Michael Lecours's guest appearances

Michael Lecours

The Resilient Advisor

Fintech Impact

Power Your Advice

Rethink. Financial Advice

David Katz

Ian Crosby

Michael Kitces

Mauricio Di Bartolomeo

Daniel Crosby

Alan Moore

Alex Sklar

Samantha Ettus

Sean Brown

Hayden James

Mark Evans

Yaron Ben-Zvi

Steve Sanduski

Ethan Buchman

Dan Doney

OwlTail

Are financial advisors unknowingly committing malpractice?How is our industry &amp; profession changing? What can we learn from the medical field that will help us scale advice in a meaningful way? Join us as we chat with special guest Michael Lecours, a fellow advisor and co-founder of fpPathfinder to learn about what we're calling Financial Advice 3.0.In this episode we discuss:Bedside Manner and Malpractice, Doctors leaving the clamp in the body.  Leveraging Processes despite our egos and familiarity with the job trying to get in the wayScale - delegation requires process when the expert is busyShowing our value in a competitive market/transparent at scaleAdvisor 3.0-... An Aspirational shiftFinancial Services 1.0. Agents and Reps: Solution sales with needs analysisFinancial Planning 2.0. Product led Financial Planners (sales enablement) and AdvisersPreventative Advice 3.0. Coaches and Collaboration, behavior, mindset, retainer, proactiveThe shift to multiple review meetings to spread out the focus over timeResources:Connect with Mike Lecours on LinkedInLearn more about fpPathfinderFollow RethinkFA on LinkedInListen to RethinkFA on YouTube PodcastsFind us on Digital Wealth NewsApply to be a guest on the RethinkFA Think TankConnect With Adam Holt:Schedule an Asset-Map DemoAsset-Map LinkedIn: Adam HoltLinkedIn: Asset-MapFacebook: Asset-MapTwitter: Asset_MapConnect With Derek Notman:Schedule a Call with DerekCouplrLinkedIn: Derek NotmanLinkedIn: CouplrTwitter: Derek Notman Hosted on Acast. See acast.com/privacy for more information.

<h2>Are financial advisors unknowingly committing malpractice?</h2> How is our industry &amp; profession changing? What can we learn from the medical field that will help us scale advice in a meaningful way? Join us as we chat with special guest Michael Lecours, a fellow advisor and co-founder of fpPathfinder to learn about what we're calling Financial Advice 3.0. <h2>In this episode we discuss:</h2> <ul><li>Bedside Manner and Malpractice, Doctors leaving the clamp in the body.  </li><li>Leveraging Processes despite our egos and familiarity with the job trying to get in the way</li><li>Scale - delegation requires process when the expert is busy</li><li>Showing our value in a competitive market/transparent at scale</li><li>Advisor 3.0-... An Aspirational shift</li><li>Financial Services 1.0. Agents and Reps: Solution sales with needs analysis</li><li>Financial Planning 2.0. Product led Financial Planners (sales enablement) and Advisers</li><li>Preventative Advice 3.0. Coaches and Collaboration, behavior, mindset, retainer, proactive</li><li>The shift to multiple review meetings to spread out the focus over time</li></ul> <h2>Resources:</h2><ul><li><a href="https://www.linkedin.com/in/michaellecours/" rel="noopener noreferrer nofollow" target="_blank">Connect with Mike Lecours on LinkedIn</a></li><li><a href="https://www.fppathfinder.com/" rel="noopener noreferrer nofollow" target="_blank">Learn more about fpPathfinder</a></li><li><a href="https://www.linkedin.com/company/rethinkfa/" rel="noopener noreferrer nofollow" target="_blank">Follow RethinkFA on LinkedIn</a></li><li><a href="https://www.youtube.com/@conneqtor2000" rel="noopener noreferrer nofollow" target="_blank">Listen to RethinkFA on YouTube Podcasts</a></li><li><a href="https://dwealth.news/category/podcasts/rethink-financial-advice-podcast/" rel="noopener noreferrer nofollow" target="_blank">Find us on Digital Wealth News</a></li><li><a href="https://docs.google.com/forms/d/e/1FAIpQLSfxPxtYxTuhbiuV0xzBm9YJ7jlRWVAdaRejIwp_NHWJBNxZqw/viewform?usp=sf_link" rel="noopener noreferrer nofollow" target="_blank">Apply to be a guest on the RethinkFA Think Tank</a></li></ul> <h2>Connect With Adam Holt:</h2><ul><li><a href="https://bit.ly/3tykvJj" rel="noopener noreferrer nofollow" target="_blank">Schedule an Asset-Map Demo</a></li><li><a href="https://www.asset-map.com/" rel="noopener noreferrer nofollow" target="_blank">Asset-Map </a></li><li><a href="https://www.linkedin.com/in/hadamholt/" rel="noopener noreferrer nofollow" target="_blank">LinkedIn: Adam Holt</a></li><li><a href="https://www.linkedin.com/company/asset-map/" rel="noopener noreferrer nofollow" target="_blank">LinkedIn: Asset-Map</a></li><li><a href="https://www.facebook.com/Asset-Mapcom-305328046167985/" rel="noopener noreferrer nofollow" target="_blank">Facebook: Asset-Map</a></li><li><a href="https://twitter.com/asset_map" rel="noopener noreferrer nofollow" target="_blank">Twitter: Asset_Map</a></li></ul> <h2>Connect With Derek Notman:</h2><ul><li><a href="https://calendly.com/dereknotman/" rel="noopener noreferrer nofollow" target="_blank">Schedule a Call with Derek</a></li><li><a href="https://www.couplr.ai/" rel="noopener noreferrer nofollow" target="_blank">Couplr</a></li><li><a href="https://www.linkedin.com/in/dereknotman/" rel="noopener noreferrer nofollow" target="_blank">LinkedIn: Derek Notman</a></li><li><a href="https://www.linkedin.com/company/couplrai/" rel="noopener noreferrer nofollow" target="_blank">LinkedIn: Couplr</a></li><li><a href="https://twitter.com/DerekNotmanCFP" rel="noopener noreferrer nofollow" target="_blank">Twitter: Derek Notman</a></li></ul> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Scaling Financial Advice 3.0 Featuring Michael Lecours

In this episode you will learn how flowcharts and checklists can help Financial Advisors navigate complex financial planning questions. The three major benefits of leveraging these tools include providing consistent advice, marketing and client engagement and systematizing your client communication. For this episode, Jay Coulter interviews Michael Lecours who is a Financial Advisor and Co-founder of fpPathfinder, a company he started with Michael Kitces. Learn more about fpPathfinder by visiting https://www.fppathfinder.com. THIS SHOW IS SPONSORED BY RESILIENT ADVISOR COACHING: Without simple systems, your business will always be in a state of chaos…after implementing the Resilient Advisor framework you will become hyper-focused, clear on your value, confident in your ability to grow and free to build your ideal life. LEARN MORE BY VISITING: https://www.resilientadvisor.com  Follow Financial Advisor TV™ on Social: YouTube: https://www.youtube.com/c/FinancialAdvisorTV  Twitter: https://twitter.com/finadvisortv  Facebook: https://www.facebook.com/financialadvisortv  LinkedIn: https://www.linkedin.com/company/financialadvisortv  Instagram: https://www.instagram.com/financialadvisortv  Learn more about Financial Advisor TV™: http://www.financialadvisor.tv  © Resilient Advisor, LLC. All Rights Reserved

In this episode you will learn how flowcharts and checklists can help Financial Advisors navigate complex financial planning questions. The three major benefits of leveraging these tools include providing consistent advice, marketing and client engagement and systematizing your client communication. For this episode, Jay Coulter interviews Michael Lecours who is a Financial Advisor and Co-founder of fpPathfinder, a company he started with Michael Kitces. Learn more about fpPathfinder by visiting <a href="https://www.fppathfinder.com" rel="nofollow" target="_blank">https://www.fppathfinder.com</a>. THIS SHOW IS SPONSORED BY RESILIENT ADVISOR COACHING: Without simple systems, your business will always be in a state of chaos…after implementing the Resilient Advisor framework you will become hyper-focused, clear on your value, confident in your ability to grow and free to build your ideal life. LEARN MORE BY VISITING: <a href="https://www.resilientadvisor.com" rel="nofollow" target="_blank">https://www.resilientadvisor.com</a>  Follow Financial Advisor TV™ on Social: YouTube: <a href="https://www.youtube.com/c/FinancialAdvisorTV" rel="nofollow" target="_blank">https://www.youtube.com/c/FinancialAdvisorTV</a>  Twitter: <a href="https://twitter.com/finadvisortv" rel="nofollow" target="_blank">https://twitter.com/finadvisortv</a>  Facebook: <a href="https://www.facebook.com/financialadvisortv" rel="nofollow" target="_blank">https://www.facebook.com/financialadvisortv</a>  LinkedIn: <a href="https://www.linkedin.com/company/financialadvisortv" rel="nofollow" target="_blank">https://www.linkedin.com/company/financialadvisortv</a>  Instagram: <a href="https://www.instagram.com/financialadvisortv" rel="nofollow" target="_blank">https://www.instagram.com/financialadvisortv</a>  Learn more about Financial Advisor TV™: <a href="http://www.financialadvisor.tv" rel="nofollow" target="_blank">http://www.financialadvisor.tv</a>  © Resilient Advisor, LLC. All Rights Reserved

How To Optimize Your Practice with Checklists and Flowcharts with Michael Lecours of fpPathfinder 

Host, Jason Pereira, talks to Michael Lecours. He is the Co-Founder of fpPathfinder. It is a flow-charting tool for advisors so that they can make better and consistent decisions. Episode Highlights:0.40: Jason is a fan of fpPathfinder, because of its sheer simplicity.1.28: Michael talks and fpPathfinder, and how it helps advisors to make informed decisions using different formats of checklists.1.57: Flow charts provided by fpPathfinder, helps on the decision-making front.2.54: Jason is impressed by fpPathfinder, and he says that an advisor who sign-up with the company can really count on it.3.32: Jason and Michael talk about the constantly changing regulations in the United States.4.03: While talking about Michael’s company, Jason points out that “The fact that we are outsourcing the cognitive decision making is just remarkable.”04.14: Jason is curious to know about the creation and story of fpPathfinder.05.00: For Michael it all started with simple errors and how to provide some clarity to a client; he made a flowchart, which was widely loved and appreciated amidst the Financial Advisors. 07.24: Michael shares how his company constantly updates the checklists, and then they try to add one or two resources every month.08.14: Michael gives insights on the background research that they do. Inevitably fpPathfinder has 3000 Financial Advisors who use its services. 10.25: Jason inquiries about the order of decision points in a flowchart.10.51: As the first step of creating a flowchart, Michael or his team members come up with the issues. Then they step back and think about the unintended effect of the flow. 11.21: Michael talks about the challenges that he faces while building up flow charts in a computer or software. He prefers to build flowcharts on a piece of paper with sticky notes.12.04: fpPathfinder was launched as a grand experiment, and one of the biggest pieces of feedback that they got early on was - “We like the flowcharts and the checklists but get your fpPathfinder off there and let me put my logo instead.” 12.23: Financial advisors did not want their clients to see fpPathfinder’s logo in the flowcharts; so one of the biggest improvements that Michael did was allow for white labelling. One was not able to change the content but was able to change the colors.13.05: A year ago, Michael and other decision-makers of fpPathfinder took a big step; a lot of their resources started interacting with the CRM systems. 15.57: Michael says that they don’t get a lot of push backs from the compliance department. 16:14: Michael says that they don’t give any recommendations to Financial Advisors; they simply say to their clients that “Consider doing this.”18.21: Jason talks about Michael’s book and the interesting stories it has. 20.30: Michael talks about his future aspirations with fpPathfinder. There are several resources that Michael and his team are planning to work on.21.33: Michael talks about tailored checklists that they are going to introduce in the future. Depending on a client’s situation, there will be a checklist that makes more sense. 21.52: Another aspect that Michael will be looking at is making the user experience more easier. 24.25: As a Financial Advisor, Michael’s biggest wish is for the industry to integrate at a higher level. 25.02: Michael reveals the one biggest challenge that he has faced to bring the company to where it is today.27.24: All day long Michael and his team focuses on what they do best. There is no project in a team where they are dragging their feet. 3 Key Points:Michael explains that fpPathfinder makes checklists and flowcharts to help advisors be more diligent in the planning process and have more diligent conversations about financial planning topics with their clients.Michael talks about “How what started as a simple PDF of a flowchart, fpPathfinder now uses various technologies. It is also integrating with different partners. Jason asks Michael, “You have got this far with what you have done. What are your future aspirations for fpPathfinder?”Tweetable Quotes:“In financial planning, things that were earlier very popular are now critical to review.” - Michael Lecours“Some of the most brilliant ideas are the simplest.” - Jason Pereira“Setting-up a flowchart is a lot more difficult than it appears.” - Jason Pereira“Reverse mortgages can make or break somebody’s retirement.” - Michael LecoursResources Mentioned:fpPathfinder: https://www.fppathfinder.com/about-us/Facebook – Jason Pereira’s FacebookLinkedIn – Jason Pereira’s LinkedInWoodgate.com – SponsorLinkedIn – Jason Pereira’s LinkedInPodcast Editing Hosted on Acast. See acast.com/privacy for more information.

Host, Jason Pereira, talks to Michael Lecours. He is the Co-Founder of fpPathfinder. It is a flow-charting tool for advisors so that they can make better and consistent decisions. Episode Highlights:<ul><li>0.40: Jason is a fan of fpPathfinder, because of its sheer simplicity.</li><li>1.28: Michael talks and fpPathfinder, and how it helps advisors to make informed decisions using different formats of checklists.</li><li>1.57: Flow charts provided by fpPathfinder, helps on the decision-making front.</li><li>2.54: Jason is impressed by fpPathfinder, and he says that an advisor who sign-up with the company can really count on it.</li><li>3.32: Jason and Michael talk about the constantly changing regulations in the United States.</li><li>4.03: While talking about Michael’s company, Jason points out that “The fact that we are outsourcing the cognitive decision making is just remarkable.”</li><li>04.14: Jason is curious to know about the creation and story of fpPathfinder.</li><li>05.00: For Michael it all started with simple errors and how to provide some clarity to a client; he made a flowchart, which was widely loved and appreciated amidst the Financial Advisors. </li><li>07.24: Michael shares how his company constantly updates the checklists, and then they try to add one or two resources every month.</li><li>08.14: Michael gives insights on the background research that they do. Inevitably fpPathfinder has 3000 Financial Advisors who use its services. </li><li>10.25: Jason inquiries about the order of decision points in a flowchart.</li><li>10.51: As the first step of creating a flowchart, Michael or his team members come up with the issues. Then they step back and think about the unintended effect of the flow. </li><li>11.21: Michael talks about the challenges that he faces while building up flow charts in a computer or software. He prefers to build flowcharts on a piece of paper with sticky notes.</li><li>12.04: fpPathfinder was launched as a grand experiment, and one of the biggest pieces of feedback that they got early on was - “We like the flowcharts and the checklists but get your fpPathfinder off there and let me put my logo instead.” </li><li>12.23: Financial advisors did not want their clients to see fpPathfinder’s logo in the flowcharts; so one of the biggest improvements that Michael did was allow for white labelling. One was not able to change the content but was able to change the colors.</li><li>13.05: A year ago, Michael and other decision-makers of fpPathfinder took a big step; a lot of their resources started interacting with the CRM systems. </li><li>15.57: Michael says that they don’t get a lot of push backs from the compliance department. </li><li>16:14: Michael says that they don’t give any recommendations to Financial Advisors; they simply say to their clients that “Consider doing this.”</li><li>18.21: Jason talks about Michael’s book and the interesting stories it has. </li><li>20.30: Michael talks about his future aspirations with fpPathfinder. There are several resources that Michael and his team are planning to work on.</li><li>21.33: Michael talks about tailored checklists that they are going to introduce in the future. Depending on a client’s situation, there will be a checklist that makes more sense. </li><li>21.52: Another aspect that Michael will be looking at is making the user experience more easier. </li><li>24.25: As a Financial Advisor, Michael’s biggest wish is for the industry to integrate at a higher level. </li><li>25.02: Michael reveals the one biggest challenge that he has faced to bring the company to where it is today.</li><li>27.24: All day long Michael and his team focuses on what they do best. There is no project in a team where they are dragging their feet. </li></ul> 3 Key Points:<ol><li>Michael explains that fpPathfinder makes checklists and flowcharts to help advisors be more diligent in the planning process and have more diligent conversations about financial planning topics with their clients.</li><li>Michael talks about “How what started as a simple PDF of a flowchart, fpPathfinder now uses various technologies. It is also integrating with different partners. </li><li>Jason asks Michael, “You have got this far with what you have done. What are your future aspirations for fpPathfinder?”</li></ol> Tweetable Quotes:<ul><li>“In financial planning, things that were earlier very popular are now critical to review.” - Michael Lecours</li><li>“Some of the most brilliant ideas are the simplest.” - Jason Pereira</li><li>“Setting-up a flowchart is a lot more difficult than it appears.” - Jason Pereira</li><li>“Reverse mortgages can make or break somebody’s retirement.” - Michael Lecours</li></ul> Resources Mentioned:<ul><li>fpPathfinder: <a href="https://www.fppathfinder.com/about-us/" rel="noopener noreferrer nofollow" target="_blank">https://www.fppathfinder.com/about-us/</a></li><li><a href="https://www.facebook.com/jason.pereira" rel="noopener noreferrer nofollow" target="_blank">Facebook</a> – Jason Pereira’s Facebook</li><li><a href="https://www.linkedin.com/in/pereirajm?trk=org-employees_mini-profile_title" rel="noopener noreferrer nofollow" target="_blank">LinkedIn</a> – Jason Pereira’s LinkedIn</li><li><a href="https://www.woodgate.com/#plan-prosper-preserve-financial-planning-toronto" rel="noopener noreferrer nofollow" target="_blank">Woodgate.com</a> – Sponsor</li><li><a href="https://www.linkedin.com/in/pereirajm?trk=org-employees_mini-profile_title" rel="noopener noreferrer nofollow" target="_blank">LinkedIn</a> – Jason Pereira’s LinkedIn</li><li><a href="https://barevalue.com/podcast-editing" rel="noopener noreferrer nofollow" target="_blank">Podcast Editing</a></li></ul> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

 fpPathfinder with Michael Lecours | E177