Timothy Ziebart’s Post

Transcript

Hi this particular posting but seeking a second opinion on your financial plan. I did put a printed format. But you know something in terms of presentation, when we communicate, there's a difference. When you do it just text driven. That text is just a brain dump of what's on my mind. When I do it via video, I'm trying to be more influential, you know, if there is a different purpose behind it. So I was thinking, well, there's a great one out there. I don't know if it was really that helpful, but I thought, you know something, I'm going to do a video format of this to see if it gets a better response. It's all up to you if you think of any value to that. But it's coming back to the point of, yes, seeking a second opinion on your financial plan, a smart move. It's a smart move on the part of the client. That they need to be sure they're making the right decision. And also in the part of the advisor as part of my role is that if the client wants to seek out a second opinion, it's good for them to do that. And I've got to be accepting of that and also to promote the fact to seek a second opinion. So I don't know, you may disagree with me on that point. But it doesn't necessarily mean it's a matter of disloyalty either. We'll see that in a second. The clients feel hesitant about seeking a second opinion, so they worried might appear disloyal to the current advisor. And and that's, that's on there the client side, but we as advisors I think have to be mature enough to know that you know something. It's a good way to confirm for ourselves that we're doing the right thing for our client. So should they seek second opinion and they come back and confirm with us, there answer didn't tell us. For that matter they still seek it out without you not even knowing. But so the client can do that, you can certainly seek out a second opinion, doesn't mean that his advisor, I'm going to talk to the other advisor and say, by the way, I took your business away from you or something like that. It doesn't work that way. So as a, as a, as a client, you can basically seek out a second opinion just for your own purposes. And I think as advisors, we've got to recognize these are significant decisions most times so. Person seeking out a second opinion, it's probably a good thing. For their benefit. And after all. We're here for the benefit of the client, not our benefit. So seeking a second opinion is not only beneficial but also prudent step in sharing our financial well-being, a sort of continuation of insane. Is that it is a prudent step? And if you're looking at, you know, could be a large life insurance policy or your your whole retirement scheme is based upon your decisions you're making here, it's well worth to do a second thought to make sure it is what you expect it or it is what you need. So I seek a second opinion. What part is validation? So second companion can confirm that you're on the right track with your current financial strategy. It's different perspective too and I think this is an important that as advisors, you know, we could use, we got to start having our favorite products we like to use for different solutions. It may be we're restricted in what we can offer them because we'll be available to us. And so it may be that just what we're offering, there may be a different take on it that someone else sees that is actually more insightful and actually. Does well. As a better situation for the client. So different advisors might offer other other offer insights and solutions you had considered and that has all knowledge, knowledge and industry knowledge or product and so on. Peace of Mind so declined. Knowing that you've explored all options provides confidence in your decisions. So in regards to the client. So we've got a second opinion. You see what it's all about. You see it's very much matching what the original discussion was. OK, now you can have more confidence in terms of what your decision you're making. But also, it doesn't have to be a question of it being a question of disloyalty. So seeking a second opinion supporting your current advisor. So seeking a second opinion doesn't mean you're dissatisfied with your current advisor. In fact, it can strengthen your relationship by showing that you value thoroughness and due diligence. It's about ensuring you're receiving the best possible advice tailored to your unique needs. So the key take away, your financial future is too important to leave the chance and especially with our clients. So embrace your opportunity to get a second opinion. It's a proactive step towards securing your financial goals and confirming the excellence of your existing advisor guidance. So it this is so it's a matter of, you know, as clients, these are serious matters. Seek a second opinion, don't feel guilty about it. And where's advisors have to recognize the fact that, hey, it's there, it's their money, it's what they're it's what they need to do for their planning. If that's going to make them more confident client, then so be it. That's what we have to, you know, pull up our pants and accept that as being this the reality of the situation. So if you are seeking a second opinion, of course that could be, I could provide one for you. But this also ties in with. My financial journey that I've been promoting and the my financial journey. Is taking your current situation, existing coverage, including proposed changes to it and putting it into the financial journey. You get a report free, no obligation and that may be the end of it. Maybe that's maybe that's extent of my role and I'm fine with that. It's just to provide a report for you and maybe that's it. You walk off and continue on with the other advisor. That's OK, I understand that. So it's one of those. I think it's also if you wanted to talk about what's turned, you know, karma or or what you put is what you get out. So I think having confused the fact that. I'm willing, you know, allowing a client to be free to go again a second opinion and not be offended by it I think works better for all of us. Anyway, that's just a quick run through all of that and I don't know, maybe I'm crazy. You may think I'm crazy. Wouldn't surprise me if I was, but anyway. So that's so if you wanna know more or you wanna ask for second advice. Please get in touch with me, message, e-mail, go to my website, whatever waste any any means you wanna use to contact me. And thanks for listening.