Why aren’t advisors offering financial planning services?

facebooktwitterlinkedinby featherAccording to Curelli Associates, only 42% of Advisors implement comprehensive financial planning. The question is why?

Broker Dealers want it. Regulators want it. Clients want it. Even advisors recognize the benefits which include-

  • Providing an organized approach to client review
  • Increases asset retention
  • Better able to manage client expectations
  • Creates stronger relationship with clients by providing more services
  • Increases assets under management
  • Identifies additional cross-selling opportunities
  • Increases referrals and sales leads.
  • Generates greater revenues per client
  • Greater loyalty to Broker Dealers, based on planning support

What’s the problem?  Stay tuned as we develop this important issue. In the meantime. would love to hear your ideas?

In financial health,

Jaimie

 

Written by Jaimie Blackman

Jaimie Blackman

Jaimie Blackman has created Sound Financial Decisions ™ powered by MoneyCapsules®, to help guide business owners through the complexities of succession planning.

Jaimie writes “Smart Succession”, a monthly column in Music Inc., and also writes a bimonthly column for Canadian Music Trades magazine. He has spoken at NAMM U Idea Center, and at Yamah’s Succession Advantage.

As a financial literacy educator he has taught at New York University and has lectured at the 92nd Street Y, Marymount Manhattan College, and CUNY.

As President of BH Wealth Management, Jaimie also helps his clients implement investment and insurance solutions which are aligned to their personal values. Visit bhwealth.com to learn more.

To subscribe to Jaimie’s Succession Success: Insights for Music Retailers, visit moneycapsules.com.

11 Comments

  1. Will you please try to find out for me what time the train arrives? It’s very thoughtful of you.That’s a terrific idea!He glared at Bill, ready to teach him a lesson.He seems at little nervous.The teacher tested us in English.The teacher tested us in English.I’m full.Be careful!He struck his attacker on the ear.

    Reply
  2. SPAX 16  1Am Anfang dachte ich noch: “Ach, die Fake schreier wieder”. Aber nach gefühlten 20km Bahnlänge muss auch ich zugeben, eeeeetwas skeptisch zu sein! Dennoch haben die auch so schon mehr Ausrüstung als vernünftig wäre!

    Reply
  3. Aww thank Susan…really hoping it inspires someone to make the call and find out more…helping even one more child is SUCCESS! Together we can make it happen…for ALL of the kids;) Appreciate your kind words!

    Reply
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  5. PubMed also has articles, journals submitted by the publisher – which may never be indexed, but do appear. To find them using Ovid, one of the Ovid Medline databases includes in process, publisher provided titles: Ovid MEDLINE(R) In-Process & Other Non-Indexed Citations and Ovid MEDLINE(R) 1948 to Present.

    Reply
  6. Me surpreendi com alguns detalhes desse texto… Por ter prisão de ventre, sempre me disseram que devo evitar a banana por que ela prende ainda mais. Nesse texto diz que ela ajuda a melhorar o intestino… Fiquei confusa agora!

    Reply
  7. João • 28 de Junho de 2010 às 21:52não consigo fazer download do ficheiro, mostra a página de erro, apesar disso, muito obrigado pelas tuas traduções de temas

    Reply
  8. Great post. Don’t you think, however, that by injecting yourself into this controversy by writing passionately about it that you are taking part in the proliferation of the fundamental ignorance that this type of non-event needs in order to survive?Ignore the ignorant lest you find yourself amongst them.Just saying.

    Reply
  9. What if things begin going more underground??Instead of having videos on a google server we just use a P2P video site. I guess it's kind of like Vuze the torrent program. Since the sites would not be storing any content there's no reason to have anything removed. It would work just like torrents.

    Reply
  10. Tu relato, una vez más, me acerca a lugares que no sabía existían… y he llegado a percibir el sonido de tus pasos en el silencio enorme de la iglesia…Maravilloso y sobrenatural, por cierto…

    Reply
  11. I don’t know all the facts. It would have been nice to be able to hear both sides of the story with sound research. Just not enough time in the day.

    Reply

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