Welcome back to the 244th episode of the Financial Advisor Success Podcast!
My guest on today’s podcast is Shannon McLay. Shannon is the founder of The Financial Gym, which offers financial coaching services on a monthly subscription basis to about 3,500 Millennial and Gen-Z clients.
What’s unique about Shannon, though, is that, while her …
In a world where it’s hard to regulate the wide and ever-changing world of advertising, one of the most common frameworks that regulators take is a ‘truth-in-advertising’ approach that simply requires whatever advertisers say or claim to be true and accurate. In recent years, regulators have begun to consider whether this approach should be applied …
The Financial Planning Association of Australia (FPA) welcomes today’s announcement from the Morrison Government on its decision to implement a temporary reduction in cost recovery levies for the next two years and review the ASIC industry funding model charged by the Australian Securities and Investments Commission (ASIC).
“This news will be welcomed by our members …
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the industry news that SEC Chairman Gensler has signaled a willingness to approve new Bitcoin ETFs as long as they utilize futures contracts (rather than the cryptocurrency directly) and operate under the more stringent rules that apply for …
Although there have been some incremental shifts in recent years, the financial advice industry has traditionally (and remains) geared towards attracting individuals who thrive in a career where their earnings have the potential to increase depending on how hard they work. Viewed through the Maximizer/Satisficer lens that Barry Schwartz introduced in his book, “The Paradox …
From the moment they were introduced nearly 25 years ago in the Taxpayer Relief Act of 1997, the Roth IRA has been an incredibly popular retirement vehicle, thanks to its ‘unlimited’ potential for generating tax-free growth. Of course, the caveat is that Roth-style accounts are only tax free because the contributions into the account are …
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Welcome back to the 243rd episode of the Financial Advisor Success Podcast!
My guest on today’s podcast is James Bogart. James is the CEO and President of Bogart Wealth, an RIA located in McLean, Virginia that manages $1.8 billion of assets for 900 households.
What’s unique about James, though, is that his firm has …
The career path of becoming a financial advisor has long been lauded as an opportunity that pairs together a high income potential with the flexibility of building your own book of clients (or the outright benefits of being an entrepreneur building an independent business). The caveat, though, is that while financial advisors do generate an …
The Financial Planning Association of Australia (FPA) is pleased to announce Marc Olynyk as Chair of the Financial Planning Education Council (FPEC).
Mr Olynyk, a senior lecturer in Financial Planning and Director of Work Integrated Learning at Deakin Business School, will replace Sharon Taylor, who stepped down from chairing FPEC in August as she intends …