Welcome to the Financial Advisor Success Podcast, where you go behind the scenes with

financial planner, speaker, and consultant Michael Kitsis to hear stories of how leading

financial advisors navigated the inevitable challenges that arise on the path to success

and get insight from leading industry consultants about how to break through to the next

level in your advisory business. And now here's your host, Michael Kitsis. Welcome, everyone.

Welcome to the 418th episode of the Financial Advisory Success Podcast. My guest on today's podcast is

Stacey McKinnon. Stacey is the chief operating officer of Morton Wealth, an RAA based in Calabasas, California,

that oversees approximately $3 billion in assets in our management for about 1,300 client households.

What's unique about Stacey, though, is how she's implemented a leadership training program for Morton Wealth

to ensure that the firm's growing ranks of middle managers,

many of whom were promoted from doer positions in roles where now they have to manage the other

doers, to feel empowered and have communication management skills to effectively lead their growing

advisory firm team that's expanded from 30 to 60 team members in just the past four years, far beyond the

number of team members that the founders and senior leadership alone could ever manage themselves.

In this episode, we talk in depth about how Stacey identified three problematic management

avatars, the nice manager, the technical manager, and the narcissistic manager, that can result from promoting

working-level employees to management roles without giving them the requisite training first.

How Stacey had Morton-Welt's leadership team and managers take the online admired leadership

program, which gives feedback on how to give feedback, how to speak to team members, and what

behaviors you have to espouse

to actually be seen and respected as an admirer leader.

And how Stacey implemented lessons from the book Brave New Work to promote what she refers

...