Episode 2: Colin Mackenzie of Cetera Advisors

Host: John Thompson

Guest: Colin Mackenzie, CFP®, Financial Advisor at Cetera

In this episode of Nurturing Success, John Thompson interviews Colin Mackenzie, a seasoned financial advisor and leader at Cetera. They discuss Colin’s journey from the military to the world of financial services, the importance of mentorship, the power of compounding, and how to thrive as a financial advisor. Colin also shares his thoughts on the current market environment, the value of leveraging technology, and the significance of liability management in financial planning.

What You'll Learn:

• Colin's transition from military service to financial advising
• The power of compounding and why it’s crucial in investing
• The importance of mentorship and how unwitting mentors can shape your career
• How financial advisors can use questions to better understand clients’ deeper needs
• Strategies for navigating current market volatility
• The critical role of liability management and mortgage planning in overall financial health
• The value of building relationships and asking for what you want in your career

Timestamps:

• [00:00] Introduction to the episode and guest, Colin Mackenzie
• [01:00] Colin’s background: From military service to financial services
• [02:00] What Colin is grateful for: Relationships, time, and mentorship
• [04:00] Mentorship in the financial services industry
• [05:00] The power of compounding and Darren Hardy’s The Compound Effect
• [07:00] Technology and financial advising: The balance between tools and human interaction
• [08:00] The importance of asking deep questions to uncover clients' true needs
• [12:00] Current market conditions and advice for navigating volatility
• [16:00] DIY investors and the role of professional advisors
• [19:00] Bringing on the next generation: Internships and transitioning client relationships
• [22:00] The critical role of liability management and mortgage planning in financial success
• [25:00] Advice for financial advisors: Get in front of people and ask for what you want

Resources Mentioned:

• The Compound Effect by Darren Hardy
• The George Kinder Institute: Life Planning Course
• YCharts: Financial analysis and research tool

Connect with Us:
Reach out to Colin with your questions or feedback. Reach Out!

Follow us on social media for updates and more insights. @smplmortgage

If you enjoyed this episode, please like, share, and subscribe to Nurturing Success for more insights from industry leaders. Stay tuned for the next episode, where we continue to explore successful financial strategies and practices. If you are interested in being our next guest, reach out to jack@smplmortgage.com to get scheduled.