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The advantages of having a business coach: Guidance, support, and accountability

Posted on July 17, 2024

Business Coaching and Partnership with The Wealth Network

Former financial adviser turned business coach, Dean Holmes, is leveraging his experience to help other advisers navigate through business challenges. With a hands-on approach, Holmes compares himself to a swim coach who can swim alongside, in front, and behind his clients, ensuring they execute on the ideas he coaches them on.

Holmes’ business, The Wealth Network, offers a unique partnership model where they share equity in the business with advisers for five years, helping them accelerate growth and build successful practices. The coaching element focuses on accountability and execution, ensuring advisers implement the strategies discussed.

For established firms facing growth challenges, The Wealth Network provides business coaching to streamline operations and create a clear business plan. This includes implementing a business operating system and developing a detailed business plan tailored to each firm’s goals.

One success story from The Wealth Network is Fox & Hare Financial Advice, founded by Glen Hare in partnership with the network. Hare credits the guidance and mentorship provided by The Wealth Network for helping them avoid common pitfalls and achieve success in their business.

Overall, The Wealth Network’s approach to coaching and partnership offers a valuable resource for advisers looking to grow their businesses and overcome obstacles in the competitive financial advice industry.

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