Q&A with Startup Co-Founders – Financial Planning & Investment Management

Millennial Financial Planning

Name: Rob Gessner and Chuck Miller

Job Title: Financial advisors and co-founders of

Millennial Financial Planning

Career Field: Financial planning and

investment management

Industry: Finance

Company: Millennial Financial Planning LLC

Military Branch: Rob – Pennsylvania Army National Guard; Chuck – US Air Force

Military Occupation: Rob – Combat Engineer; Chuck – Security Forces

How did your military background help your career so far?

Leadership is the biggest one by far, and it will of even more importance as we grow our firm. As the co-founders, and entrepreneurs, everything begins and ends with us. We are responsible for every decision we make for the company, and we need to take the initiative to make those decisions and follow through.

As MFP grows and add employees, our leadership ability will make or break what the future looks like. Also, it will dictate the culture of our firm, which is something we think a lot of leaders overlook as an important aspect of their role.

What advice or steps would you recommend for veterans preparing to enter your career field?  

Do your research! We empower our clients with info and education, and the same goes for veterans looking into any career field. Find people who are doing the job already and get the inside track on what life is really like when doing the job. Just hearing “you can make a lot of money” probably isn’t good enough, it doesn’t mean you will be happy or find your work fulfilling.

What do you enjoy the most about your career field?

The most enjoyable part of this job is getting to help people with some of the most important parts of their lives. We connect their goals and wants directly to their happiness. Everyone wants to retire, some need to plan weddings, others want to help kids with the cost of college; these are what our clients are working so hard to accomplish. We also love knowing that our clients leave our meetings more in the know about their finances and money in general. We really think they appreciate the time we take to ensure they really understand their situation and financial plan.

What do you like least about your career field?

Right now, it is the administrative tasks. While they are necessary, in fact crucial, to the success of our company and our clients, they can be entirely too time consuming. Until the time comes that we can work with some trusted people to handle these tasks, we bear the responsibility. Some of it keeps MFP legal, so we make sure it gets done.

What skills, abilities, and personal attributes are essential to success in this career field?

Perseverance is a big one. You can’t, and won’t, make everyone a client; you can’t help everyone. Being able to get around hearing “no” or “not interested” and keep trying is a big hurdle for some folks to get over.

Self-motivation and time management are big attributes as well. It is easy to get side tracked with tasks that really are not productive, or meetings get cancelled or rescheduled, and you have to be flexible while at the same time remaining focused.

How do most people get into this career field?  What are common entry-level jobs?  

A lot of the people we have known just jumped into it. They had a business owner mindset and the finance industry fits into that in many ways. Also, some may have started out as interns or junior reps while in college, and then could transition to full time after gaining experience and insight into the career.

How did you find and apply for this job role (career fair, networking contact, online application, etc.)?  

We created Millennial Financial Planning, so thankfully we knew we would get hired! But we can say that most companies list their open positions all over the web. Career fairs are another big one. They can be good because you get to speak face to face with another rep or your potential boss.

What made you stand out as a candidate for this job role?

This will sound strange, but frustration. We were not happy in how the industry obtained clients, and wanted to do things differently. Our outlook was to change the industry of financial planning and wanted to make it accessible to everyone. We want to change the mindset of most Americans who think they do not make enough money to get help with that money. It is 100% not true, and we wanted to be the guys who fixed that problem. We stand out because of our mindset on money….”wealth is a state a mind, not a number in a bank account”

What kind of education, training or experiences does your job role require?

The proper financial licensing is the biggest requirement. They are not easy to obtain, and require a great deal of time and study to pass the exams. The services or products you want to provide determine which specific licenses you need. There are also continuing education courses that need to be completed every few years. Some of the material can be math heavy, or just generally technical, so people need to be prepared for that.

What are the major components of your job role on a daily basis?

As a startup, our roles change day to day, sometimes even minute to minute. Overall, we serve as the planner and investment advisors for our clients and their plans. When we first started, Rob basically became a lawyer to complete all the necessary paperwork to file our firm. Chuck is the constant visionary for concepts and ideas that will enhances our clients experience and continue to add value for them.

What do you like about your industry?

We love that there is no one way in finance. Each client has their own priorities, and that was one trend we saw and helped in the start of MFP. A lot of Millennials want to focus on getting rid of their student loan debt, others who are past that hurdle now want to get their first home. We actually have clients of every age demographic right now, not just Millennials, so we enjoy being able to have unique conversations specific to that person.

How do you see your industry changing in the next 10 years?

10 years in our digital age will see more changes than what occurred over the past 100 years. We think the financial world will continue to see more automation, and certainly more digital tools to help both clients and advisors. We are likely to see regulation changes as well, just like the recent DOL rule, that will gear practices more towards the protection and well-being of clients.

43 Replies to “Q&A with Startup Co-Founders – Financial Planning & Investment Management”

  1. very good post, I actually love the website, continue it Merci beaucoup pour cette info. C’est vraiment ncessaire de connaitre ce genre de renseignement.

  2. I simply want to tell you that I am new to weblog and seriously enjoyed this web-site. Probably I’m want to bookmark your site . You amazingly come with excellent article content. Kudos for sharing your web page.

  3. I’m impressed, I need to say. Really not often do I encounter a blog that’s each educative and entertaining, and let me let you know, you may have hit the nail on the head. Your concept is outstanding; the issue is something that not enough people are speaking intelligently about. I’m very pleased that I stumbled throughout this in my seek for something regarding this.

  4. I would like to express thanks to the writer just for rescuing me from this type of instance. Right after looking throughout the world-wide-web and finding proposals which are not productive, I was thinking my life was well over. Living without the presence of strategies to the problems you’ve solved by means of your guideline is a serious case, as well as ones which may have badly affected my career if I had not come across your web page. Your personal capability and kindness in taking care of the whole lot was valuable. I am not sure what I would have done if I had not come upon such a subject like this. I can also at this moment look ahead to my future. Thank you so much for this professional and sensible help. I will not be reluctant to propose your web sites to anyone who needs to have assistance about this subject.

  5. My wife and i got absolutely glad that Chris could do his survey while using the precious recommendations he received through your web pages. It is now and again perplexing to simply choose to be freely giving hints that most people might have been making money from. We really see we have the website owner to be grateful to for that. The entire explanations you have made, the straightforward blog menu, the relationships you help to foster – it’s most astounding, and it’s assisting our son in addition to us understand this subject matter is pleasurable, and that’s exceedingly mandatory. Thanks for the whole thing!

  6. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888

  7. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214

  8. Just about all of the things you point out is supprisingly appropriate and it makes me ponder the reason why I hadn’t looked at this in this light before. Your article truly did switch the light on for me personally as far as this specific subject goes. But there is just one point I am not too cozy with so while I attempt to reconcile that with the central idea of your position, allow me observe exactly what all the rest of your subscribers have to point out.Well done.

  9. you are in point of fact a good webmaster. The web site loading pace is incredible. It kind of feels that you are doing any unique trick. In addition, The contents are masterwork. you have done a wonderful activity in this matter!

  10. Thanks a lot for giving everyone a very breathtaking opportunity to read in detail from this blog. It’s always very lovely and stuffed with fun for me personally and my office colleagues to visit your web site at least three times in 7 days to read through the new secrets you have. And definitely, we’re always motivated with the astonishing secrets served by you. Selected 3 ideas on this page are truly the most suitable we have all ever had.

  11. Hi! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing a few months of hard work due to no backup. Do you have any solutions to stop hackers?

  12. Tremendous things here Q&A with Startup Co-Founders – Financial Planning &
    Investment Management – Your Journey. Our Experience.

    . I’m very glad to look your post Q&A with Startup Co-Founders – Financial Planning & Investment Management –
    Your Journey. Our Experience. . Thanks a lot and I am taking a look ahead to contact you Q&A with Startup Co-Founders –
    Financial Planning & Investment Management –
    Your Journey. Our Experience. . Will you kindly drop
    me a e-mail?

  13. I’m not that much of a online reader to be honest but your blogs really nice, keep it up!

    I’ll go ahead and bookmark your website to come back down the
    road Q&A with Startup Co-Founders – Financial Planning &
    Investment Management – Your Journey. Our Experience.

    . All the best

  14. Thanks a lot for giving everyone such a memorable opportunity to read critical reviews from this website. It is usually very pleasant plus stuffed with a lot of fun for me and my office fellow workers to visit the blog at minimum 3 times every week to read through the latest issues you have got. And lastly, I am just usually fascinated considering the mind-blowing knowledge you serve. Selected 2 areas in this posting are definitely the simplest I have had.

  15. Excellent blog here! Also your website loads up very fast! What host are you using? Can I get your affiliate link to your host? I wish my web site loaded up as quickly as yours lol

  16. This is really interesting, You are a very skilled blogger. I have joined your rss feed and look forward to seeking more of your excellent post. Also, I have shared your website in my social networks!

  17. I wanted to jot down a simple note so as to say thanks to you for all the amazing items you are giving out at this site. My time intensive internet investigation has finally been compensated with pleasant insight to share with my family and friends. I ‘d mention that most of us readers are definitely lucky to be in a useful community with so many awesome professionals with interesting basics. I feel truly happy to have come across your web pages and look forward to tons of more exciting minutes reading here. Thank you once more for a lot of things.

  18. I want to get across my appreciation for your kind-heartedness in support of those who should have help on that subject matter. Your personal dedication to passing the solution all-around had been amazingly informative and have all the time helped associates like me to get to their aims. This warm and helpful help and advice denotes a great deal a person like me and substantially more to my mates. Thanks a lot; from everyone of us.

  19. Excellent read, I just passed this onto a friend who was doing some research on that. And he actually bought me lunch because I found it for him smile Therefore let me rephrase that: Thank you for lunch!

Leave a Reply

Your email address will not be published.