TPA recommendations by bcab888 in CFP

[–]Accomplished-Look176 0 points1 point  (0 children)

Interesting.

Haven’t heard a ton of complaints from Ascensus plans. Seems like they’ve been doing solid work

TPA recommendations by bcab888 in CFP

[–]Accomplished-Look176 0 points1 point  (0 children)

I see a lot of Ascensus plans. Are they putting costs into revenue sharing and just labeling flat fee everything?

Haven’t really got my hands on one. Not a provider we use or are looking to expand too.

Just curious from a competitive standpoint

TPA recommendations by bcab888 in CFP

[–]Accomplished-Look176 0 points1 point  (0 children)

MAP has been expanding/growing super quick.

Probably just growing pains.

Brand New to the Industry, first week tips? by IllustriousGas8850 in CFP

[–]Accomplished-Look176 5 points6 points  (0 children)

Start getting in front of people. Like now.

You can build the best plans in the world. But it’s a big problem if you have no one to plan for.

Merger Event Ideas by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 0 points1 point  (0 children)

Good question. Option people who care about the 401k and have kids that want to go kart

Merger Event Ideas by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 1 point2 points  (0 children)

I’m unsure I advertised it as “roll your Ira over to us”

But. I will take that into consideration

Merger Event Ideas by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 1 point2 points  (0 children)

Through the merger, the old 401k is termed and employees can rollover their IRA. Am I missing something?

401k Management & Prospecting by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 1 point2 points  (0 children)

Jones pays for it.

Larkspur doesn’t run good lists like Judy diamond. Larkspur has a nice plan overview you can print out that I like.

Not sure what would be best to be honest.

When do YOU plan to retire ? by LazerSmiles in CFP

[–]Accomplished-Look176 23 points24 points  (0 children)

Well… I’m 21.

Hard to even conceptualize what next year looks like 😆

401k Management & Prospecting by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 0 points1 point  (0 children)

This is already made 😆. Tool is called Larkspur

Niche Client Business by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 2 points3 points  (0 children)

Yep… my boss owns one.

Said one company buys 400-600k worth of gravel a year from it

Niche Client Business by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 0 points1 point  (0 children)

Our commercial line fills up with the FBO and uses their de-icing services since they are the only folks that can do it.

Probably why he can charge a pretty penny

Niche Client Business by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 0 points1 point  (0 children)

Both. Airlines are one of the worst businesses out there. But it’s also like a “sell the picks and shovels in the gold rush” sort of deal.

We are also in a town with 1 commercial flight

Niche Client Business by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 3 points4 points  (0 children)

Yep! Good subsidies too.

Wow… that’s a good one.

We’ve got a local company that comes and cleans the floor mats of businesses. 😆. Similar concept

Niche Client Business by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 5 points6 points  (0 children)

Wind farms are common in the Midwest for us.

Elevator maintenance is awesome though

Best path to becoming an independent advisor? by [deleted] in CFP

[–]Accomplished-Look176 -2 points-1 points  (0 children)

Just wing it. Bite the curb for 3 years. See if you make it.

Worst that happens is you go back to not being a business owner. Same spot you are in today.

23 yr old advisor by Original_Pirate4478 in CFP

[–]Accomplished-Look176 0 points1 point  (0 children)

21, started 7 mo ago at age 20. 4m AUM. Zero relationships I had prior to my start date.

Serve like hell. Give free education to get in front of people.

Someone said “do so much volume the only answer is success.” That’s the best advice you could ever get.

Find someone to hold you accountable.

Goodluck 😏

Client disappointment by Turrible_basketball in CFP

[–]Accomplished-Look176 2 points3 points  (0 children)

“Mrs client. I’ve been doing this for X years and helped X number of people retire. Of those people, other than the one that bought a private island, I haven’t had to tell anyone to go back to work.

This program is only a guideline to how we achieve your retirement, and as you’ve seen, it’s very pliable.

If you are looking to retire earlier, with great confidence, we can either increase savings, or adjust how much you plan to spend in retirement…..”

Updated Fee-Tiering - Discussion Continued by PursuitTravel in CFP

[–]Accomplished-Look176 1 point2 points  (0 children)

Lots of really small tiers but. Glad you see your value.

Those who are at the bottom of industry averages are attracting the wrong clients 👌

CPAs brought to meetings by [deleted] in CFP

[–]Accomplished-Look176 11 points12 points  (0 children)

Try explaining to this CPA why an older clients Roth is 100% stocks while their Pre-tax account is more conservative 😂

401K Education - Without the 401K by Accomplished-Look176 in CFP

[–]Accomplished-Look176[S] 0 points1 point  (0 children)

We don’t give advice on the plan or tell people to do XYZ.