Welcome back to Don’t Retire… Graduate! In today’s episode, we’re taking you behind the scenes of the financial planning profession with our recurring segment, Diary of a Financial Advisor. I’m excited to welcome back Andrew Harrell—a second-time guest and a perfect example of what it looks like to excel and give back in the financial advisory field.
Andrew’s journey is marked by involvement and leadership—not only within the firm but also as a newly minted board member of the Financial Planning Association (FPA) of Maryland. He’s someone who truly believes in the collaborative spirit of financial planning, working to foster connections among advisors, drive awareness of legislative issues, and elevate the next generation of planners.
In our discussion, Andrew and I dove into professional growth, the value of mentorship and collaboration amongst advisors, and the imperative of getting involved in advocacy through organizations like the FPA. We touched on why participating in these associations expands one’s perspective, and how collaboration trumps competition among advisors. Andrew shared his experience spearheading NextGen initiatives and explained how networking and community work not only benefit clients but enhance the profession as a whole.
We also dove into the nuts and bolts of financial wellness, spotlighting BFG’s pioneering corporate financial wellness program—a benefit many don’t realize exists for employees at all levels, breaking the stereotype that financial advice is just for the wealthy. Andrew walked us through what it’s like to deliver hands-on guidance to folks navigating benefit packages, personal finances, and tough life decisions. And, of course, we chatted about the “wellness” aspect—what it means to equip clients with the tools and peace of mind they need to thrive not just financially, but holistically.
Of course, I also had a little fun ribbing Andrew about his office nicknames, including “Young Protege” and “EJ” (Eric Junior), and we wrapped up with his vision for his future in the profession.
5 Key Takeaways:
- Collaboration Over Competition: Andrew emphasized that financial advisors can—and should—see each other as collaborators, not competitors. Networking with peers expands your perspective and helps everyone, including clients, succeed.
- The Value of Professional Associations: Being active in organizations like the Financial Planning Association provides community, advocacy, and professional development opportunities you won’t find working in a silo.
- Holistic Financial Wellness: Corporate financial wellness programs aren’t just about asset management; they’re about empowering employees of all levels to make informed decisions about their benefit plans, insurance, and other financial topics, bringing real peace of mind.
- Legislative Engagement Matters: The financial planning profession faces significant regulatory and legislative pressures. Advisors need to stay informed and get involved in advocacy to ensure their voices—and those of their clients—are heard.
- Impact Beyond the Numbers: Financial wellness means helping people feel good about their decisions, providing reassurance, and allowing them to focus on what matters most in life—without constantly worrying about money, assets, or benefits.
Find out more about Andrew!
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