Xypn Radio

Ep #296: Transitioning an Established Practice to Fee-Only: A Conversation with John Mason and Tommy Blackburn

Informações:

Sinopse

We’re excited to have John Mason and Tommy Blackburn on the show today. John and Tommy are partners at Mason & Associates, a fee-only firm out of Newport News, Virginia. Tommy and John are friends, first and foremost, but also business partners, both working at a firm that John’s uncle and father started together in the early 80s.  Today, the firm serves over 400 clients, a majority of whom are federal employees. John and Tommy talk about what it was like to transition the business from a broker-dealer into an independent firm, a transition they spearheaded just last year. John and Tommy reflect on what they gave up but, more importantly, what they gained by moving away from the broker-dealer structure. They share some sage advice about how preparation can be your best friend in a transition like this. John and Tommy also have a radio show together on their local radio station, and they discuss how radio marketing is a primary lead source for them and how it enables them to further their mission by expand