Скачать с ютуб Career switch from mortgages to financial planning with New Leaf (IFA Network) Dan Hobbs & Sam Oakes в хорошем качестве

Career switch from mortgages to financial planning with New Leaf (IFA Network) Dan Hobbs & Sam Oakes

Are you a mortgage advisor looking for more stability and long-term growth in your career? Transitioning to an Independent Financial Advisor (IFA) might be the strategic move you’ve been searching for. In this episode of the Financial Planner Life podcast, Sam Oakes sits down with Daniel Hobbs from New Leaf to explore the benefits and challenges of making the shift from mortgage advice to financial planning. They discuss the role of networks like New Leaf in supporting advisors through this transition, the potential for increased financial security and business growth as an IFA, and the key considerations for those thinking about making the leap. Daniel shares success stories from mortgage advisors who have successfully transitioned, offering practical advice on how to leverage existing client relationships and data to build a thriving IFA practice. Key Topics Covered: Introduction to New Leaf: Overview of New Leaf's support for mortgage advisors and IFAs. Explanation of the network's role in compliance, regulatory support, and fostering a community. The Case for Transitioning to IFA: Differences between mortgage advice and IFA roles. Long-term benefits of becoming an IFA, including recurring income and business value. Success stories from advisors who transitioned and grew their practices. Challenges and Considerations: Importance of a mindset shift from transactional sales to long-term financial planning. Financial implications of the transition, including the need for financial reserves. The necessity of patience and taking the time (6-24 months) to establish a successful IFA practice. Support from Networks Like New Leaf: New Leaf’s mentoring and development programs for new and transitioning IFAs. Importance of choosing a network that aligns with individual goals and offers comprehensive support. Details on New Leaf’s Academy program for guiding new advisors. Leveraging Existing Client Relationships: Strategies for mortgage advisors to use existing client data and networks to build their IFA business. Emphasis on understanding client assets early to identify wealth management opportunities. The Future of Financial Advice: Discussion on the decreasing number of wealth advisors and the growing advice gap. Opportunities for mortgage advisors to transition and meet the increasing demand for financial planning services. The role of technology and AI in enhancing advisor efficiency and client service. In conclusion, the episode offers valuable insights for mortgage advisors considering a transition to financial planning, highlighting the benefits, challenges, and the crucial role of networks like New Leaf in making this career shift successful. 00:00 Introduction and Background of Newleaf 02:31 Daniel's Transition to CEO Role 03:59 Overview of Newleaf Network 06:20 Retaining Advisors in the Network 08:36 Percentage of Mortgage and Protection Advisors vs. IFAs 10:32 Challenges and Warnings for New Advisors 16:02 Considerations for Choosing a Network 19:52 Overview of Newleaf Academy 24:02 Qualifying and Selecting New Advisors 24:56 Transitioning from Mortgage Advisor to Financial Planner 25:52 The Role of an IFA: Building Long-Term Client Relationships 29:22 Harnessing AI and Technology in Financial Planning 33:42 Opportunities for Mortgage Brokers in Financial Advice 35:19 The Value of Recurring Income in Financial Planning 39:58 Selling a Financial Planning Book: An Exit Strategy Be sure to follow financial planner life on YouTube for extra content about a career within Financial Planning HIT THAT SUBSCRIBE BUTTON! If you're looking to start your career in Financial Planning, check out the Financial Planner Life Academy here: https://recruitukltd.co.uk/fpl-academy/ If you want to discuss partnering with The Financial Planner Life for jobs, advertising, marketing, or academies, please get in touch with [email protected] or 07854778712. Interested in joining Sam at Hoxton Capital? - Contact him about job opportunities or selling your business in the UK, USA, Mainland Europe South Africa, or Australia. [email protected] #financialplanning #financialadvisor #financialadviser #wealthmanagement #financialpodcast