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45 - TRAP Live!

TRAP: The Real Adviser Podcast

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Strategies for Designing an Ideal Financial Planning Practice

This chapter explores incorporating investment focus alongside financial planning based on feedback from high net worth clients, suggesting a part-time CIO for investment presentations and separate client meetings. It emphasizes setting income metrics, targeting mass affluent clients, and trusting instincts to vet prospects effectively, stressing the importance of a scarcity mentality in business. Book recommendations include 'The Wealth that Money Can't Buy', 'The Billion Dollar Loser', and 'The Algebra of Wealth', with a mix of spiritual, cautionary, and success-driven content, culminating in banter and insights from Andy Hart.

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