{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5e07bd26789ce7ef43d6c05a/5e07bdaa880ab054252def8d?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"142-One Possible Business Model For an Ethical Financial Planning Practice Serving Middle-Income Families","description":"<p>I designed a potential financial planning practice structure a year or so ago. It has been my backup plan if Radical Personal Finance were unable to be financially productive. (It's probably still a backup of a backup.)</p>\r\n<p>In light of the Episode 139: \"My Advice for People Interested In Getting Into Financial Planning,\" I decided to follow up with some specific ideas for a practice I considered creating.</p>\r\n<p>Here are my ideas. </p>\r\n<p>The show includes a discussion of:</p>\r\n<ul>\r\n<li>The problem of providing planning for middle-income households</li>\r\n<li>The idea of a planning model for a monthly fee</li>\r\n<li>How to align advisor and client incentives</li>\r\n<li>The benefits of a virtual financial planning meeting</li>\r\n<li>The importance of having a clear marketing plan for your practice</li>\r\n<li>Ideas for building trust</li>\r\n<li>The importance of demonstrating expertise</li>\r\n<li>The importance of a niche market focus</li>\r\n<li>Limitations on income with this model</li>\r\n</ul>\r\n<p>Enjoy the show!</p>\r\n<p>Links:</p>\r\n<ul>\r\n<li><a href=\"http://www.xyplanningnetwork.com/\" target=\"_blank\">XY Planning Network</a></li>\r\n</ul>","author_name":"Joshua Sheats"}