Tag Archives: Financial Advisors

FEATURE

The Healthy Advisor: Finding Balance With Dr. Travis Parry



Dr. Travis Parry started his career as a financial advisor. But when Parry was just  26 years old, his father died of a sudden heart attack while mountain biking, and he had to clean up the financial mess left in his wake. That included processing his father’s death claim, paying off his mother’s house, helping her relocate and covering the funeral expenses. That changed the course of his career.

He fell into a workaholic trap, as many advisors do. Parry realized that while many advisors mean well and have great ambitions to help their clients, they are sacrificing their own health and life balance in the wake and putting themselves at undue risk. So he decided to become a balance coach to help financial advisors deal with their stress.

In this episode, Diana Britton is joined by Dr. Travis Parry, a balance coach for financial advisors, founder of the Make Time Institute and author of Achieving Balance: The Make Time Method To Help Advisors Reach Business AND Personal Goals in an Overworked World. Dr. Parry reveals the struggle many advisors face when starting a new business, focusing on the mental and physical strain it places on business owners at the beginning of their career. He shares the information he has gained through interviewing many advisors, discussing the traps many fall into and shares how to balance productivity with a healthy, balanced lifestyle.

Dr. Parry discusses:

  • The trap many financial advisors fall into while building their business
  • What he learned from interviewing more than 350 advisors
  • Ways advisors can overcome workaholism
  • The three myths of balance
  • What he’s learned about personal development and human motivations
  • The importance of couples development in achieving balance

Connect With Dr. Travis Parry:

Connect With Wealth Management & NREI:

About Our Guest:

Dr. Travis Parry’s professional journey started in 2002 as a new financial advisor. He found a natural market with business owners and young married professionals. As his practice was building, Dr. Parry noticed that many of his clients needed more than financial advice, they needed advice about life in general. There were many clients who were unhappy in their careers, relationships, and overall health. He was unable as a financial advisor to give much more than financial planning advice.

Couple Development turned from a theory into a practice. This helped him introduce the concept of Couple Development to UVU students and for whom he wrote and published a manual for in 2011, called “Couple Development: How Couples who Build Thriving Marriages are Healthier, Wealthier, and Happier.”


The Healthy Advisor: Treating Your Health As an Asset with Stevyn Guinnip



Stevyn Guinnip has seen secondhand the toll this industry can take on a person’s health and wellbeing; her father, after all, was a financial advisor with Edward Jones for several decades. Advisors, she says, come into this industry and are told they have to hustle for the first five to 10 years and then will be able to coast. But that’s a lie. Instead, she says, many advisors work themselves ragged, and end their careers in burnout. Take the fact that stress for this industry is currently 31% higher than it was in 2008, when we were in a global financial crisis. 

In this episode, Diana Britton, WealthManagement.com managing editor, is joined by Guinnip, CEO and Wellthy Advisor at Grow Wellthy, a health coaching company, who shares about her own struggles dealing with physical health and wellness, and how that has shaped the work she does today with advisors. 

Today, she’s dedicated to preparing advisors for a better life now and a better retirement in the future. She does so by speaking to advisors in their language, coaching them to think of their health as the most important asset to building wealth. 

Diana and Stevyn discuss: 

  • How Stevyn’s father’s career impacted her professional and personal goals
  • Her own health crisis and how it impacted her perspective on health and wellness 
  • Her approach to health and fitness with financial advisors
  • How she helps advisors overcome the emotional barriers to getting healthy
  • What she has learned from interviewing hundreds of advisors

Resources:

Connect With Stevyn Guinnip:

Connect With Wealth Management & NREI:

About Our Guest:

Stevyn Guinnip, is the founder and CEO of Grow Wellthy and the creator of the Wellth Academy. She grew up a financial advisor’s daughter and enjoyed 20 years as an exercise physiologist and certified wellness coach in the U.S. and Australia. Now Stevyn has blended the world of finance and fitness, helping financial professionals and their clients earn back their health so they can retire ‘wellthy.’

 

 


BB Image

Transparency With Diana B.: The Glass Ceiling and Financial Independence With Julia Carlson



A Note to Transparency Listeners: In 2022, the podcast is going to be changing its name to “The Healthy Advisor,” to give a clearer idea of what the podcast is about. Transparency with Diana B. was not quite as transparent a title as we thought. 

Julia Carlson got married at age 19, and right out of high school took a job at a local bank. She learned that the glass ceiling in the financial services industry comes quickly, so she left the bank after just four years and launched Financial Freedom Wealth Management Group, taking on an entrepreneurial challenge at a time in her life when most financial services professionals are just finishing up their secondary educations.

Now she’s one of LPL’s top advisors. But the journey to where she is today was not easy. She overcame problems in her marriage. And in 2012, her then 9-year-old daughter was in a bad car accident and ended up in the ICU. 

In this episode, Diana Britton, managing editor of WealthManagement.com, speaks with Julia Carlson, founder and CEO of Financial Freedom Wealth Management Group in Newport, Ore. Julia shares her story, including the challenges she’s faced along the way and what has shaped her and the work she does today. 

Julia discusses: 

  • What led her into financial services, and her experience early in her career
  • The struggles she has faced as a female advisor in a male-dominated industry
  • The lessons she learned while trying to build her business
  • How her firm struggled in the early years to reach profitability
  • How her daughter’s accident changed her perspective on the business and led her to give up some control of her firm 
  • Her advice for other entrepreneurs and female advisors

Connect With Julia Carlson:

Connect With WealthManagement.com:

About Our Guest:

Julia Carlson is the founder and CEO of Financial Freedom Wealth Management Group. She’s been practicing financial planning for more than 20 years and specializes in helping people who
are either retired or close to retirement. She’s been recognized as being especially knowledgeable
on topics relating to tax strategies for retirement, distribution and business exit planning.

Julia loves educating and empowering others to take control of their financial future. As a wealth advisor, she has helped individuals, families and business owners create financial strategies guiding them along the journey to financial freedom. In 2017, Julia wrote Fit Money, a guide to personal finance from a woman’s perspective.

As a successful entrepreneur, she enjoys working with other entrepreneurs who want to gain control of their financial future, build wealth inside and outside their company and create a powerful exit strategy whether they are ready to exit now or 20 years down the road.


BB Image

Transparency With Diana B.: Coming Back From Failure with Eric Arnold



Eric Arnold is no stranger to failure. In fact, he failed out of college, got fired from two companies, failed at nine different startup ventures and lost everything on a bad investment. 

In this episode, Diana Britton speaks with Eric Arnold, CEO of Planswell, about how he has learned from those failures and has been given a second chance with Planswell. 

Toronto-based Planswell, which was founded in 2015, was humming by late 2019 and was in the middle of another funding round. Then accusations of sexual harassment within the company ranks surfaced, and investors pulled out of that funding round. Arnold had to fold up shop, with some 60 employees losing their jobs. 

But in 2020, he had the opportunity to buy the Planswell brand, and he retooled the software to work with retail financial advisors.  

In this episode, Arnold opens up about the ordeal, which turned into a social media storm about how he and his firm reacted to the accusations. 

Eric discusses: 

  • How his early experiences in life shaped his entrepreneurial drive
  • How a car accident that occurred when he was 17 years old, killing his father, grandmother and family dog, impacted his life and family
  • The journey that led him to start Planswell
  • How the allegations of sexual harassment at Planswell impacted the company and its funding
  • How he would have approached the situation differently 
  • How he is doing things differently at Planswell today
  • And more

Connect With Eric Arnold:

Connect With Wealth Management:

About Our Guest:

Eric Arnold dropped out of college, was fired from two companies and failed nine startups. Yet he is still an entrepreneur. He discovered how to make money from a young age and has been working hard ever since.