The Evolving Advisor Podcast

Ep 003: Michael Kitces: Evolving Firms for Evolving Generations

Episode Notes

In this episode, Jeff and Michael discuss:

• Michael’s journey to where he is today as a well-known financial speaker and writer.

• How what’s old is new again pertains to the financial advisor world.

• Succession plans and continuity plans for your business.

• Making sure your client is a client, not just a pot of money.

Key Takeaways:

• It takes about a year to get through each phase of Know, Like, and Trust.

• Firms that now work with the most affluent clients today, started middle market back in the day.

• Build for what you do – it was done 20-30 years ago with less technology and less resources.

• If you want to serve a different clientele, build a different business to serve that clientele.

"Ask yourself, what would you do for work if the money didn’t matter." — Michael Kitces

Connect with Michael Kitces:  

Twitter: @MichaelKitces

Facebook: Kitces.com

Website: Kitces.com

Show: Nerd’s Eye View

YouTube: Michael Kitces

LinkedIn: Michael Kitces

Pinterest: Michael Kitces

Connect with Jeffrey Concepcion:

Website: https://www.stratoswealthpartners.com

Contact: https://www.stratoswealthpartners.com/contact

Twitter: https://twitter.com/Stratos_Wealth

Facebook: https://www.facebook.com/stratoswealthpartners

LinkedIn: https://www.linkedin.com/in/jeffconcepcion1/