The Efficient Advisor: Tactical Business Advice for Financial Planners
415: The Details Behind My $1.5M Advisory Practice (And My Engagement Story!)
<p>Ever wish you knew an Advisor who built a 7-figure practice--while only working 3 days a week--that was willing to share her systems, processes, and business hacks with you? Meet the Efficient Advisor Podcast host Libby Greiwe. Her specialty? Breaking down the functions of a financial planning practice into actionable step-by-step processes designed to get you results and get you out of overwhelm. Expert interviews, done-for-you templates, and easy to implement solutions… all tied together by her MISSION to create ease in your business. She promises to deliver actionable step-by-step solutions you can implement right away to save time, money, and frustration. The goal--to lead you from overwhelm to efficiency. She started her own financial planning business in 2004. And, over the years she scaled into a 7-figure single-advisor firm while working only 25-hours a week so she could be super involved while raising her kiddos and loving on her hubby. She knows what it takes to build a 100% referral-only practice and to not have to GRIND out the hours to be successful. She ran her own planning business for 16 years culminating in a sale to an enterprise firm in 2019. Now, she’s simply just obsessed with helping other amazing advisors do the same thing. So if you’re an advisor who’s got the hang of planning and is now looking to grow to that first 500k of take-home pay… you are in the right place! </p>
Show Notes
We talk a lot about systems, workflows, delegation, and building more efficient financial planning practices around here. But today, we're switching things up! I'm taking you behind the scenes of the advisory practice I built, the mistakes I made along the way, and how I managed to run a $1.5 million practice serving 285 households while working just three days a week. I'm answering some of your most frequently asked questions about my team, my first hires, why I sold my practice, and what I've learned about building a business that supports the life you actually want to live. And because so many of you have been asking, we're getting personal, too! I'm sharing my engagement story, how Kevin and I met, and a little encouragement for anyone navigating a difficult season of life.
In this episode you will learn:
How I built a $1.5 million, referral-only practice serving 285 households on a three-day workweek.
What my team looked like, the hiring mistakes I made, and how I learned to delegate effectively.
Why I sold my financial planning practice and what I've learned about defining success on your own terms.
The story behind my recent engagement and why life's hardest chapters don't have to be the last.
Whether you're looking to grow your advisory practice, reclaim your time, or simply get a little more intentional about what you're building, I hope this episode reminds you that success doesn't have to look like anyone else's version. At the end of the day, we're not building businesses just to build businesses. We're building them to support lives we actually love. And sometimes the most important work we do has nothing to do with the office.
Episodes mentioned:
384: The Truth About My 3-Day Work Week Pt 1
386: The Truth About My 3-Day Work Week Pt 2
Check out The First 100 Days Course: The Advisor's Blueprint for a Remarkable Client Experience HERE!
Learn more about our sponsor BELAY for amazing virtual assistant services HERE!
Learn more about T2MWorks HERE!
Learn more about Asset-Map financial planning software HERE!
Check out the Efficient Advisor YouTube Channel HERE!
Connect with Libby on LinkedIn HERE!
Successful businesses don’t get built alone. You need community! You need collaboration! Join us in The Efficient Advisor Community on Facebook.
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