#94: Should I build referral relationships with advisers I wouldn't refer to? episode artwork

EPISODE · Oct 3, 2023 · 26 MIN

#94: Should I build referral relationships with advisers I wouldn't refer to?

from Financial Coaches Network - The Podcast: Build your Financial Coaching Business · host Joshua Escalante Troesh, Garrett Philbin, Amelie Riendl, and Emily Blain

Today Josh and Garrett to discuss referral relationships…especially those with advisers/professionals who you disagree with. Top takeaways: No, you shouldn’t. One-sided referral pipelines have an expiration date–the other person WILL be able to see through you. Stay away from companies with high turnover. Look at what side offerings potential referral partners have. Are they focused on the thing you would refer a client to do or are they dividing their attention in many other places? Registered Investment Advisers (RIA) who are only registered as an RIA are the only ones who legally have a fiduciary responsibility. Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey: Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity Already decided you’re going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch Looking for financial coaching software? Sign up for the interest list for FCN MoneyCoach, the premier cash flow analysis software for financial coaches and advisers. https://www.financialcoachesnetwork.com/money-coach Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income. https://www.financialcoachesnetwork.com/grow

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#94: Should I build referral relationships with advisers I wouldn't refer to?

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This episode was published on October 3, 2023.

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Today Josh and Garrett to discuss referral relationships…especially those with advisers/professionals who you disagree with. Top takeaways: No, you shouldn’t. One-sided referral pipelines have an expiration date–the other person WILL be able to see...

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