{"id":134948,"date":"2024-11-17t12:00:30","date_gmt":"2024-11-17t17:00:30","guid":{"rendered":"\/\/www.g005e.com\/?p=134948"},"modified":"2024-12-06t12:19:58","modified_gmt":"2024-12-06t17:19:58","slug":"rory-henry-upends-the-traditional-accounting-firm","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/11\/17\/rory-henry-upends-the-traditional-accounting-firm\/","title":{"rendered":"rory henry upends the traditional accounting firm"},"content":{"rendered":"\n\n\n
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henry<\/figcaption><\/figure><\/td>\n
rory henry, a behavioral financial advisor, is the director at arrowroot family office and co-founder of afo wealth management forward. he has created a program to help accounting professionals incorporate holistic wealth management and proactive planning services into their practice.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

why \u201cadvisory\u201d encompasses more than you might think.<\/strong><\/p>\n

by rory henry<\/em>
\nthe holistic guide to wealth management<\/a><\/em><\/p>\n

i work at a virtual family office called arrowroot family office<\/a>. over the course of my career i have learned that family (and family dynamics) significantly shapes who we are and how we form relationships in life.<\/p>\n

more: <\/b>why now is the time for cpas to embrace wealth management<\/a><\/h4>\n

research shows that one of the biggest drivers of family dynamics is the order in which each child is born. birth order theory, developed by alfred adler in the 20th century, suggests that the order in which children are born can have a significant impact on their development and personality.
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\naccording to birth order theory, firstborn children tend to be more responsible and less reckless than their younger siblings as parents are often stricter with their firstborn offspring and expect them to set an example for the younger siblings. firstborns also tend to have a great deal of confidence, having benefited from having their parents\u2019 exclusive attention early on. it may come as no surprise that eldest children gravitate into leadership roles professionally and often serve as the leaders of their families.<\/p>\n

youngest children have a carefree reputation and tend to take one of two paths when developing their personalities, according to adler. they often enjoy freedoms that older siblings didn\u2019t have. as parents\u2019 rules become more relaxed, youngest children are assured of their place in the family and can be very creative, rebellious and outgoing. according to adler, they can become the \u201cgo-to\u201d person in the family, achieving great things. but they can also become avoidant if they lack the confidence or drive to excel.<\/p>\n

middle children are often seen as peacekeepers, diplomats and negotiators. they are often skilled at seeing both sides of an argument and can mediate between their siblings. they are also often creative and independent thinkers. some famous middle children include martin luther king jr., abraham lincoln, madonna, britney spears, jennifer lopez and diana ross.<\/p>\n

each of these luminaries have strong leadership qualities and are known for their creativity and independence. they become more independent, think outside the box, feel less pressure to conform and are more empathetic according to katrin schumann, co-author of \u201cthe secret power of middle children<\/a>.<\/em>\u201d in a psychology today<\/a> interview she explained that \u201cmiddles are not embittered wallflowers \u2013 they are social beings and great team players.\u201d<\/p>\n

as a card-carrying middle sibling, i can assure you that being a \u201csocial being\u201d is what has allowed me to form tremendous relationships in life. again, there\u2019s that word \u201crelationships,\u201d which i believe will be the key to guiding us through the technological revolution that is upending work as we know it. relationships help us through difficult times and are the catalyst to help us reach our greatest heights.<\/p>\n

as some of you know i am a member of what southern californians call \u201cthe ucla family.\u201d we\u2019re bruins through and through. my parents met at ucla and graduated in 1971 and 1972, respectively. my older brother sean graduated from ucla in 2001, i graduated in 2004, and my sister tara graduated in 2007.<\/p>\n

mother and lifelong learning<\/strong><\/p>\n

i\u2019m fully committed to lifelong learning. i think i picked up this attribute from my mom, mary, who was a high school valedictorian and then became an educator and school principal. mom was always reading books when i grew up and she encouraged my siblings and i to do the same. she once appeared on the tv game show \u201cthe $25,000 pyramid\u201d and walked away with $25,000 in prize money after sailing through the rounds without missing a question. in fact, she only got one question wrong on her sats. i also have no doubt that my mom is the source of my creative thinking and my thirst for lifelong learning. that curiosity, combined with being a voracious reader, allowed me to obtain both the cfp (certified financial planner) and bfa (behavioral financial advisor) accreditation in less than six months.<\/p>\n

to earn the cfp you must master six core areas:<\/p>\n