How To Go Independent

An objective source to learn about independent business models

HTGI 072: How Ashley Hodge manages $100 million from his home office without an assistant

PodcastSean KernanComment

Summary

Ashley Hodge, an independent financial advisor in the Fort Worth area, talked about his path to the independent channel. Ashley describes two drastically different transitions in his career, and also breaks down how he has lowered his overhead after going independent. 

In this episode you will learn....

  • How moves from a wirehouse to another wirehouse can sometimes be more difficult than going independent
  • How Ashley's unique pricing structure and low overhead have helped him be successful
  • How to be awesome....(obviously)

Other links:

HTGI 071: A long time successful Level 8: Edward Jones advisor's journey to independence, part 5 of 5

PodcastSean KernanComment

Summary

Jim Webb and I started in the business together at Edward Jones in 2002. We have remained friends in the years since I left EJ in 2005, and my experience became very valuable to him when he was ready to make a move in 2016. I interviewed him five times as he planned for and executed his transition: from a few weeks before until ten months after his move. This episode is part 5 of that series.

HTGI 070: A long time successful Level 8: Edward Jones advisor's journey to independence, part 4 of 5

PodcastSean KernanComment

Summary

Jim Webb and I started in the business together at Edward Jones in 2002. We have remained friends in the years since I left EJ in 2005, and my experience became very valuable to him when he was ready to make a move in 2016. I interviewed him five times as he planned for and executed his transition: from a few weeks before until ten months after his move. This episode is part 4 of that series.

HTGI 069: A long time successful Level 8: Edward Jones advisor's journey to independence, part 3 of 5

PodcastSean KernanComment

Summary

Jim Webb and I started in the business together at Edward Jones in 2002. We have remained friends in the years since I left EJ in 2005, and my experience became very valuable to him when he was ready to make a move in 2016. I interviewed him five times as he planned for and executed his transition: from a few weeks before until ten months after his move. This episode is part 3 of that series.

HTGI 068: A long time successful Level 8: Edward Jones advisor's journey to independence, part 2 of 5

PodcastSean KernanComment

Summary

Jim Webb and I started in the business together at Edward Jones in 2002. We have remained friends in the years since I left EJ in 2005, and my experience became very valuable to him when he was ready to make a move in 2016. I interviewed him five times as he planned for and executed his transition: from a few weeks before until ten months after his move. This episode is part 2 of that series.

HTGI 067: A long time successful Level 8: Edward Jones advisor's journey to independence, part 1 of 5

PodcastSean KernanComment

Summary

Jim Webb and I started in the business together at Edward Jones in 2002. We have remained friends in the years since I left EJ in 2005, and my experience became very valuable to him when he was ready to make a move in 2016. I interviewed him five times as he planned for and executed his transition: from a few weeks before until ten months after his move. This episode is part 1 of that series.

HTGI 066: Get the right people "on the bus" (and in the right seats)

PodcastSean KernanComment

Summary

As an employee advisor, you may be given some staff help---but is it the RIGHT staff help? As an independent advisor, you get to choose who and how people work for you. Here are two examples of people that work for me and how they've made my business (and life!) better.

Related Links (interviews with some of our "right people on the right seats"):

HTGI 065: The Path To Independence, Part 4 -- decide and execute

PodcastSean KernanComment

Once you have explored the options, you have to pick one and GO! However, you need to spend as much time as you need to properly plan and execute your transition....but not so long that you find reasons to not make the move.

Related Links:

HTGI 063: The Path To Independence, Part 3 -- define your major criteria and identify options

PodcastSean KernanComment

Once you've found a trusted guide (Part 2), you are ready to start narrowing the field of potential opportunities. Your search for the right way to go independent for you should be specific to what you want out of your business and the partners/providers you use to run it.

Related Links:

 The Path To Independence part 1 (Episode 60):  http://howtogoindependent.com/htgi/episode60 

The Path To Independence part 2 (Episode 62): http://howtogoindependent.com/htgi/episode62

 

HTGI 062: The Path To Independence, Part 2 -- find a trusted guide, like Mindy Diamond

PodcastSean KernanComment

Mindy Diamond has spent 20 years helping advisors explore and decide about which firm is the best fit. In this conversation, she outlines how she walks her clients through a process to truly understand what they want out, both from business as a financial advisor and their life as a whole. Her industry reputation is second to none, so if you're not sure how to look around the landscape at your options, this episode will allow you to tap into Mindy's wisdom.