What if building a successful financial planning business didn't mean constantly adding more clients, hiring more people, and working longer hours? This episode explores how advisors can think differently about the size of their practice, the level of service they want to provide, and what a sustainable business can look like when growth isn't the only measure of success.
Nick Ibello is the founder of Ibello Wealth Management, an IAR of LPL Financial's corporate RIA, based in Columbia, Maryland, but operating virtually. The firm oversees $160 million in assets under management for approximately 100 client households. Listen in as Nick explains how he and a paraplanner manage those relationships, why he uses two "surge" meeting seasons each year, and how quieter periods allow him to focus on business development, onboarding, and complex client needs. He also shares how the professional grind early in his career helped him create a more flexible lifestyle later on, allowing him to enjoy the quality of life that made entrepreneurship appealing in the first place.
For show notes and more visit: https://www.kitces.com/514