Thanks and giving from a coach to an adviser

Being thankful is not enough, we need to pay it forward.
NOV 27, 2013
By  Bloomberg
As a coach, I believe thankfulness is vital to keep mindful for proper perspective. All of us have it so much better than most; we should be thankful and grateful. You are reading this on a computer, tablet or smart phone; many do not have that opportunity. But just being thankful is not enough; we need to pay it forward. We need to share our gifts with those who need it. I do not care what you give, just do it. It can be a gift of time, talents or treasure. Whatever you have, please give. My family and I recently received an e-mail from a colleague asking if we could help out a family from her daughter's school. A single mother with four kids moved to our area to get help from her family. After arriving, they offered her no help and she has found herself living in the basement of a local business. The requests were for simple things, including blankets, shoes, and socks. They have nothing … except hope. We held a family meeting to discuss what we could contribute and it was difficult for our children to understand what having nothing means. They have so much more than we did as children. When we asked them what they wanted to give them, it was amazing how giving they wanted to be. Thankfulness is taught and it is a skill; you have to practice it. I am asking you to practice it again. I ask my clients to practice their profession and life in general. It is game time and it is time to bring your “A” game. It is time to practice thankfulness. The best way to practice is to show others how thankful you are for your blessings and hard work, and give back. One of my longstanding clients does something remarkable. He feels blessed, blessed beyond belief. He and his teenage children go to K-Mart and pay off people's layaways a few days before Christmas. This allows those families who hoped to have the money to buy presents, the ability to give them to friends and family members by the generosity of a loving fellow resident. You don't have to do this much, but thanks and giving are modeled by us to our children, our nieces and our nephews. Don't walk past an opportunity to give and teach your children the gift of charity. They will feel great and understand what this season is all about: helping others and being thankful you have the chance to give. So, do something extra this holiday season. Don't just get those closest to you gifts, share your wealth with others, there is so many who need a helping hand. Remember when you didn't have it so good? Sometimes, that little act of giving, kindness or help can give someone else that same boost that you received at some point. Matthew Halloran is a certified coach for advisers. He wrote "The Social Media Handbook for Financial Advisors: How to Use LinkedIn, Facebook and Twitter to Build and Grow Your Business."

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave