Host: John Thompson
Guest: Alex Leu
Episode Summary:
In this episode of Nurturing Success, John Thompson speaks with Alex Leu, the founder of LA Wealth Advisors. Alex shares his journey from working at large firms like Morgan Stanley and Charles Schwab to launching his own independent financial advisory firm. He discusses his client-centered approach, the importance of comprehensive financial planning, and how his passion for cycling and community engagement influences his work. The conversation also explores team-building, liability management, and the role of technology in the future of financial advising.
How Alex transitioned from major financial firms to founding LA Wealth Advisors
The benefits of a structured financial planning process for clients
Why building a strong, collaborative team is essential for long-term success
The importance of educating clients and their families about finances
How liability management plays a role in financial planning
The impact of AI and technology on the financial services industry
Why networking and community involvement are key to growing a practice
[00:00] Introduction to the episode and guest, Alex Leu
[01:00] What Alex is grateful for: The success of LA Wealth Advisors in its first year
[03:00] Passion for cycling, becoming a Schwinn-certified instructor, and community involvement
[05:00] Why Alex left major financial firms to start his own independent practice
[07:00] How LA Wealth Advisors structures its financial planning process
[09:00] Working with mass-affluent clients and addressing their complex financial needs
[10:00] Alex’s early exposure to finance and the personal experience that shaped his career
[13:00] How financial literacy education is crucial for young people
[15:00] Building and managing a high-performing advisory team
[18:00] The importance of integrating tax, estate, and liability planning into financial advice
[20:00] How Alex successfully took a month-long vacation while running a growing business
[22:00] Liability management: Why structuring debt properly is crucial for long-term wealth
[24:00] The evolving role of AI and technology in financial planning
[26:00] Final thoughts: The future of financial advising and staying ahead of industry changes
LA Wealth Advisors – Alex’s independent financial advisory firm
Liability Management Strategies – How debt management fits into financial planning
AI in Finance – The growing role of technology in wealth management
Schwinn Indoor Cycling Certification – Alex’s passion for fitness and community involvement
Connect with Us:
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If you enjoyed this episode, please like, share, and subscribe to Nurturing Success for more insights from industry leaders. Stay tuned for the next episode, where we continue to explore successful financial strategies and practices. If you are interested in being our next guest, reach out to jack@smplmortgage.com to get scheduled.
