Are you ready for a global financial disruption? Featuring Evelyn Jacks (Ep 40)

Are you ready for a global financial disruption? Featuring Evelyn Jacks (Ep 40)

Rethink. Financial Advice Podcast Episode 40 with Evelyn Jacks

Summary:

Have you prepared your practice and clients for a global financial disruption??The world is experiencing economic despair, rising interest rates, fallout from covid/remote work, an aging population, falling tax revenues, global unrest, wage pressure, cost of eggs, political unrest, wars, famine, avian flu, ChatGPT, the list goes on!?Join us for an insightful discussion with Evelyn Jacks on how to best position & prepare yourself, your firm, and your clients to best deal with the multitude of prevailing headwinds we’re all facing.

Evelyn Jacks , H. Adam Holt, CFP?, ChFC? & Derek N.H. Notman, CFP? discuss:

  • Holistic disruption – clients are concerned about losing their wealth and need someone to tell them it’s going to be OK
  • How prepared are your client’s terminal net worth statements, especially when it comes to fees, taxes, and inflation?
  • Real wealth management – sustainable wealth across generations
  • Being more multidisciplinary with your team and CE to better serve clients?
  • “Do not expect today’s success to make you successful in the future”
  • Keeping up with change, digitization, business model evolution, etc. or becoming irrelevant
  • And lots more!

Listen to the podcast episode here.

Resources:

Connect With Adam Holt:

Connect With Derek Notman:

Randy Dippell

Helping successful executives retire with style and live an epic retirement

2 年

This is a great one, thanks H. Adam Holt, CFP?, ChFC? and Derek N.H. Notman, CFP? for helping us all Rethink! My thought here is to echo the Greeks' response to the Persians who tell them to surrender because their archers' arrows will blot out the sun. The Greeks reply "well, then we will fight in the shade". #areyouready

Disruptions are inevitable and have been a constant in the financial profession for decades. We must be willing to adapt and disrupt ourselves before we get disrupted. This means being proactive and continuously improving our business practices to stay ahead of the curve. With emerging technologies, changes in consumer behavior, and unforeseen events like the COVID-19 pandemic, the pace of change is accelerating. Ultimately, it's about staying relevant and competitive by keeping up with change, digitization, and business model evolution. Disruptions will always happen, but by embracing change and taking calculated risks, we can adapt and thrive in an ever-changing landscape.

H. Adam Holt, CFP?, ChFC?

CEO & Founder at Asset-Map Holdings, Co-host of Rethink the Financial Advisor Podcast, International Keynote Speaker, and "Recovering" Financial Advisor.

2 年

Wouldn’t that be nice ? What should we do. Put the link to the popular shows right in the body?

Frank Rekas, CPFA

The busy attorney's financial advisor | Putting your money where it matters most, so you can reduce your taxes today and tomorrow. Stop tipping Uncle Sam!

2 年

Looking forward to listening to this one. Thanks for always having great content H. Adam Holt, CFP?, ChFC? and Derek N.H. Notman, CFP?

Derek N.H. Notman, CFP?

Founder & CEO at Couplr AI | Revolutionizing Financial Advisor Matching through AI Technology for Insurance & Wealth Management Companies | REBL Dad | Speaker | Co-Host Rethink FA Podcast

2 年

This one really made me Rethink!

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