Unleashing Potential: Empowering Next-Gen Advisors with Alanah Phillips & Lindsey Lewis

In this episode of the 'Kick It Open Podcast,' host Shelby Nicholl welcomes Alanah Phillips and Lindsey Lewis, co-founders of the Advisor Launch Lab, to discuss their unconventional journeys and successful strategies for hiring and developing next-gen talent in the wealth management industry. They emphasize the need for diversity in teams, the fallacies in traditional hiring practices, and the importance of mentorship, continual learning, and emotional intelligence. They also share their experiences and insights on reducing the high fallout rate among new advisors through better support, training, and innovative thinking.

0:00 Introduction

0:50 Meet Alanah Phillips and Lindsey Lewis

1:27 Alanah's Journey in Wealth Management

3:31 Lindsey's Path to Financial Services

7:20 Challenges in Recruiting Next-Gen Advisors

10:05 Importance of Training and Mentorship

13:19 Addressing the High Fallout Rate

18:20 Traits of Successful Next-Gen Advisors

26:22 Improving Hiring Practices

32:29 Quick Round of Fun Questions

35:15 Conclusion

About this podcast: 

If you're a woman in wealth management (or any male-dominated industry), this podcast is for you. Muriel Siebert (first woman member of the NYSE ) said, "When a door is hard to open and nothing else works, sometimes you just have to rear back and kick it open.”  After decades of sluggish progress, it’s time for us to kick the door open on women’s success.

Produced by Shelby Nicholl. 

Edited by Aaron Sherman. 

Marketing by Sabrina Portnoy. 

Graphic Design by John Gallagher.
 
Music from #Uppbeat (free for Creators!): https://uppbeat.io/t/ra/let-good-times-roll

License code: EV5ON7Y3CSESDSEU

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Mastering Goal Achievement in Wealth Management with Goal Setting Coach, Kristin Burke

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Finding the Right Culture Fit with Becca Hajjar, Managing Principal at Commonwealth