Weekend Studying For Monetary Planners (October 7-8)

Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information {that a} current survey discovered that shoppers throughout a number of nations who work with a CFP skilled have higher outcomes on a variety of measures in comparison with these working with different advisors or no advisor in any respect, suggesting that the potential advantages of gaining CFP certification can accrue not solely to the advisor themselves, but in addition to their shoppers.

Additionally in business information this week:

• A brand new advisor benchmarking research signifies that high-growth corporations are excelling in 3 areas: consumer acquisition, “relationship alpha”, and strategic scale
• A current survey signifies that whereas advisors more and more are leveraging residence workplace funding fashions to save lots of time and scale extra effectively, they typically customise them to satisfy their shoppers’ distinctive wants

From there, now we have a number of articles on retirement planning:

• Why “unretiring” doesn’t essentially should imply going again to work full-time or in a single’s former business
• The motivations for people who’ve reached ‘conventional’ retirement age to maintain working and the way advisors can help shoppers who’re contemplating this resolution 
• How volunteering gives a variety of psychological and bodily advantages to retirees and the place they will discover alternatives of their neighborhood

We even have a variety of articles on consumer communication:

• Finest practices for advisors in dealing with tough consumer communication situations
• How advisors can add worth to shoppers by serving to them overcome “alternative overload”
• The advantages of proactively informing shoppers about modifications to an advisor’s enterprise and the way advisors can construction and ship these messages

We wrap up with 3 ultimate articles, all about defining wealth:

• How defining wealth by way of what a person “can do” relatively than as an arbitrary quantity will help shoppers higher perceive the “why” of their monetary choices
• How wealth will be considered one’s capacity to regulate their time
• How thinkers over the centuries have outlined “sufficient” and what their conclusions imply for people right this moment 

Benefit from the ‘mild’ studying!

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