What do financial advisors need to know to have impressive list of high-networth clients?
That’s the question everyone in the business wants to find the answer to.
So, we did some digging to unearth the 10 Strategies from the heaven
above for high-net-worth financial advisors. If you want to enjoy the status of the crème de la crème in financial advising, then it is time to live by this stone tablet!
Improve service quality
HNWIs bring in a lot of business. The stature of their wealth demands more
attention, personal communication, and seamless service
As a financial advisor, if you are looking to get more HNWIs, then your goal
should be to provide them with comprehensive and customized investment plans. Don’t believe us?
According to CapGemini’s 2019 wealth report, firms that ranked higher in
personal connection outperformed ones that ranked lower in several financial parameters. Therefore, never forget to include a little personal touch.
Focus on high density segment
Spectrem Group research has concluded that 63% of HNWIs are retired and 14% consider themselves semi-retired. Also, 30% of them invest only during an event i.e., they seek consultation only when the need arises.
Which means that a majority of them are looking for estate planning, customized wealth management solutions, and philanthropy options
Make sure these areas are your strengths when it comes to giving them advice.
To Continue Reading... Click Here- https://canetwork.com/10-strategies-to-attract-engage-and-land-high-net-worth-clients/
Your goal should be to provide them
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