Broadcast media is a powerful force in society. And with the advent of new technologies, it has become more accessible to everyone. Since the majority of people are not taught how to manage money growing up, what role can broadcast media play in educating people about their finances?

In today’s episode of the Framework, Jamie Hopkins and Ana Trujillo Limon talk with Ric Edelman, Founder at Edelman Financial Engines, New York Times Best-Selling Author, and Host of the Ric Edelman Show. 

Combining his expertise in mass communication and financial planning, Ric has made a significant impact in the world of financial services. Having been in the industry for more than 36 years, he has a unique perspective on how the economy, markets, and investing methods have evolved over time. 

Ric talks with Ana and Jamie about his contributions to the financial services industry, why advisors should be knowledgeable about digital assets, and what advice he offers to financial advisors who want to start their own businesses.

Key Takeaways

  • Why growing up financially illiterate is a common phenomenon.
  • What made Ric interested in financial planning.
  • His contribution to promoting financial literacy.
  • Ric’s key criteria for selecting a financial advisor.
  • What to expect from his brand new media company.
  • His advice to financial advisors who want to build their own business.
  • The power of mass media in building a business.
  • Why hiring people is one of the keys to growing your business.
  • How Ric diversifies his assets.
  • The reason behind the foundation of DACFP.
  • Digital assets as the future of global commerce.
  • Why knowledge of Bitcoin is a necessity for advisors.

“Don’t be a generalist. In today’s highly specialized world, be known as the narrow-focused expert in a given area.” – Ric Edelman

Links

Connect with our hosts

Subscribe and stay in touch

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

Senate Addresses Taxes, Deficit, Inflation, Health Care in Proposed Bill 

By: Jamie Hopkins
Sonu Varghese, Director, Investment Platforms; and Ryan Detrick, Chief Market Strategist, contributed to this report. Senate Democrats have reached a general agreement on a bill to address climate change, …
Blog

The Feedback Framework: The Critical Importance of Feedback

By: Jessica Harrington
Think back on your career. If you’re anything like me, you might have a painful memory or two about feedback that was given to you in a less-than-constructive way. …
Blog

Ryan Detrick: Making Sense of the Markets in Times of Turmoil

By: Jamie Hopkins
Ryan Detrick’s experience with the stock market goes back to 1999, during the dot-com boom – and subsequent bubble burst. “It was really fun, and everybody's making money,” Ryan …
Blog

3 Questions Financial Advisors Must Answer Before Pursuing M&A Deals

By: Carson Group
Michael Belluomini, Vice President, Mergers and Acquisitions There has never been a better time for advisor-CEOs to explore growing their business through M&A. Two key trends are fueling opportunities for …
1 2 3 112