trading floors of the Chicago Stock Exchange, pursued her CFP, and gained a deep understanding of financial planning. Today she joins the show to discuss why she decided to move on from her 9-5 job to make time for her family and the lifestyle she wants to lead. You can find show notes and more information by clicking here:...

Duration:00:56:44

Ep #242: Film Production to a Lifestyle Firm: The Career Change of Rob Brown

2/12/2020
Today XYPN member Rob Brown, owner of Brownsboro Financial, joins the show. After starting his career in the film industry as a production manager, he craved something new and decided to start a career path as a financial advisor. In this episode, he describes the challenges of starting a new business, as well as what it's like running a business while being a first-time father. You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/242

Duration:00:48:50

Ep #241: Erik Klumpp - From Stay-At-Home Dad To Owning Three Businesses

2/5/2020
Erik Klumpp is the owner of Chessie Advisors, a fee-only firm in Rochester Hills, Michigan. After gaining invaluable experience at four different firms straight out of college, Erik built his practice from the ground up in 2014. Today he joins the show to talk about what pushed him to start his own firm and the sacrifices he had to make to be a stay-at-home dad while growing his business. You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/241

Duration:00:54:34

Ep #240: Creating a Tool to Facilitate Meaningful Money Conversations Among Family Members: The 30-Year Career of Hillie Katzeff

1/29/2020
Relationships, trust, and follow-through with clients are all incredibly important in the financial advising field. XYPN member Hillel Katzeff joins us on this episode to share how he has truly taken the importance of meaningful relationships to heart and integrated it into his practice and how he works every day. Originally from South Africa, Hillel opens up about his journey to the U.S. for schooling, as well as how he eventually how he found his way into finance and discovered his passion...

Duration:00:54:08

Ep #239: Specializing in ESG and Offering a Flat-Fee: An Interview with Scott Arnold

1/22/2020
Scott Arnold is the owner of Impact Folio, a fee-only firm in Denver, Colorado. After starting his career in this industry—working both at Schwab and an RIA—he realized he wanted to offer impact investing to clients on a broader scale, in a personalized way. Today he joins the show to discuss how the ESG investment model impacts his business and why he decided to go from a solopreneur to a partnership structure. You can find show notes and more information by clicking here:...

Duration:00:57:42

Ep #238: Leighann Miko: Using Your Own Money Scripts to Build Your Ideal Firm

1/15/2020
Leighann Miko is the owner of Equalis Financial, a fee-only firm in Los Angeles, California. Although she began her career in this industry, her money scripts that led her into this career were formed much earlier. Leighann grew up poor and was the first member of her family to graduate from high school. Because of this, she has a deep understanding of the stress that finances can have on someone at an early age. You can find show notes and more information by clicking here:...

Duration:01:00:58