Planners and Coaches: A Natural Fit?

McCarthy, Ed
May 2007
Journal of Financial Planning;May2007, Vol. 20 Issue 5, p24
Academic Journal
The article discusses the professional benefits for financial planners to hire coaches for guidance on specialized topics. Financial planners who spend their professional lives guiding others something need professional and personal advice, which is where coaches come in. These coaches can help improve the lives of financial planners by showing them how to better market their practice and themselves, revealing ways of balancing their work and personal life, and help them move past damaging attitudes that hinder their work.


Related Articles

  • LIFE FOCUSED FINANCIAL PLANNING. Leo, David I. // Journal of Personal Finance;2007, Vol. 6 Issue 2/3, p13 

    Increasingly financial advisors are challenged, and encouraged, to marry what is known about a prospect's life wants and needs with financial data to show how the products or services offered will help the prospect achieve goals and objectives. This is money in the context of life rather than...

  • Taking a Team Approach. Horan, Kirby L. // On Wall Street;Jul2005, Vol. 15 Issue 7, p71 

    The article talks about wealth management. The model for creating wealth management is a team practice. Because of the array of services available and the large amount of time that plan creation and maintenance require, multiple advisers with a variety of specialties are essential. Competition...

  • RDR redefines independent' adviser label. Salih, Chris // Money Marketing;7/2/2009, p9 

    The article reports on the revision of the RDR consultation paper, wherein the financial sector was divided into independent advice, restricted advice and non-advised sales in 2009 in Great Britain. According to the paper, single- and multi-tied advisers will be included in restricted advice....

  • Battling for the Ultra Affluent….  // Journal of Financial Planning;May2001, Vol. 14 Issue 5, p23 

    This article presents facts about wealthy households in the U.S. as of May 2001. It was learned that there is a fierce turf battle among financial advisors, including private banks and securities firms, for the ultra-affluent customers. Affluent customers are those with at least $5 million to...

  • The business of retirement. Burdette, Michael // Money Management;3/29/2007 Practice Management, Vol. 21, p4 

    The author reflects on the significance of financial planning for the future. He says that financial planning has always been an important component of the economy. However, he comments that financial planners have never been played an important part in enhancing better management practices. He...

  • Serving Their Own. SCHULTZ, STACY // Financial Planning;Jan2009, Vol. 39 Issue 1, p31 

    The article suggests possible business models that could be used by under-40 financial planners. Jude Boudreaux, director of financial planning at Bellingrath Wealth Management, stresses the need to move to a retainer-based program. Aaron Coates, partner at Relevant Financial Planning,...

  • ELITE ADVISOR. Bowen Jr., John J. // Financial Planning;Jan2010, Vol. 40 Issue 1, p23 

    The author urges financial planning practitioners to enhance their services by going beyond investments and providing more value to their clients. He says that advisors should address non-investment related issues which their clients are concerned with including protection, enhancement and...

  • A sophisticated approach. Hilton, Nick // Money Management;10/7/2010, Vol. 24 Issue 37, p21 

    In this article, the author discusses the changes within the wealth advisory industry and the existence of corporate model in Australia in 2010. He notes that these changes represent the most relevant industry effect since the introduction of the Financial Services Reform Act in 2001. He...

  • Getting to know you.  // Money Marketing;3/29/2012, p39 

    The article assesses the impact of the retail distribution review (RDR) for independent financial advisers (IFA) in Great Britain. It focuses on client profiling and the need for wealth managers to establish more sophisticated segmentation. It shows how client profiling helps advisers understand...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics