At the last Academy (January 2012 Academy 2), you mentioned that when someone asked us ‘What do you do, aren’t you a Financial Advisor?’, we should say ‘No.’ What do you say if you are still transitioning out of a position as a Financial Advisor- a role you plan on exiting at some stage?

If you are in the Committed Advisor Program (which you are) you have already "transitioned" when dealing with new people. Therefore, from now on, you would never tell someone new that you meet that you are what they would perceive as an old-school Financial Advisor. I think there is some golden content on the recordings from the last Academy (January 2012 Academy 2) that gives you the exact verbiage you are looking for to articulate your value proposition.

If after giving them a book, conducting a phone consultation, and doing their Financial Road Map; you find that that they don't meet your Ideal Client Profile and your monthly must-have revenue worksheet indicates that you have to have to do some transactions with non-Ideal Clients to survive, follow the process I taught you on Day 6 of the Academy (January 2012 Academy 2) for doing so.

Talk to lots of people and hone your skills.