Ben Hockema, CERTIFIED FINANCIAL PLANNER™

Ben explains his philosophical approach to financial planning and the significance of self-reflection and being intentional with your spending. He also shares easy tips for busy, overwhelmed parents on how to develop a path that is unique to their own family’s goals, hopes, and dreams.

Listen to this informative Legacy Leaders episode with Ben Hockema about financial planning for diverse clients. Here is what to expect on this week’s show:

● Ben stresses the importance of getting to know clients on a deeper level, fostering trust and vulnerability in the financial planning process.
● For younger clients, the emphasis is on cultivating healthy financial habits such as saving and managing expenses rather than solely focusing on investments.
● Ben explains… Show more

Listen to this informative Legacy Leaders episode with Ben Hockema about financial planning for diverse clients. Here is what to expect on this week’s show:

● Ben stresses the importance of getting to know clients on a deeper level, fostering trust and vulnerability in the financial planning process.
● For younger clients, the emphasis is on cultivating healthy financial habits such as saving and managing expenses rather than solely focusing on investments.
● Ben explains, Illuminate Wealth Management offers a diverse range of investment options tailored to individual needs, ensuring that portfolios align with clients' risk tolerance and financial objectives. Show less

We focused on creating value, the reasons people are turning to message boards and social media for financial insight, how advisors can meet the needs of clients, and how to get started, with Ben Hockema, CFP and Founder of Illuminate Wealth.

In this episode, we talk in-depth about how Ben leveraged some of his personal relationships to find 2 passive investors who were willing to give him money in exchange for a 25% stake in his new RIA and the 16 existing clients he'd be buying out from his prior firm, how, through developing a structured annual client service calendar guiding their offerings month-to-month throughout a given year, and a fee schedule structured around a client's net worth, Ben has been able to attract prospects… Show more

In this episode, we talk in-depth about how Ben leveraged some of his personal relationships to find 2 passive investors who were willing to give him money in exchange for a 25% stake in his new RIA and the 16 existing clients he'd be buying out from his prior firm, how, through developing a structured annual client service calendar guiding their offerings month-to-month throughout a given year, and a fee schedule structured around a client's net worth, Ben has been able to attract prospects and rapidly grow his client base from $16M to $100M in just the past 3 years, and how Ben's successful growth phase led him to do a second round of capital with a wider base of 13 investors where he sold another 10% of his equity in order to further paydown his debts incurred in the original RIA transition and launch. Show less

In this conversation, we discuss how to create a solid financial plan in your career so you can focus your time and energy on the impact you can make. We discuss all kinds of possibilities; whether you want to stay in your current position as a therapist and/or teacher, whether you want to add an additional income stream, or whether you know for certain you want to start a business full time. We even talk about ways to explore opportunities if you have lots of ideas in your head and aren’t sure… Show more

In this conversation, we discuss how to create a solid financial plan in your career so you can focus your time and energy on the impact you can make. We discuss all kinds of possibilities; whether you want to stay in your current position as a therapist and/or teacher, whether you want to add an additional income stream, or whether you know for certain you want to start a business full time. We even talk about ways to explore opportunities if you have lots of ideas in your head and aren’t sure which direction is best for you. Show less

In this conversation, we discuss:
1. How to overcome shame so you can teach kids about money, even if you’re not a financial expert (or don’t think you’re good at money management)
2. How to have intentional conversations that help kids understand the value of money.
3. Making money tangible: How to help kids learn the value behind the numbers
4. What skills and abilities should someone have before they get a credit card?
5. How can families set up boundaries and expectations… Show more

In this conversation, we discuss:
1. How to overcome shame so you can teach kids about money, even if you’re not a financial expert (or don’t think you’re good at money management)
2. How to have intentional conversations that help kids understand the value of money.
3. Making money tangible: How to help kids learn the value behind the numbers
4. What skills and abilities should someone have before they get a credit card?
5. How can families set up boundaries and expectations in their homes when it comes to responsibilities, chores, and earning money.
6. Helping kids navigate earning opportunities such as getting money for chores, getting a job, or starting a side hustle. Show less

In this episode Ben and Misty discuss how goals-based financial planning can help motivate smarter financial decisions. They also dive into how financial planning has evolved and ways that people can start to feel better about their money no matter what stage of life they are in.

This episode is focused on helping parents talk to their kids about money. We talk about how wealth can relate to our self-worth, enough”ness” and balance as we navigate the world of choices for ourselves and our lifestyles. Financial health can reflect many aspects of our lives.

On this episode of CFO at Home, Vince has a conversation with Ben Hockema about how the habits, routines, and behaviors that he’s observed in High Net Worth Individuals that he’s actually worked with lines up with some of the common personal financial advice on wealth building that’s available today.

Ben and Shannah explore the idea of how much is “enough” money and what financial security looks like.

Ben and the Financial Dads talk the FIRE movement and other “hot” topics.

How money is a tool. Where the stories you have about money originate. How to navigate differing financial beliefs with your spouse (maybe one of you sees money as providing security and the other sees it as providing opportunity). What criteria you should consider when making investment decisions. The stages every person goes through on their journey to financial freedom. If you’re not completely satisfied with your relationship with money, listen in and get the gears turning on how you can… Show more

How money is a tool. Where the stories you have about money originate. How to navigate differing financial beliefs with your spouse (maybe one of you sees money as providing security and the other sees it as providing opportunity). What criteria you should consider when making investment decisions. The stages every person goes through on their journey to financial freedom. If you’re not completely satisfied with your relationship with money, listen in and get the gears turning on how you can begin to make financial progress you can feel great about! Show less

Ben talks personal finance and helps provide a different perspective when it comes to our relationship with money.

“Money is just a tool toward whatever you see for your life, whatever you envision, whatever your fulfillment could be. Whatever that is, it’s just a tool to go that direction.” Discover the ins and outs of financial intimacy and how it can strengthen your relationships in this eye-opening conversation with Ben Hockema of Illuminate Wealth Management and our host Ed Coambs of Healthy Love and Money. Learn how to navigate the challenges couples face in their financial lives together while… Show more

“Money is just a tool toward whatever you see for your life, whatever you envision, whatever your fulfillment could be. Whatever that is, it’s just a tool to go that direction.” Discover the ins and outs of financial intimacy and how it can strengthen your relationships in this eye-opening conversation with Ben Hockema of Illuminate Wealth Management and our host Ed Coambs of Healthy Love and Money. Learn how to navigate the challenges couples face in their financial lives together while uncovering the psychology of money and the important role it plays in our lives. Show less

We talked about how to give yourself a financial permission slip to spend and invest your money, how to find financial certainty, the psychology behind money and why we make the same mistakes over and over again, and how to get started, with Ben Hockema, CFP. Listen to learn the right questions to ask a financial advisor before you hire them!

Ben kicks off this episode by discussing his decision to leave an independent advisory firm and pursue his own vision. He dives into how he managed to create a virtual client base and business model that focuses on work-life balance and client needs.

What you believe about money affects your financial decisions. Know yourself better to understand how you deal with money.

What is the number one mistake people make in financial planning? Ben Hockema addresses this question and many more has he talks with Jeff and Jami about what financial planning is really about and it’s not about whole life insurance or savvy stock trades. Ben shares insight, wisdom, and stories on what you can do to make your financial future bright.

The article highlights some steps that advisors take on preparing clients and their portfolios for potential market downturns.