New Advisors - Kim Butler - Episode 010

25/05/2017 40 min Episodio 10
New Advisors - Kim Butler - Episode 010

Listen "New Advisors - Kim Butler - Episode 010"

Episode Synopsis

Summary: Tammi Brannan speaks with best-selling author Kim Butler about the first steps that a new Prosperity Economics advisor should take. To learn more about the prosperity movement and help you and your clients build and keep wealth visit www.TheAdvisorAdvantage.com   Links in this Episode: Link to Qualification Test: testteachersonline.com The Summit - www.TheSummit4Advisors.com Attorney Contact: marketcouncil.com Purchase the Prosperity Process: pathwayprocess.com   Show Notes: 00:00 Intro 01:30 1st step: Get life insurance license 02:00 Prosperity Economics disagrees with securities licenses 02:20 No broker dealer world 03:31 Forget everything you've learned 07:51 What's the second step? 08:06 Series 65 advise license 08:48 Fiduciary platform 10:50 RIA world 12:21 Fiduciary platform vs. suitability standard 15:09 Freedom for our advisors 16:49 Fed registered RIAs vs. State registered RIAs 18:50 We sell our process 27:11 Cost of attorneys 28:51 What is "selling away?" 29:10 Suitability is a much lower standard 31:52 Why you should avoid agencies 33:02 Mentor program will help both new and old advisors 34:19 Series 65 is not required but advised 35:26 Come to the summit

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