Ep #136: Alan & Kitces Unhinged - Leveraging a TAMP to Grow Your Financial Planning Practice

January 24, 2018

Leveraging a TAMP to Grow Your Financial Planning Practice.png

Alan Moore and Michael Kitces join forces on this episode to address a topic that they have been getting a lot of questions about recently. They address the challenges that have been present when working with TAMPs and why they decided to launch XY Investment Solutions with the specific needs of XYPN members in mind.

Alan and Kitces explain in detail why people may want to use a TAMP and then also how to explain it to your clients. They cover how to put in the work to make a TAMP work best for your business, and emphasis is put on where you should focus your time and effort in order to provide the best value and service to your clients. The guys share insightful tips on how to sell this service to clients and even how you can work out the TAMP fees.


Listen to the Full Interview:


Want more from XYPN Radio? Become a VIP to access our private community!

What You'll Learn from This Episode:

  • What a TAMP is and why they may be beneficial.
  • The similarity between a broker dealer and a TAMP.
  • Why XYPN decided to launch their own TAMP.
  • How to get past the hurdle of not being the one actually implementing the investment plan.
  • Why someone would want to use a TAMP in the first place.
  • How to explain and sell TAMP services to your clients.
  • How to charge TAMP fees.

Featured on the Show:

This Episode Sponsored By:

Ruby Receptionists Logo.jpgSupport for today’s episode comes from Ruby Receptionists, the only live remote receptionist service dedicated to helping financial service professionals win more clients and build trust. From their studio in Portland, Oregon, Ruby's friendly, professional receptionists ensure exceptional client experiences by answering calls live in English or Spanish, transferring calls, taking messages, addressing common questions, collecting new client intake, making follow up call and more—just like an in-house receptionist, at a fraction of the cost.  Let Ruby help you turn rings into relationships! For a special offer visit callruby.com/XYPN and use promocode XYPN Or call  (844) 853-7829

Get episode alerts by email