Thanks and giving from a coach to an adviser

Being thankful is not enough, we need to pay it forward.
NOV 27, 2013
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

SEC to lose Hester Peirce, deepening a commissioner crisis
SEC to lose Hester Peirce, deepening a commissioner crisis

The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.

Florida B-D, RIA owner pitches bold long-term plan to sell to advisors
Florida B-D, RIA owner pitches bold long-term plan to sell to advisors

IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.

Fintech bytes: Vanilla, Wealth.com forge new estate planning partnerships
Fintech bytes: Vanilla, Wealth.com forge new estate planning partnerships

Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.

Fiduciary failure: Ex-advisor who sold practice fined after clients lost millions
Fiduciary failure: Ex-advisor who sold practice fined after clients lost millions

A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.

Why the evolution of ETFs is changing the due diligence equation
Why the evolution of ETFs is changing the due diligence equation

As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.

SPONSORED Are hedge funds the missing ingredient?

Wellington explores how multi strategy hedge funds may enhance diversification

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management