{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5ab6fe42bb6ddf45527e077e/5fb5aad49cd47470ebc36525?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"FP Pad with Bill Winterberg | E150","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5ab6fe42bb6ddf45527e077e/1605741260287-57232d2f680bb722beb4fe457ca59a4a.jpeg?height=200","description":"<p>In this 150th episode of Fintech Impact, Jason Pereira, award-winning financial planner, university lecturer, writer, and host interviews Bill Winterberg, Founder of FP Pad, a source of educational content on tech for financial advising and forecasting. Bill is here to have a friendly chat about the current state of affairs as well as the future of tech in the world of financial advising!</p><p><br></p><p>Episode Highlights:</p><ul><li>0:38 – Bill Winterberg introduces his website, FP Pad.</li><li>3:04 – What did Bill do before he founded FP Pad?</li><li>5:14 – Ted shares his dream before he went to college.</li><li>9:35 – How painful was the state of affairs of technology when Bill got into financial advising?</li><li>11:52 – Jason and Bill dive into the effects that AWS played on the cloud technology boom.</li><li>15:42 – What are Bill’s best practices when he takes on a new client?</li><li>20:53 – How much of an obstacle does changing the behavior of people in the firm represent?</li><li>24:30 – Jason and Bill break down how to scale without integrating more than a firm can handle.</li><li>28:08 – Where does Bill see the biggest changes in the future for the day–to–day life of financial advisors?</li><li>32:50 – Jason and Bill discuss the tendency of financial advisors to believe bad advice.</li><li>35:41 – How should advisors be spending their time these days?</li><li>40:04 – What would Bill change about his industry as a whole?</li><li>42:05 – What has been the biggest challenge for Bill to get to where he is today?</li><li>45:10 – Bill talks about what excites him for the future.</li></ul><p><br></p><p>3 Key Points</p><ol><li>FP Pad has evolved from a website and blog to a YouTube channel, podcast, activity highlights, and a plethora of other content and resources to improve Fintech practices.</li><li>When taking on a new client, Bill hopes that the person or small group of people in charge of transition are focused on adding value to the company while helping everyone grow.</li><li>Bill hopes that in 5 years, financial advisors will go from storing financial plans in silos to utilizing financial software that allows them to communicate with each other.</li></ol><p>&nbsp;</p><p>Tweetable Quotes:</p><ul><li>“The movers and shakers have origins in Electric Avenue.” – Bill Winterberg</li><li>“If you’re paying on a monthly basis, now you’re not worried about large–scale deployments, you’re worried about constant improvement. And now we all benefit from multiple upgrades per year.” – Jason Pereira</li><li>“I am very receptive to legacy solutions and what exists in the business.” – Bill Winterberg</li><li>“Focus on scaling the business with a couple of tools to leverage before you go building this massive platform.” – Jason Pereira</li><li>“I think advisors should be spending their time figuring out how they’re going to grow their business or engage clients and engage prospects very effectively.” – Bill Winterberg</li></ul><p>&nbsp;</p><p>Resources Mentioned:</p><ul><li><a href=\"https://www.facebook.com/jason.pereira\" rel=\"noopener noreferrer\" target=\"_blank\">Facebook</a> – Jason Pereira’s Facebook</li><li><a href=\"https://www.linkedin.com/in/pereirajm?trk=org-employees_mini-profile_title\" rel=\"noopener noreferrer\" target=\"_blank\">LinkedIn</a> – Jason Pereira’s LinkedIn</li><li><a href=\"https://www.fintechimpact.co/\" rel=\"noopener noreferrer\" target=\"_blank\">FintechImpact.co</a> – Website for Fintech Impact</li><li><a href=\"https://jasonpereira.ca\" rel=\"noopener noreferrer\" target=\"_blank\">JasonPereira.ca</a> – Sign up for Jason Pereira’s newsletter</li><li><a href=\"https://www.woodgate.com/\" rel=\"noopener noreferrer\" target=\"_blank\">Woodgate.com</a> – Website for Woodgate Financial</li><li><a href=\"https://www.xyplanningnetwork.com/\" rel=\"noopener noreferrer\" target=\"_blank\">XY Planning Network</a></li><li><a href=\"https://www.garrettplanningnetwork.com/\" rel=\"noopener noreferrer\" target=\"_blank\">Garrett Planning Network</a></li><li><a href=\"http://fppad.com/\" rel=\"noopener noreferrer\" target=\"_blank\">FPPad.com</a> – Website for FP PAd</li><li><a href=\"https://www.linkedin.com/in/billwinterberg/\" rel=\"noopener noreferrer\" target=\"_blank\">LinkedIn</a> – Bill Winterberg’s LinkedIn</li></ul>","author_name":"Jason Pereira"}