This week on The Model FA Podcast:
Penny’s background and journey to co-founding Journey Strategic Wealth How the industry dictates what success means for financial advisors Mindsets financial advisors need to shift to become effective wealth and investment managers The difference between wealth managers and investment managers How today’s generation of financial advisors differ from their predecessors The pathway to becoming an independent financial advisor or an RIA Different options in the RIA space Penny’s predictions and forecasts for the financial advisory industry How large companies tend to make young financial advisors lose their passion for financial planning Why Penny thinks the solopreneur model will soon no longer work How society has changed motivation and incentives How financial advisors should position themselves in clients’ lives The importance of building a personal brand