As a financial advisor or wealth management leader you likely spend a lot of time thinking about life transitions for your clients. We often use the term "money in motion events" to frame the likely change in their financial needs for transitions such as a job change or marriage or retirement. And when it comes to your business, chances are most of your thoughts are focused on financial and logistical transition elements involved in succession planning, changing firms, or buying a book of business.
In this episode of the Modern Financial Advisor Podcast. we are going to explore life transition preparedness and navigation from a series of completely different angles. Our guest Jeff Hamaoui, Co-founder of Modern Elder Academy guides us through a new world in which expanded adulthood has created more opportunities and potential challenges than we might've anticipated.
Company Update: As I mentioned in the video above, Eli Gassert has a preview of this summer's biggest blockbuster on the Truelytics blog. His post, "May Flowers: Matchmaking on Steroids" champions the superpowers of TrueMatch for the modern financial advisor. It's a great read!
As always, you can watch the entire episode of the podcast on YouTube as well. The video is embedded below for your convenience. Make sure you subscribe to the Truelytics YouTube channel!
Resources Related to this Episode: Below is a list of resources mentioned during this episode that we hope will be helpful to you and your community as you navigate your life transitions:
What is Your TQ (Transition IQ)? by Jeremi Karnell - This is the article Jeremi wrote after returning from his time at Modern Elder Academy. He puts many of the concepts we covered during this episode into great context for the wealth management community.
The Anatomy of a Transition by Jeff Hamaoui & Kari Henley - Every transition has three phases: an ending, often a “messy middle,” and a beginning, but few of us have been schooled on how to ease ourselves through this cycle with resilience and adaptability. This framework will help you understand that there’s a reliable cadence to transitions.