Alright – so today we’ve got the honor of introducing you to Jerry Fetta. We think you’ll enjoy our conversation, we’ve shared it below.
Jerry, thanks for joining us, excited to have you contributing your stories and insights. We’d love to start by getting your thoughts on what you are seeing as some the biggest trends emerging in your industry.
My company, Wealth DynamX, serves in the Financial Services industry and one of the biggest trends this industry faces is actually lack of new, talented professionals. The financial services industry boomed in the 1970’s-1990’s and has slowly tapered off with less and less new professionals coming into the industry. Most of those in this industry are in the 40’s, 50’s and even 60’s and 70’s and have lots of great experience and expertise, but are nearing retirement. There are not enough new professionals coming in and taking the reigns. What most do not realize about the financial services industry is it is one of the highest paid professions in the country and as a business model, the most scalable. All you need is your professional licenses and you can begin helping families and individuals achieve greater financial freedom. Even a real estate agent relies upon the inventory of homes and the buyers and sellers out here. A financial professional relies on nothing other than his or her ability to talk with lots of people and serve their needs with products and services that help improve the finances of their clients. This business is not only well paid and arguably the most scalable, but for me it has aligned extremely well with my purpose. Helping families learn about finances, get out of consumer debt, have more money saved, begin investing, reducing taxes, and just all around winning, financially, is one of the most rewarding things out there. The feeling of changing someone’s life does not compare to anything else. And lastly, the financial services industry is recession proof. My company has grown in revenue about 400% since 2019 and continues to during pandemics, times of inflation, and economic unrest. This is why I am expanding so rapidly. But the demand for talented professionals is simply not being met at the rate it is needed.
Jerry, love having you share your insights with us. Before we ask you more questions, maybe you can take a moment to introduce yourself to our readers who might have missed our earlier conversations?
I am the CEO and Founder of Wealth DynamX, LLC. We serve families and individuals all across the United States to help them become financially literate, solvent and achieve greater financial freedom in their lives. We also offer an affiliate agent opportunity for our clients to get licensed as a financial professional and share the truth about money with those around them. I joined the Financial Services industry straight out of high school and have been doing it ever since. We offer financial education and financial services that help our clients save & protect their money from banks, Wall Street and the IRS. We also help clients keep more of their hard earned cash so they can invest for passive income and achieve greater financial freedom as a result. What makes us different than others is we are like a financial advisor, but we teach only what the Top 1% of Wealth have historically done and we do not give money to banks or Wall Street like most financial advisors do. I am most proud of the results my team gets for our clients. We have done everything from helping clients get rid of hundreds of thousands in student loans, save six figures in taxes, become a net worth millionaire, and even achieve Financial Independence where a client’s Passive Income from investments exceed their savings, expenses and taxes.
How’d you build such a strong reputation within your market?
The #1 thing that has helped me build my positive reputation with my clients is a personal level of service and always being there to help. Especially in the financial and investing world, not everything always goes according to the plan and when that happens, clients want to know you have their back and are going to help them no matter what. I personally have taken a very high level of responsibility for my clients and have instilled this into the culture of my company so that clients know that no matter what, we are there for them. From little tiny things to answering emails on the weekends to give them speedy responses, to helping them through confusions, or even stuff like unplanned financial problems that might show up or strategizing for financial windfalls they were not expecting. No matter what, be there and help. And by doing this everyday, this is the reputation I’ve been able to build.
Do you have any insights you can share related to maintaining high team morale?
Manage by statistics. Every staff member has something valuable they produce for the company in exchange for a job and compensation, and that thing can be measured with a stat. So every employee has a graph and enters their stats and we manage strictly based on their statistics. This creates a boost in morale because there are no company politics. We don’t penalize people when their stats are up. And we don’t keep them if they keep their stats down. It creates a great deal of certainty and productive staff members know they have job security and are valued. We also pay profit share to staff members who are vested so that as we expand, they are directly rewarded financially. It makes it their game too and they see an economic benefit from everything they do.
Contact Info:
- Website: wealthdynamx.com
- Instagram: https://www.instagram.com/jerryfetta/?hl=en
- Facebook: https://www.facebook.com/WealthDynamX/
- Linkedin: https://www.linkedin.com/in/jerry-fetta
- Twitter: https://mobile.twitter.com/JerryFetta
- Youtube: https://www.youtube.com/c/jerryfetta
- Other: jerryfetta.medium.com