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I’m sure many of you have asked yourself this same question at one time or another. Should I hire a third party to help me with my business and whatever challenges I may be facing?
The answer is maybe. Not all business owners are going to benefit from this type of work. We have our own set of criteria (see below) and I’m sure other Consultants (for the purpose of my writing, I am going to use Consultant to encompass all manner of third parties who work with Advisors on practice management or coaching) have their set of criteria. Most of us are vetting you in the same way you are vetting us. Why? Simple, we’re looking for a quality of life as well and working with someone who is either a bad fit for my firm or not open to others’ points of view makes for a stressful work life.
So, who might benefit?
So, if you’re considering this route, ask yourself these questions:
If you answered yes to any of these questions, you will most likely benefit from working with a Consultant.
What are the questions you should ask when evaluating a coach/consultant?
And finally, please know that any consultant with your best interest at heart will tell you if they are not a good fit and will refer you to someone else in the industry. Most of us are just interested in seeing you get the help you need, whether it’s us or someone else.
You can schedule a complimentary call with us to see if we are a fit and answer any questions you may have. Again, we’re looking to work with a small group of elite advisors so we will be honest with you as to whether or not we are a good fit. We may also be able to give you a few ideas you can implement immediately.
Thanks for listening, Ginny
Ginny Hudgens, President and Owner of The Strategic Implementer, started out in the financial services industry in 1992 as a Vice President in the Investment Banking Group of J.C. Bradford & Co., a regional brokerage firm purchased by PaineWebber (now UBS) in 2000.
In August of 2000, she accepted a position with a financial advisor, his only employee at the time, as the "jack of all trades". At the time of her employment, the firm had approximately $7 million in assets under management. Later, as the COO of the firm, she and the advisor built the firm to over $115 million in assets under management. Ginny was responsible for managing all aspects of the firm, leading team strategy sessions and implementing the initiatives that drove the firm growth.
In March of 2006, she started The Strategic Implementer to share her skills with other advisors who are READY to take their business to the next level. Her background has put her in the unique position of knowing exactly what it takes to build a successful advisory firm.
Ginny has written for and been written about in such publications as The Journal of Financial Planning, Investment News and Bob Veres’ Inside Information. She is frequently asked to speak and has spoken to groups including several FPA chapters, Geneos Wealth Advisors in Denver and the 2013 FPA Business Solutions Conference.
Ginny is a 1988 graduate of the University of Louisville with a B.S. in Business Administration (concentration in Finance). She is married and her husband has two grown sons, one who served his country in Iraq for 15 months and his younger brother, who is now her associate in The Strategic Implementer. Ginny serves on the Board of Directors for the Louisiana State University CFP Program.