Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information {that a} current survey sponsored by CFP Board demonstrates the upsides of a profession in monetary planning, from a median wage of practically $200,000 to versatile work schedules and a robust sense of objective amongst advisors. As well as, associated analysis suggests additional alternatives for companies seeking to purchase and retain expertise, from offering a better sense of autonomy to constructing efficient service groups.
Additionally in trade information this week:
- A current research finds that having an outlined advertising technique is a linchpin of promoting success, as advisors with an outlined technique had been extra prone to have seen a rise in inbound leads in the course of the previous 12 months and have extra confidence in assembly their observe targets in the course of the coming yr than these with out one
- The variety of RIA-focused annuity marketplaces and their gross sales quantity continues to develop as many brokers flip to the RIA channel and commission-free annuity choices make annuities extra enticing to fee-only advisors
From there, we’ve a number of articles on advisor advertising:
- How creating content material that solutions the questions of a agency’s best goal shopper may help it construct belief with potential shoppers even earlier than assembly with them
- How advisors can greatest leverage shopper testimonials and opinions, together with why video is usually the simplest medium to ship them
- How advisors can successfully ask for shopper referrals with out coming off as too ‘salesy’
We even have plenty of articles on money stream and spending:
- How advisors may help shoppers higher perceive the “why” of their spending habits
- Why a big variety of youthful Individuals are affected by “cash dysmorphia” and the way advisors may help them see the fact of their funds
- An exploration of research-backed strategies for producing essentially the most happiness with regards to spending cash, from ‘shopping for’ time to delaying consumption
We wrap up with 3 ultimate articles, all about saying “no”:
- How curating a shorter to-do record may help people overcome “planning bias” and get extra executed on time
- Why saying “no” to invites and alternatives can liberate time for one’s highest priorities
- Experimental findings counsel that folks are inclined to overestimate how upset these providing an invite shall be if the invitee decides to say no it, suggesting that people can preserve extra free time of their schedule with out burning bridges with family and friends
Benefit from the ‘gentle’ studying!
