Episode 129: This week, Kyle Van Pelt talks with Mitch Hamer. Mitch is the Founder & Lead Advisor at Intersecting Wealth, where he partners with families to navigate their financial lives with clarity and intention. With an approach rooted more in psychology and behavior, Mitch helps clients step back from the things that get far too much attention and focus on the priorities that are often overlooked.
Kyle and Mitch unpack the real alpha inside modern advisory work. They also discuss the challenges of scaling a highly personalized service, the importance of building a multi-generational firm to serve multi-generational clients, and the self-aware entrepreneurial path that focuses on alignment, work-life balance, and finding your own unique way in the industry.
In this episode:
(00:00) - Intro
(01:55) - Mitch's money moment
(03:32) - Mitch's journey from options trading to wealth advisory
(09:16) - Why advisors say planning is everything
(12:08) - The challenges of scaling highly personalized service
(15:38) - What it takes to start an RIA without an established book of business
(22:03) - The difference between a strategist and a technician