Tedious work and quarterbacking ultimately lead to grateful clients

A new planner looks back on what his first year in the business taught him.
MAR 20, 2015
It's hard to believe almost a year has passed since I joined Plancorp. New opportunities for growth and learning have presented themselves every day. At times, I've risen to the occasion, and other times I've found myself short of the mark. Through it all, the experience has been very enjoyable. It is a blessing to work in an environment with people who are genuinely concerned for clients and their progress. I can't recall many meetings in which the client hasn't expressed sincere gratitude for what Plancorp has been able to help them accomplish. (More from Sam: Variety of tasks, client issues makes each day instructive) Recently, the main challenge I was grappling with was the certified financial planner exam, which I took this month. Preparation for this exam was a real test of commitment and discipline (I find my family infinitely more enjoyable than AMT calculations). Through the occupied nights and weekends, my wife was extremely supportive and motivating, making sure I stayed on task and got the most out of my time with the exam and with my son, Henry. My eyes have been opened to how much of a team effort financial planning involves. It takes a collection of CPAs, attorneys and other professionals to provide holistic financial planning. I enjoy being in the position of quarterback (something I'm not athletically qualified to do) and orchestrating the movements of these various experts to accomplish the ultimate goal of the client's success and security. I've also learned a great deal about the need at times just to "grind it out.” I admit that many tasks on a day-to-day basis are not the most exciting things to do. Scanning through old meeting logs or trying to format pages of Excel data is really ... boring. Despite the tedium, I usually can appreciate that the information we ultimately gain from these small tasks is foundational to the appropriate recommendation. One of the great things about Plancorp is that I genuinely feel they are making an investment in me as a professional and as a person. They've taken an interest in my family's life and are always asking about my wife and son. The firm has provided me with training opportunities, conferences and one-on-one mentoring with some of the founders of the company. By far the most rewarding experiences have come when I get to see clients experience the “aha” moment after we've helped them understand how to assist their children, save for their own retirement or maximize their gifts to charity. I am glad that I get to do what I've always wanted to do: help people live better lives. Sam Honey is a planning associate on Plancorp's wealth management team.

Latest News

Advisors get the keys: AdvisorCRM and Zeplyn let firms build their own AI tools
Advisors get the keys: AdvisorCRM and Zeplyn let firms build their own AI tools

Two wealthtech providers are handing advisors the controls, letting firms design their own workflows and AI agents in plain language.

Former San Francisco advisor gets nine-years for running Ponzi
Former San Francisco advisor gets nine-years for running Ponzi

Edwin Lickiss earlier admitted that he defrauded at least 93 victims of over $9.5 million from 1998 through 2024.

Financial confidence gap widens as advisors fill knowledge void
Financial confidence gap widens as advisors fill knowledge void

New research shows Americans want control over their money but lack the confidence to take action – and advisors are the bridge.

Bipartisan bill clarifying ESOP stock rules sails through House
Bipartisan bill clarifying ESOP stock rules sails through House

Retire Through Ownership Act lets ESOP fiduciaries rely on independent appraisals, closing a decades-old valuation gap for private company stock.

Sanctuary Wealth adds estate, M&A and marketing leaders to boost partner support
Sanctuary Wealth adds estate, M&A and marketing leaders to boost partner support

The breakaway-focused platform's senior hires from Wells Fargo, Bluespring and Hightower deepen its bench for growth and succession planning.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income