You might have heard of the Michael Kitces podcast. It's a financial advisor success podcast, hosted by Michael Kitces. It features interviews with experts such as James Bogart and Anna N'Jie-Konte, as well as some of the world's top financial advisors. It is a valuable resource that will help your firm find the best advice.
Michael Kitces
Michael Kitces co-founded XY Planning Network and is a certified financial advisor. He is also the producer of the Kitces & Carl podcast, which has gained a solid following in the financial advisor community. Kitces is a self-described "lifelong learner" and holds degrees and certifications in accounting, finance, taxes, and financial planning.
His podcast aims to help financial advisors become successful. The podcast's episodes feature stories of successful financial advisors. It also takes a deep dive into how the advisory community works. He also writes a popular blog for advisors and co-founded AdvicePay and XY Planning Network.
Carl Richards
Michael Kitces and Carl Richards discuss how important it is to incorporate relevant "what-if" scenarios in the financial planning process. They also talk about the importance of building trust and communicating with clients to ensure that clients remain confident and engaged. Whether you are a financial advisor or just want to learn more about investing, you can benefit from this podcast.
Carl Richards has been certified as a Financial Advisor Communication expert and is a Certified Financial Planning Expert. He has authored two books and a popular sketch column in the New York Times. He cohosts the Kitces podcast with Michael Kitces, the financial planning guru.
Anna N'Jie-Konte
We've all heard the expressions "co-founder", "cocreator" many times before. These two terms are almost synonymous. However, Anna uses them to mean two different things. Anna is a first-generation American woman who created her own business. She measures success by how satisfied she is with her work. She is passionate about what she does, and she can't believe she gets paid for it.
Anna wanted more freedom and time with her family while she was working for a broker-dealer. To start her own company, Anna quit the broker-dealer that she was with. She saw the potential for podcast appearances to reach even more prospects. She realized that the key to success in the financial world is taking risks.
Stacey McKinnon
Stacey McKinnon works as Chief Operating Officer at Morton Capital. This independent RIA is located in the suburbs around Los Angeles. The firm has over 50 employees and manages almost $2 billion in AUM. She's committed her career to creating environments where people thrive and has a strong belief in the importance of positive leadership. McKinnon is a Lake Tahoe native with a varied background. McKinnon has previously been a wedding coordinator, and she also owned a Pilates studio. Since then, she's successfully climbed the corporate ladder to become Morton's Chief Operating Officer.
Stacey's talk about hiring emphasizes the importance culture fit and personality. Stacey believes that there is no one-size-fits all solution to building trust and teamwork.
XY Planning Network
Michael Kitces's XY Planning Network podcast, which is a podcast about financial planning, is a great place for you to start. He's a prominent blogger and thought leader in the industry. He discusses the seismic shift that has occurred in financial services from being advice-centric and product-centric.
The XY Planning Network for younger advisors is a brand new network that focuses on financial planning. He and his team want to create a new career path for advisors. To get into the industry, younger advisers needed to sell products and work for wealthy clients. AUM requirements mean that they must be part a large firm.
FAQ
What can I expect to get from my Life Coaching session?
Your goals and needs will be discussed during your first coaching session. Next, we will identify any obstacles in your path to achieving these goals. Once we've identified the problem areas, we'll design a plan of action to help you reach your goals.
We will continue to follow up with you every other month to check if all is well. We are happy to help you with any questions.
We are here for you every step of the way. You'll always feel supported.
What's the difference between coaching and life coaching?
Counseling helps people resolve personal problems. Life Coaching helps them build skills for success in every area of life.
Counseling is a one-on-one service in which you meet with a counselor who will help you solve your specific problems.
Life Coaching is a group service where you meet with peers to help each other grow as individuals.
Life coaching is generally done online or over-the-phone, while counseling takes place face-toface.
Coaching for life focuses on helping you develop skills and positive habits that will help you achieve your goals. Counselors tend to focus on resolving current issues.
Counseling is different from life coaching in that counselors deal with problems, while life coach help you to move beyond them and create a life that is fulfilling.
Are life coaches worthwhile?
The simple answer is: You must look for another way to get around any problem. Coaching may be the best option if your goal is to make a long-lasting, positive impact in people's lives.
Coaching is about helping others to change. It requires a lot of hard work, but when it pays off, it feels incredible.
Learn how to be a better person and how to help others.
You will feel strong and empowered, and your results will last a lifetime.
These are the questions to ask yourself if life coaching might be right for you.
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Are I able to know myself enough to make positive changes in my own life?
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Do I have the will to succeed?
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Do I believe I can make big changes in my life? Can I dream big dreams?
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Do you have the desire for improvement in your life?
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How much time do I have available for coaching?
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What kind support do I require?
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Is there an additional cost for becoming a life coach's client?
What is a coach for relationship life?
A relationship coach will help you to create strong relationships.
They help you to better understand yourself and others. They are there when you need them.
A coach in relationship and life understands the importance and benefits of self-care. They encourage clients to make time for things that make them happy and satisfied.
Relationship life coaches have a broad understanding of human behavior and emotional intelligence, enabling them to quickly identify issues and problems and respond accordingly.
Relationship life coaches can be used at any stage of your life, whether it's starting a new relationship, getting married, having kids, moving house, changing jobs, going back to university, dealing with bereavement, transitioning to parenthood, coping with financial difficulties, planning a wedding, buying a home, leaving an abusive relationship, managing conflict, overcoming addictions, improving communication skills or finding inner strength.
What is the average cost of a life coach?
A life coach charges typically $100-$500 per hour.
Their average time spent working with clients varies between two weeks and several months depending on what type of coaching they are seeking.
A typical fee includes an assessment and consultation, as well as weekly calls or Skype sessions to discuss progress or plan for the future.
A life coach can help clients identify and resolve problems, set goals and develop strategies to overcome obstacles.
Statistics
- People with healthy relationships have better health outcomes, are more likely to engage in healthy behaviors, and have a decreased mortality risk.1 (verywellmind.com)
- According to relationship researcher John Gottman, happy couples have a ratio of 5 positive interactions or feelings for every 1 negative interaction or feeling. (amherst.edu)
- Life coaches rank in the 95th percentile of careers for satisfaction scores. (careerexplorer.com)
- 80 percent of respondents said self-confidence improved, 73 percent said relationships improved, 72 percent had better communication skills, and 67 percent said they balanced work and life better. (leaders.com)
- These enhanced coping skills, in turn, predicted increased positive emotions over time (Fredrickson & Joiner 2002). (leaders.com)
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How is life coaching different to therapy?
Therapy is designed for people who are stuck or need help moving forward. Life Coaching can help you move beyond the present and toward your future.
Life coaching is founded on the belief, that every person has unlimited potential. That our greatest assets are not the skills that we have but how well those skills are used. This belief can help clients become more successful, happier, and healthier.
We also believe that coaching and therapy are two different things. Coaching focuses more on strengths and coaching on problems.
Therapists tend to focus on symptoms like depression, anxiety and anger. Coaches focus on strengths such resilience, optimism confidence, self-awareness and self-awareness. Both coaches and therapists focus on changing.
While therapists have the ability to correct problems, coaches are equipped to help build your strengths. If someone is feeling down, they may feel that they can get help by talking to someone else. This is false.
Coaching is a way to get clients' answers. You might ask, "What is your passion?" Or, you could ask yourself "Who would it be without limitations?"
They don't tell clients what to do. They help clients discover what makes them happy. They help people see their whole self - the body, mind and spirit. Instead of focusing only on the problem.
Life coaching is more effective than traditional therapies and it's also cheaper.
Therapy typically requires several sessions per week for months or even years. A good therapist charges between $50-$100 per session. Even if you only have one session per month you could be spending thousands of dollars annually on therapy.
Life coaching is a fraction more expensive than regular consulting. A coach meets with you every two weeks. A lot of people can afford life coaching, as it is much less costly.