What if your next big breakthrough as a financial advisor didn’t come from a new strategy or software—but from the people you surround yourself with?
In this episode, I’m sharing 10 best practices for networking and collaborating with like-minded advisors—the same principles I’ve used and taught for decades to help advisors grow faster and stay inspired. I’ll break down how to build powerful mastermind groups, choose the right industry events, and engage in meaningful online communities that actually move the needle.

🎯 What You’ll Learn:
Why isolation is one of the biggest risks to your success
 How to form or join a mastermind group that truly adds value
How proactive networking can drive both personal and professional growth

⏰ Timestamps:

(04:02) How mastermind groups keep elite advisors sharp
(06:26) How the right industry events reignite growth and perspective
(10:00) Why group fit matters more than group size
(14:04) How “faucets and sponges” keep masterminds balanced
(16:55) How celebrating wins fuels mutual growth


The Magellan Academy & Network

The rules and tools for success in the financial services industry are about to change radically.

I have spent over 25 years coaching only financial advisors. In that time, I have personally conducted over 50,000 individual coaching sessions. I have built a profound knowledge base of what it takes to achieve lifelong success in business and life. In my career, I have transformed 1,000’s of advisors (below are video and written testimonials by many of them).

Many of you probably paid thousands of dollars to various coaching programs with very mixed results. Most coaching programs are just that. A pre-planned process that is “cookie cutter”. Where they have salespeople having to “sell” you on their program and results. In most cases, it’s about the coach, their ego, and their money. They base their program on “practice management” or “marketing”. They make you more intelligent. What they all fail to do is help you make that “mindset” shift that must happen for you to realize your dreams and vision.

I am going to coach you, teach you, inspire you, and train you all on your mobile device every business day. You are going to get better at business development, practice management, personal development, and your vision.

Here is what you are going to get from me each month:
- A 5-10 minute morning coach video each business day.
- 3 training videos of 20-30 minutes each. This will be a deep dive into four areas I mentioned above.
- A live group coaching session where you and I can interact and work together. 

Here is what you can do each month:
- Post a question to me and I will answer it.
- Collaborate and associate with like-minded advisors.
- Invite other great advisors into the network.

Your Bottom Line:
Here is the deal. I am not going to ask you for a credit card. Like I said before, coaching is personality driven. You might not like my style or tactics. So with that in mind here is my offer to you. Complete the short form below. You will receive an email with detailed instructions on how to join the network for the next 14-days. I personally approve each submission so this might take a few hours or a day at the most. I will not ask for compensation of any kind during that 14-days.

If after experiencing my work for 30-days and if you believe that I can help you, here is the deal. To remain in Magellan Network and have access to Magellan Academy, your daily investment in yourself will only be about the price of a Latte these days. One more thing, it’s a month-to-month deal. I’m not going to lock you into anything.

Take action now and complete the short form below and I look forward to welcoming you personally inside the Magellan Network.

Get Your Free Access to the Powerful Tools, Strategies & Masterclass

www.magellannetwork.net



10 Best Practices for Associating with Like-Minded Advisors 2025

Joseph Lukacs has coached and consulted financial advisors for nearly 25 years. In The Magellan Network Podcast, he will deliver concepts, strategies, mind-set shifts, and no nonsense advice that all financial advisers can benefit. 

He will also be interviewing some of the most successful professionals in the industry.    

Subscribe now and leverage his over 50,000 coaching and consulting sessions with financial advisors world-wide.

10 Best Practices for Associating with Like-Minded Advisors 2025

The Magellan Network Podcast With Coach Joe