The term “Capacity Crossroads” was coined by writer Michael Kitces, a well-known thought leader in the field of financial planning. It was designed to evoke the idea of the “two paths ahead” decision as writers such as Robert Frost have given attention to over the years, and addresses a decision a financial planning firm owner must make: To stop taking …
Welcoming Olivia Lieb
This week we’re delighted to announce our new team member, Olivia Lieb, who joined our team at the start of the month. Olivia joined our team at MY Wealth Planners, bringing on board her passion, creativity, and warmth for guiding and supporting the people and local businesses in our Longmont community. She obtained her Bachelor’s Degree in Hospitality Management in …
Granted – What’s Financial Planning Worth Anyway?
Not a day of the week ending in Y goes by without someone standing up on a soapbox somewhere and decrying the financial planning profession. We’re little more to be trusted than used car salesmen, we can’t generate investment alpha, and the fees will eat your returns! Or so the soapbox man says. One rather famous financial influencer has even …
The Passing of a Good Man
It was announced earlier today that Patrick Mahoney, the CEO of the Financial Planning Association passed away. I had a good relationship with Patrick, who took the helm of the FPA during a time of controversy in the FPA when a recent initiative had given pause to the chapters of the association as to whether the national FPA organization controlled …