Kingdom Advisors

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Aug 18, 2009 9:58 am

I had a guy apply last week who is a "Kingdom Advisor". Anybody know anything about it? Looks like some sort of Christian deal.



I'm interviewing him later today, so I was just trying to see what I should expect. Bible thumper or is it just a way to get Christian clients?

Aug 18, 2009 10:22 am

They've got a website.  www.kingdomadvisors.org.  It is some sort of Christian deal.  They appear to be an organization that gives financial advisors who are believers a way to build their practices in a way that incorporates a Biblical viewpoint.  I can't figure out, in the short amount of time I'm willing to peruse their website for you, if you are affiliated with them like a B/D or if it is just a system like some of the cold calling and marketing systems we see.  You'll have to ask him.     

 
Just FYI, Bible thumper has a negative connotation to it. 
Aug 18, 2009 10:26 am
Spaceman Spiff:

They've got a website. www.kingdomadvisors.org. It is some sort of Christian deal. They appear to be an organization that gives financial advisors who are believers a way to build their practices in a way that incorporates a Biblical viewpoint. I can't figure out, in the short amount of time I'm willing to peruse their website for you, if you are affiliated with them like a B/D or if it is just a system like some of the cold calling and marketing systems we see. You'll have to ask him.     



Just FYI, Bible thumper has a negative connotation to it.





Sorry about the Bible thumper comment. I grew up Catholic and still have some issues there. What I meant by that is it financial planning within a Christian framework, or using Christian values in a Financial Planning framework. The latter I don't have a problem with. But if it's the former... my firm, my rules.



I actually looked at their website before I posted. But websites usually never tell the whole story.

Aug 18, 2009 11:03 am

I took it as using Christian values in a Financial Planning framework.   I didn't see it, but those values may spill over into investment choices.  For instance, the Timothy Funds have a very strict set of guidelines they use when looking at stocks.  I noticed there were some specific "partners" listed on the website, but I didn't look at them.  I'd be interested to hear what your interviewee has to say about it. 

Aug 18, 2009 11:05 am
Spaceman Spiff:

I took it as using Christian values in a Financial Planning framework. I didn't see it, but those values may spill over into investment choices. For instance, the Timothy Funds have a very strict set of guidelines they use when looking at stocks. I noticed there were some specific "partners" listed on the website, but I didn't look at them. I'd be interested to hear what your interviewee has to say about it.





I'll PM you the results. He'll be here in 25 minutes.

Aug 18, 2009 1:25 pm

I think it's exeedingly generous for the founders to build such a solid, faith-based program and then only charge $1500 to participate.




 
Out of curiosity, how did the interview go?
Aug 18, 2009 1:49 pm

Since it's popular request... the interview went ok. Not exactly what I'm looking for as far as advisors go, (lot's of certifications, but minimal assets and has been in the business for 5 years).



Spiff was right, it's more of a Christian-based idea within a financial planning framework. Seems like they are saying that if you always follow biblical ideals then you will never falter.



So, using biblical principles to invest and save and reduce debt. Kind of souped up Dave Ramsey.



This guy says that it is a set of personal beliefs that he has and that he thinks they work well together with investing people's money.

Aug 18, 2009 3:44 pm

The Bible actually talks more about money than any other topic.  Seems God knew that as a whole we wouldn't know how to handle it, so he told us over and over again what to do with it.  I agree that if you can work within Biblical principles it will work well with investing peoples money.   It works pretty much that way with anything in life, why should money be any different.  

 
So is the guy affiliated with Kingdom Advisors like I am with EDJ or you might be with LPL (I know you're an RIA)?  Or are they just a marketing and/or business building resource? 
 
Hopefully the guy doesn't read this forum.  You basically just told us you're not hiring him.  How many people could there be out there that just had an interview today who are currently working as a Kingdom Advisor?  
 
Aug 18, 2009 4:54 pm
Spaceman Spiff:

The Bible actually talks more about money than any other topic. Seems God knew that as a whole we wouldn't know how to handle it, so he told us over and over again what to do with it. I agree that if you can work within Biblical principles it will work well with investing peoples money. It works pretty much that way with anything in life, why should money be any different.



So is the guy affiliated with Kingdom Advisors like I am with EDJ or you might be with LPL (I know you're an RIA)? Or are they just a marketing and/or business building resource?



Hopefully the guy doesn't read this forum. You basically just told us you're not hiring him. How many people could there be out there that just had an interview today who are currently working as a Kingdom Advisor?





Good point. But there are at least six of the guys in my area. Looks like they have several hundred all over the country. But there is probably too much cursing on here for a Kingdom Advisor.



I think it's a business building type resource. He works for a local bank, but I don't know how he's stayed there so long not producing. God must be watching over him.



It's not a b/d or custodian.



Spiff, thinking about being a Kingdom Advisor?

Aug 18, 2009 5:24 pm

No.  If I were going to be affiliated with someone, I'd try to get affiliated with Dave Ramsey.  I think there are a lot of people who listen to his radio show and do whatever he says.  From a pure marketing standpoint I think he would be a better option than something like Kingdom Advisors. 

Aug 18, 2009 5:28 pm
I joined Kingdom Advisors several years ago.
 
I do not  tell my clients I am a member, but I do follow the principles.
 
 
Aug 19, 2009 9:25 am
Spaceman Spiff:

The Bible actually talks more about money than any other topic.  Seems God knew that as a whole we wouldn't know how to handle it, so he told us over and over again what to do with it.  I agree that if you can work within Biblical principles it will work well with investing peoples money.   It works pretty much that way with anything in life, why should money be any different.  

 
So is the guy affiliated with Kingdom Advisors like I am with EDJ or you might be with LPL (I know you're an RIA)?  Or are they just a marketing and/or business building resource? 
 
Hopefully the guy doesn't read this forum.  You basically just told us you're not hiring him.  How many people could there be out there that just had an interview today who are currently working as a Kingdom Advisor?  
 
 
My beef is with someone selling their "ministry", not the content. It's the same problem I have with Dave Ramsey. I think it is a little perverse to have someone claiming to be selflessly helpful, "teaching and living biblical principles", all the while making a very handsome profit while they're at it.
 
I have no problem with either (making a profit or selflessly helping someone) for whatever reason someone feels compelled to do so, I just don't think they should be mixed.
Aug 19, 2009 9:45 pm

Yeah, no offense guys but this thread is freaking me out. Where the heck are you guys from?



I'm Catholic, but I believe in the separation of church and commission!

Aug 20, 2009 9:54 am
SometimesNowhere:
Spaceman Spiff:

The Bible actually talks more about money than any other topic.  Seems God knew that as a whole we wouldn't know how to handle it, so he told us over and over again what to do with it.  I agree that if you can work within Biblical principles it will work well with investing peoples money.   It works pretty much that way with anything in life, why should money be any different.  

 
So is the guy affiliated with Kingdom Advisors like I am with EDJ or you might be with LPL (I know you're an RIA)?  Or are they just a marketing and/or business building resource? 
 
Hopefully the guy doesn't read this forum.  You basically just told us you're not hiring him.  How many people could there be out there that just had an interview today who are currently working as a Kingdom Advisor?  
 
 
My beef is with someone selling their "ministry", not the content. It's the same problem I have with Dave Ramsey. I think it is a little perverse to have someone claiming to be selflessly helpful, "teaching and living biblical principles", all the while making a very handsome profit while they're at it.
 
I have no problem with either (making a profit or selflessly helping someone) for whatever reason someone feels compelled to do so, I just don't think they should be mixed.
 
Dave has never been one to say he is selflessly helpful.  He makes it very clear that he makes a good living doing what he does.  He runs a business that helps people manage money based on Biblical principles and common sense.  His ministry, what he feels God has called him to do in life, is to teach stupid people how to handle their money.  He gets paid to work in his ministry.  Just like any preacher, priest, minister, rabbi, or other religous leader. 
 
I don't think you can mix selflessly helping someone and making a profit.  I really want to help people, but I want to get paid to do it.  Unless I feel like doing charity work and then I'll give selflessly. 
 
 
Aug 20, 2009 10:23 am
Omar:

Yeah, no offense guys but this thread is freaking me out. Where the heck are you guys from?

I'm Catholic, but I believe in the separation of church and commission!

 
So, you put your Biblical principles on the shelf when you walk into your office everyday?  How? 
 
I think what may freak you out is that there are people out there who believe that what they learn, sing, and talk about on Sunday morning can be applied throughout the rest of the week in their business life as well as their personal life.  It would be incredibly difficult for me to act one way on Sunday for a few hours and another way the rest of the week.  I know it happens all the time, which is another issue altogether, but I can't separate the two. 
 
As to where I'm from - a normal city in the midwest.  I grew up in a Southern Baptist church in a small town in the midwest.  I was taught that Sunday was a day to get together with other believers and worship, but that Monday through Saturday was the time to prove it. 
 
Aug 20, 2009 10:28 am

I understand why people want to separate making money and religious principals, but the big JC never said making large sums of money is a problem.

Aug 20, 2009 10:32 am
Spaceman Spiff:
SometimesNowhere:
Spaceman Spiff:

The Bible actually talks more about money than any other topic.  Seems God knew that as a whole we wouldn't know how to handle it, so he told us over and over again what to do with it.  I agree that if you can work within Biblical principles it will work well with investing peoples money.   It works pretty much that way with anything in life, why should money be any different.  

 
So is the guy affiliated with Kingdom Advisors like I am with EDJ or you might be with LPL (I know you're an RIA)?  Or are they just a marketing and/or business building resource? 
 
Hopefully the guy doesn't read this forum.  You basically just told us you're not hiring him.  How many people could there be out there that just had an interview today who are currently working as a Kingdom Advisor?  
 
 
My beef is with someone selling their "ministry", not the content. It's the same problem I have with Dave Ramsey. I think it is a little perverse to have someone claiming to be selflessly helpful, "teaching and living biblical principles", all the while making a very handsome profit while they're at it.
 
I have no problem with either (making a profit or selflessly helping someone) for whatever reason someone feels compelled to do so, I just don't think they should be mixed.
 
Dave has never been one to say he is selflessly helpful.  He makes it very clear that he makes a good living doing what he does.  He runs a business that helps people manage money based on Biblical principles and common sense.  His ministry, what he feels God has called him to do in life, is to teach stupid people how to handle their money.  He gets paid to work in his ministry.  Just like any preacher, priest, minister, rabbi, or other religous leader. 
 
I don't think you can mix selflessly helping someone and making a profit.  I really want to help people, but I want to get paid to do it.  Unless I feel like doing charity work and then I'll give selflessly. 
 
 
Right. I think the point is if you are truly trying to be helpful, don't charge for it (except MAYBE what it costs to cover what you incur in trying to help). After that, you are not really "helping", and therefore I don't think it's ministry. If Mother Theresa charged to take care of sick people, she wouldn't be seen as the wonderful person she was. She would just be a hospital administrator.
 
I think my point is that it is offensive when people attempt to increase their profits or create a for-profit business that is driven by adding a cross or "Christian" or "biblical" or "God" or anything else. Charging someone to be an "ELP" or to be a "Kingdom Advisor" is exploitative. If you know someone that manages money in a way that is consistent with your beliefs, fine, pass their name to someone who is looking for that. Don't charge someone for the right to have your name passed along.
Aug 20, 2009 11:40 am
Spaceman Spiff:
Omar:

Yeah, no offense guys but this thread is freaking me out. Where the heck are you guys from?

I'm Catholic, but I believe in the separation of church and commission!

 
So, you put your Biblical principles on the shelf when you walk into your office everyday?  How? 
 
I think what may freak you out is that there are people out there who believe that what they learn, sing, and talk about on Sunday morning can be applied throughout the rest of the week in their business life as well as their personal life.  It would be incredibly difficult for me to act one way on Sunday for a few hours and another way the rest of the week.  I know it happens all the time, which is another issue altogether, but I can't separate the two. 
 
As to where I'm from - a normal city in the midwest.  I grew up in a Southern Baptist church in a small town in the midwest.  I was taught that Sunday was a day to get together with other believers and worship, but that Monday through Saturday was the time to prove it. 
 
 
Easy Space, I'm not knocking your beliefs or religion.  I've just never seen them used in context with the name of a firm.