One of the most important parts of building your financial planning business is figuring out how to incorporate tools that will improve productivity and efficiency. There are thousands of tools out there: software programs and apps that can handle anything from specific tasks to your entire business. How do you
Financial Planning and Career Advice
Financial Planning and Career Advice
Even if you are a young, self-employed financial planner right now, there’s a good chance you’ll have to hire someone down the road. Maybe you’ll grow your business into a large firm with multiple planners, or maybe you’ll just hire an assistant or paraplanner to help you manage your workload.
Whether you’re just starting out as a financial planner or are preparing for the next evolution of your career, one thing that you need to figure out is how you want to run your business. Many financial professionals use the traditional business model: managing their clients’ assets directly and charging
While some of your work as a financial planner is a solo activity, like making calculations and doing research, the heart of your business is interacting with your clients. Your communication and interactions with your clients are what allow you to develop a trusting partnership with them and encourage them
As a financial planner, you’re supposed to give your clients the advice and expertise they need to make wise financial decisions, right? So what happens when a client just decides something without getting your input? And what if that decision is something you would have advised against? This happened to
There are plenty of tools that you can incorporate into your financial planning practice to give your clients the best possible experience. Along with traditional programs like Quicken and eMoney, there are numerous other software options and mobile apps to consider. We’ve compiled a list of some of our favorites
To be an effective financial planner, it’s essential to know your strengths. You need to feel confident about what you can offer your clients. Everyone has some things that they are naturally better at. The key to being a good financial planner is recognizing your strengths and figuring out the