Building Your Retirement Plans Team
Summary:
Today on the Confident Advisor Practice from the Horizon Advisor Network, host Bill Bush and Pete Bush of the Horizon Financial Group continue discussing retirement plans with Andy Bush, who heads up the retirement plans services at Horizon Financial Group, and provides assistance in the advisors network.
Time Stamped Show Notes:
- 01:38 – Andy Bush has a passion for the retirement plan marketplace, helping to 65 plans and $300 million in assets.
- 02:15 – Andy achieved his growth by: having a good team, specialize in retirement plans, and become well known as the person to go to.
- 03:33 – Grow with a team who have special skills that the group needs.
- 04:24 – You can only go so far alone, it's a team sport.
- 04:39 – Andy's team is serving 65 plans, and just over 5,000 employees, he has three advisors and two administrative employees for paperwork and communications.
- 05:49 – Advisors to plans are going to have to be fiduciaries now, so it is important to gain specialized knowledge.
- 07:25 – NAPA, the National Association of Planned Advisors came out of ASPA, the American Society of Pension Actuaries.
- 09:36 – Identity the important people in your organize and their roles, find partnerships, and make yourself know to improve your reputation.
- 13:32 – Offering education and events are important for opportunities to learn andmeet new folks.
3 Key Points:
- Build a good team around you.
- Become a specialist in your area of expertise.
- Become well known for your skillset.
Tweetable Quotes:
- "If you want to go fast, go alone. If you want to go far, you got to go together." – Pete Bush
- "NAPA, the National Association of Planned Advisors came out of ASPA, which was the American Society of Pension Actuaries." – Andy Bush
- "Identify the important people, and their roles, in your organization for you to build your business." – Andy Bush
Resources Mentioned:
