#94: Should I build referral relationships with advisers I wouldn't refer to?

Season #1

Today Josh and Garrett to discuss referral relationships…especially those with advisers/professionals who you disagree with.

Top takeaways:

  1. No, you shouldn’t.
  2. One-sided referral pipelines have an expiration date–the other person WILL be able to see through you.
  3. Stay away from companies with high turnover.
  4. Look at what side offerings potential referral partners have. Are they focused on the thing you would refer a client to do or are they dividing their attention in many other places?
  5. Registered Investment Advisers (RIA) who are only registered as an RIA are the only ones who legally have a fiduciary responsibility.

Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey: