The Best Podcasts for Financial Advisors
In today’s fast-paced world of finance, staying ahead of the curve is of the utmost importance for financial advisors.
Previous generations of successful advisors have built their knowledge on books and relationships. But in today’s era, they have a secret up their sleeve: podcasts.
Whether you're looking to expand your knowledge, gain insights from industry experts, or simply stay informed about the latest trends, these offer a convenient and accessible way to stay updated while on the go.
Who Should You Listen To?
Here's our list of the best podcasts today that every financial advisor should tune into:
1. The Financial Advisor Success Podcast: Hosted by renowned financial advisory thought leader Michael Kitces, this podcast delves deep into the strategies and tactics employed by successful financial advisors.
Each episode explores a wide range of topics relevant to financial advisors, including practice management, client acquisition, investment strategies, regulatory changes, and the latest trends shaping the industry.
Why people are listening: Interviews with top-performing advisors and case studies that offer invaluable insights into their success are great for both new and experienced listeners.
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2. The Advisor Lab Podcast: Helmed by industry veterans, this podcast offers practical advice, actionable strategies, and insightful interviews with top financial advisors.
From client acquisition techniques to practice management tips, it covers a wide range of topics relevant to financial advisors looking to grow their businesses.
Why people are listening: No matter how complex the subject may be, the Advisor Lab readily dives deep into the conversation to illuminate the key points for its listeners.
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3. Do Business, Do Life: With a focus on personal development, business growth, and client relationships, Do Business, Do Life provides practical advice and actionable strategies to help advisors thrive in an ever-changing industry.
The host’s walkthroughs on industry-tested processes help financial advisors quickly achieve the success they’re looking for in their practice.
Why people are listening: Intending to help entrepreneurs achieve holistic success and financial fulfillment, the podcast expertly blends business and personal development advice for its listeners.
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4. The XY Planning Network Podcast: Geared towards fee-only financial planners and advisors, this podcast covers a wide range of topics related to financial planning, investment management, and client service.
With its diverse lineup of experts, the XY Planning Network Podcast offers fresh perspectives and practical insights to help advisors navigate the complexities of the financial services industry.
Why people are listening: Its focus on the Gen X and Y clientele of today to address their faster-paced needs that may stymie more traditionally focused advisors gives it a unique perspective on the industry.
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5. The Model FA Podcast: David DeCelle’s industry podcast talks about scaling businesses sustainably, marketing for financial advisors, and other useful topics of the day.
From marketing and lead generation to client experience and team development, this podcast offers actionable business growth strategies and proven best practices to help advisors achieve long-term success.
Why people are listening: Can it scale? Will it be sustainable? The Model FA podcast addresses these challenges for listeners, especially those finding it difficult to sustain their initial growth into bigger AUM goals.
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6. New Planner Podcast: Every financial planner has to start somewhere, and Caleb Brown’s podcast focuses on getting them guided and inspired to become successful in the industry.
While it primarily focuses on the new planner experience (as well as aspects of financial planning for federal employees), it also touches on the issues experienced planners can run into as well, making it invaluable for listeners.
Why people are listening: With bite-size episodes and sharp, honest commentary, the New Planner Podcast is easy to listen to - and take lessons from.
Our suggestions:
7. Planet Money: Connecting anything - or everything - to financial movements can be a daunting task, even for the best of us.
But Planet Money makes exploring complex economic concepts and current events easily engaging for its listeners.
Why people are listening: Making everyday economics interesting is never an easy task - but Planet Money does the job for its listeners quite well.
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8. Fiduciary U: Designed for advisors who want to specialize in ERISA law, Fiduciary U dives into the subject and ethics for its listeners to give them an in-depth understanding of the complexities they can face. Whether the conversation is about legal governance, duties and considerations, or specific trends, they have it covered.
Why people are listening: While not updating as often as it used to, the subject matter is still highly relevant and worth a second listen for those looking to stay current on the topics discussed.
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9. Peter Schiff Show: Sometimes, people need to hear things from the opposite side of the table for themselves.
When it comes to the discussion of free market economics and topics like limited governments, Peter concisely sums up what listeners should consider in their own practices.
Why people are listening: While considered as a libertarian-leaning podcast, Peter Schiff’s opinions - sometimes contrarian in nature - do contain much knowledge within the industry’s inner workings, which make them worth paying attention to.
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10. Standard Deviations: Interested in finding out how the mind makes money work? Standard Deviations takes a practical look at how thought drives financial decision-making - and how one can understand the functions of behavioral finances from a layman’s point of view.
Why people are listening: With a focus on actionable advice, this podcast is enjoyed by those who prefer a more social approach to their work, especially in relationship-building and retaining clientele for their business books.
Our suggestions:
While these are our top recommendations, there are many, many other podcasts aimed at enriching financial advisors out today - and we’re sure you have your personal favorites.
Must-Listen Episodes From Our List
Speaking of favorites, here’s a few of our own!
- Episode 285 of the Financial Advisor Success podcast tackles the big question in today’s fast-paced world: how do you transition into becoming a financial advisor while balancing your relationship-building with your clientele? And more importantly, how do you succeed in doing it?
- Social accountability can be a touchy subject, but Dr. Crosby of the Standard Deviations podcast deftly talks about it with Michael Kitces. With the rise of LLMs and AIs in automating the “meat and potatoes” for financial planners, how can they retain that human touch with their books of business? Where can they use social accountability to help clients with the nuances of their plans?
- How about maximizing your niche? XYPN’s Episode 149 tracks the explosive career growth of Ryan Inman, the founder of a financial firm that focused exclusively on physicians as clients for their book of business.
- Speaking of AI, Planet Money’s “Deep Learning with Elephants” - while an oldie - is still a goodie for those interested in the subject and its potential impact on the financial industry. They talk how neural networks handle the so-called “big data” - and how fast can they crunch it.
- Last, but certainly not least, we have Episode 164 of the New Planner Podcast asking about the challenge many planners face every day: how do you get your foot in the door and win a client’s trust? Caleb and his guest discuss how they handled the challenge and rose to the top of their game.
But what about starting your own?
Should Financial Advisors Should Start Their Own Podcast?
Absolutely!
In addition to consuming content, financial advisors can also leverage the power of podcasting to establish themselves as thought leaders in the industry.
While there are lessons to be learned from paragons in the industry, every advisor’s story is unique - and there may be aspects that others haven’t explored in their journey.
By starting a podcast, they can share their expertise, showcase their unique insights, and connect with clients and prospects on a deeper level.
Podcasting offers a platform that is always available for advisors - whether it’s to build credibility, expand their reach, or differentiate themselves from the competition, there’s always a niche to be filled.
In addition, a podcast can serve as a valuable marketing tool, helping advisors attract new clients and grow their business - just like the professionals on this list do.
Ready to start your own podcast and take your practice to the next level? Schedule a call with our team today to learn how we can help you launch and grow your podcast.