334-How & Why to Go Independent as a Financial Advisor: Interview with Financial Advisor Sean Kernan
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 18 May 2016
⏱️ 93 minutes
🧾️ Download transcript
Summary
Ever wondered what the actual practice models are for financial advisors? Today, I've invited Sean Kernan on the show to talk about the inside business of financial advice.
Sean is a financial advisor who started his career at the large wirehouses and later transitioned to be independent.
Since then, he's started a website and podcast to help other advisors called "How to Go Independent."
If you'd like to listen in on two financial advisors discussing what the industry is actually like on the inside, enjoy this show!
Joshua
- Sean's site: http://howtogoindependent.com/
- Support RPF on Patreon! www.radicalpersonalfinance.com/patron
Transcript
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| 0:00.0 | Welcome to Radical Personal Finance, the show dedicated to providing you with the knowledge, skills, |
| 0:03.8 | insight and encouragement you need to live a rich and meaningful life now while building a plan |
| 0:09.1 | for financial freedom in 10 years or less. |
| 0:11.9 | My guest today is Sean Kernan. Sean is a financial |
| 0:14.4 | advisor who grew up in the wirehouse and brokerage world and then went |
| 0:18.7 | independent and today he works to help other financial advisors make that same transition. |
| 0:24.7 | On today's show we discuss the details of how to get your start in the financial advice business |
| 0:30.7 | and also some of the different practice models that you might choose to pursue. |
| 0:34.6 | Sean, welcome to Radical Personal Finance. |
| 0:36.6 | Thanks Joshua, glad to be here. |
| 0:38.6 | It's a pleasure. |
| 0:39.6 | We're going to have a financial advisor coffee today, a virtual cup of coffee together, and try to record it for the world. |
| 0:46.7 | You know, when I started radical personal finance, I thought, well, what I'll do is I'll just |
| 0:49.7 | spill the beans on the financial advisor industry to the public, but I didn't expect a lot of the I've attracted that type of audience of many people who are financial advisors |
| 1:04.6 | listen and many people who are in you know in other careers who are interested |
| 1:09.7 | in becoming financial advisors a lot of people have found the show as a simple example. I got |
| 1:15.1 | three emails last week from people saying, hey I'm in another career I'm thinking |
| 1:18.0 | about switching to become a financial advisor. What do you think? And so I want to |
| 1:21.8 | serve this segment of the audience with some information, which is why I decided to go ahead and invite you on the show. |
| 1:27.0 | And we'll talk about your experience in the financial advice business and also a little bit of your new project of helping advisors go independent. |
| 1:34.8 | So let's start however with give us your resume so to speak. |
| 1:38.8 | Where did you start in the financial advisor business and what was your pathway through this |
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