Dylan is a senior at UW-Milwaukee, double majoring in Marketing & Supply Chain and Operations Management. During his internship, he will be working closely with Salesforce. Dylan is passionate about diversity marketing and customer advocacy.
More often than not, HNW individuals will have three main questions before picking the financial professional that is right for them. Advisors must be prepared to answer the following questions when working to convert prospects into long-term clients.
As the vision for the complete solution starts to flesh out, organizations quickly realize they need a solution that integrates into their pre-existing back office technology stack.
There are many ways to improve your ROI. So, how does your ROI stack up against your competitors?
There is a widespread need for financial advice, and with many competitors in the market, it is important to make the client feel like more than just another number.
Though there are many practices to perpetuate that client-advisor relationship, there is arguably none better than pairing expert advice with reliable technology.
As noted business researcher Chester L. Karrass once stated in one of his most renowned pieces, “In business as in life – you don’t get what you deserve, you get what you negotiate.” Negotiation is truly more than just an act to reach an agreement; it is an art and a talent that can be incredibly hard to acquire.
As a financial advisor, you know the role that high-net-worth (HNW) and ultra-high-net-worth (UHNW) clientele can play in your success. Working with clients who are worth over $1 million in liquid assets can provide a lot of opportunity due to their amount of wealth and their more substantial need for financial advice to match.
With the help of an intern, you will have more available time to more effectively communicate with your clients and work to maintain a relationship with them.