Joe Morgan is the owner of Best Financial Life, a fee-only firm in Danville, California. Joe has spent his career on the corporate side of this industry and after nearly 20 years, he is experiencing the most joy he ever has—joy he credits to his firm. Today Joe joins the show to share his advice for advisors breaking out on their own and reminds us how great it can be when you push through the hardships of getting started.
In this episode, we discuss why Joe has always been drawn to the people side of things and how he settled on a flat-fee that works for both his clients as well as himself. If you have ever been curious about how to use your corporate experience to build a life-style practice, this is the episode for you.
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What You'll Learn from This Episode:
- Joe Morgan’s career path.
- Why Joe is the most happy he has ever been.
- How he used his corporate experience to build his practice.
- Joe’s advice for new advisors starting out.
- The hardships of starting out your own RIA.
- Why he decided to charge a flat-fee.
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