Master Holistic Financial Planning with The Bucket Plan®

The Bucket Plan® On-Demand Podcast

Simplify Your Financial Planning Process with The Bucket Plan®: Step 1, Discover Part 2

In This Episode

About the episode:

Dive deeper into the crucial first step of The Bucket Plan® holistic wealth management process in this continuation of our conversation on the discover phase. Hosts Jason L Smith, Dave Alison, and guest Bryan Bibbo, AIF, NSSA, BPC, President and CFO of JL Smith Holistic Wealth Management, pick up where they left off, offering even more valuable insights on mastering this essential client onboarding step.

Building on the foundation established in Part 1, this discussion delves into additional techniques and tools that can elevate your discover process.

Key Points Discussed:

Holistic Wealth Management: A deeper look into the five pillars of holistic wealth management and their importance in the discover process.
The Bucket Plan® Framework: Advanced strategies for introducing and explaining The Bucket Plan’s now, soon, and later bucket concept to clients.
Family Estate Organizer: Maximizing the effectiveness of this tool in organizing client information and documents.
Concerns and Priorities Worksheet: Advanced techniques for using this exercise to uncover clients’ most pressing financial concerns.
Client Education: Strategies for using the discover meeting as an opportunity to educate clients on key financial concepts.
Tailoring the Process: Adapting the discover phase to different client demographics and life stages.
Setting the Stage: Preparing clients for the next steps in the holistic wealth management process.

Learn how to dig deeper into your clients’ financial situations, uncover hidden concerns, and set the stage for creating truly customized financial plans using The Bucket Plan® methodology.

Resources:

Previous Episode
Book Referenced: The Bucket Plan®: Protecting and Growing Your Assets for a Worry-Free Retirement
Training Referenced: The Bucket Plan® 1.0

About the Hosts:

Jason L Smith is a father, husband, nationally acclaimed speaker, financial planner, best-selling author, coach, and entrepreneur dedicated to simplifying financial planning for families worldwide and supporting advisors everywhere. He is the Founder and CEO of C2P, as well as his own financial services practice, JL Smith Holistic Wealth Management. Jason’s passion and expertise lie in all aspects of holistic financial planning, further evidenced by being Founder and CEO of Prosperity Capital Advisors, a nationally recognized planning-first RIA. As a skilled leader in the financial services industry, Jason truly enjoys helping advisors secure and scale their businesses and better serve clients through C2P’s trusted processes and models.

Dave Alison is an accomplished financial planner and business leader committed to helping advisors expand their reach and improve the quality of their service to clients. In addition to being the President and a Founding Partner of C2P and the Founder and CEO of Alison Wealth Management — his own financial services firm — he is also the President and Founding Partner of Prosperity Capital Advisors, an acclaimed planning-first RIA. Dave leverages his expertise in all things financial planning, particularly taxes and solutions for high-net-worth clients, to educate financial professionals on best practices and ways to raise the bar in their own practices. Wealth Management, his own financial services firm.

About the Guest:

Bryan Bibbo, AIF, NSSA, BPC, serves as President, CFO, and Lead Advisor at JL Smith Holistic Wealth Management, focusing on retirement planning, estate, and financial income planning. Since 2015, he has provided financial education and retirement planning strategies to residents in Northeast Ohio. His client base includes successful professionals, business owners, and retirees seeking to develop financial strategies for wealth optimization and securing a reliable income source during retirement. Bryan is committed to ensuring his clients’ financial plans are both comprehensive and adaptable, allowing for peace of mind regarding their financial futures.
He holds various professional licenses and designations, including Life and Health Insurance, Series 65, and the Annual Filing Season Program (AFSP) with the Internal Revenue Service. His specialized designations include National Social Security Advisor, Accredited Investment Fiduciary, and Bucket Plan Certified®. Bryan advocates for a holistic retirement plan that addresses key areas such as withdrawals, taxes, risk tolerance, long-term care mitigation, and inflation, emphasizing the importance of flexibility to adjust plans according to changes in laws, taxes, and the economy.