Rethink. The Financial Advisor Podcast - Episode 52: Scaling Financial Advice 3.0 featuring Michael Lecours

Are financial advisors unknowingly committing malpractice?

How is our industry & profession changing? What can we learn from the medical field that will help us scale advice in a meaningful way? Join us as we chat with special guest Michael Lecours, a fellow advisor and co-founder of fpPathfinder to learn about what we're calling Financial Advice 3.0.

In this episode, we discuss:

• Bedside Manner and Malpractice, Doctors leaving the clamp in the body.  

• Leveraging Processes despite our egos and familiarity with the job trying to get in the way

• Scale - delegation requires process when the expert is busy

• Showing our value in a competitive market/transparent at scale

• Advisor 3.0-... An Aspirational shift

• Financial Services 1.0. Agents and Reps: Solution sales with needs analysis

• Financial Planning 2.0. Product led Financial Planners (sales enablement) and Advisers

• Preventative Advice 3.0. Coaches and Collaboration, behavior, mindset, retainer, proactive

• The shift to multiple review meetings to spread out the focus over time

Resources:

• Connect with Mike Lecours on LinkedIn

• Learn more about fpPathfinder

• Follow RethinkFA on LinkedIn

• Listen to RethinkFA on YouTube Podcasts

• Find us on Digital Wealth News

• Apply to be a guest on the RethinkFA Think Tank

Connect With Adam Holt:

• Schedule an Asset-Map Demo

• Asset-Map 

• LinkedIn: Adam Holt

• LinkedIn: Asset-Map

• Facebook: Asset-Map

• Twitter: Asset_Map

Connect With Derek Notman:

• Schedule a Call with Derek

• Couplr

• LinkedIn: Derek Notman

• LinkedIn: Couplr

• Twitter: Derek Notman