I get this question a lot: “What do I put on my social media platforms to get more engagement?

So I went ahead and shot a video to answer this question for you here:

Here are your Quick Hits:

Quantifying (More Accurately) The Real Impact Of A Financial Advisor’s Costs On Their Clients’ Nest Eggs

• This was another great in depth piece on a topic that a lot of your clients are thinking about.
• “Over the years, the 1% AUM fee has faced criticism from those who argue that it reduces the value of a portfolio by more than the advisor’s guidance adds. This argument is particularly common in the financial independence and personal finance space, with financial educators like Ramit Sethi being a notable critic.”

QUESTIONS GREAT LEADERS ASK

• Great podcast with a ton of notes to walk through with your team.
• “indecision is the enemy of progress” – Craig Groeschel
• Great question to think through today:
  • What is an area in your leadership where you’ve delayed a decision? What would you be able to move forward if you just made that decision today? 

America’s New Millionaire Class: Plumbers and HVAC Entrepreneurs

• Private equity is pouring money into skilled-trade small businesses; ‘Next thing you know, you’re running an empire’
• Their growth marks a major shift, taking home-services firms away from family operators by offering mom-and-pop shops seven-figure and eight-figure paydays. It is a contrast from previous generations, when more owners handed companies down to their children or employees.

The Laws of Financial Health

• “The laws of financial health are equally simple. Simple does not equate to easy, though. What is hard is consistency, execution, and discipline. Our brains just don’t see money as simple and easy.”
• “The person who carefully designs their daily routine goes further than the person who negotiates with themselves every day.”