Brad Sherman is the founder of Sherman Wealth Management, an independent fee-only financial planning and wealth management firm with $38 million in AUM. While Brad started his career on the mortgage side of the business and went through several job changes, he slowly made his way over to financial planning and ultimately made the decision to launch his own practice—while his wife was 36 weeks pregnant.
In this episode, Brad shares how he built up his firm with a young baby at home, as well as what made him decide to break away from his broker-dealer and form his own RIA. Listen in to hear what he did to grow his client base as a new business owner, what he’s learned over the last five years of running his own firm, and what he envisions for the future.
Listen to the Full Interview:
Want more from XYPN Radio? Become a VIP to access our private community!
What You'll Learn from This Episode:
- What got Brad interested in financial planning.
- Why he initially signed up with a broker-dealer.
- What made him want to leave the broker-dealer world.
- How he learned about financial planning without getting his CFP.
- What led Brad to ultimately launching his own firm.
- Why he decided to launch his firm while his wife was 36 weeks pregnant.
- How Brad built Sherman Wealth Management.
- His firm's fee structure and service model.
- Where he found success in finding clients as a new business owner.
- What Brad’s “why” is and how it affects the work he does.
- His big priorities for the future.
- The powerful gesture that can really impact clients' experience.
- Brad's advice for listeners.
Featured on the Show:
- Brad Sherman: Site | LinkedIn | Twitter
- Riskalyze
- Sales Pro Insider
This Episode is Sponsored By:
AdvicePay is the first and only compliant payment processor built specifically for financial advisors. Manage and allow your clients to pay all of your one-time invoices and recurring fees via credit card or ACH. For the first time, advisors can have their clients pay monthly, quarterly, or semi-annually without having to log in and make payments every time. Multi-advisor firms can take advantage of the enterprise version, which allows the firm to manage payments and invoices across all of their advisors. All of this while never triggering custody. See for yourself by signing up for a 14-day free trial of the platform at www.advicepay.com.
Share
Get episode alerts by email
Ep #160: Getting Through The “What Did I Do” Phase of Entrepreneurship - A One Year Check-In with Ryan Frailich
Ep #162: Discovering Your Why and Becoming What You Were Meant To Be - The Career of Rianka Dorsainvil
