What would it look like if financial advisors adopted a group approach to coaching? It’s a question Certified Financial Planner and newly minted entrepreneur Diana G. Yáñez is exploring with her new business, All the Colors. She is building on a well-proven premise: The fastest way to build a new habit is to join a group of people who are already doing the thing you want to do.

In this case, she’s bringing together people who are looking to build the knowledge, skills and practices that will give them confidence in their money decisions.

“When I work one-on-one with clients, it’s on them to implement the change,” Diana says. “I kept thinking, ‘There has to be a way to create a more supportive environment.'”

This summer, Diana plans to launch Bosque Money, a six-month group learning program. The idea is that participants will develop the habit of checking in on their money once a month. What went well last month? What’s coming up next month? What needs to shift?

In today’s episode, Diana talks to Ana and Jamie about how her earliest money memory – a trip to a candy store with her cousins in Mexico – made her think about the inequality money brings and what it means to be a woman in Latino culture; her circuitous path to the financial advisory space (this is her fourth career since graduating college); what it takes to create behavior change and drive impact; what it’s like to be a person of color in this industry; the power of meditation; and more.

Key Takeaways

  • Habit change takes time – and support.
  • Building generational wealth requires believing it’s possible to be in a better place.
  • System change starts one behavior at a time.

Quote

“If each of us flourishes more, it encourages others to flourish more.” – Diana G. Yáñez

Links

Carson Group is dedicated to helping advance equity, diversity and inclusion. Schedule a consultation to learn how we can help you grow your business and drive impact.

facebook twitter linkedin mail print
Share Post: facebook twitter linkedin mail print
Recent Posts
Blog

Anthony Zhang: Turning Challenge into Opportunity

By: Jamie Hopkins
Serial entrepreneur Anthony Zhang launched his latest venture, Vinovest, a fintech for fine wine investing, in 2020, just before the pandemic took hold. The stock market soon fell 30%, …
Blog

Dr. Richard Thaler: The Psychology Driving Our Money Decisions

By: Jamie Hopkins
Why do we make the decisions we do when it comes to money? In today's episode of Carson Group and PIMCO's Retirement Income Series, behavioral economist Dr. Richard H. …
Blog

Christine Benz: Breaking Down Retirement Income Planning Strategies

By: Jamie Hopkins
What philosophy guides your clients' retirement income planning? In today's episode of Carson Group and PIMCO's Retirement Income Series, Christine Benz, Morningstar's Director of Personal Finance, explains the key …
Blog

Dr. Wade Pfau: Retirement Planning in a Changing World

By: Jamie Hopkins
In today's episode of Carson Group and PIMCO's Retirement Income Series, Dr. Wade Pfau dives into the 4% rule and other retirement planning strategies. Wade is the founder of …
1 2 3 109