Are you a Financial
Advisor? Interested in demonstrating
value for your client? Expecting more
questions with #CRM2 reporting requirements? And new fee structures offered by
competitors?
These are the challenges
that every FA is facing in 2017. With new
reporting and information, come new questions.
With fee structures more transparent than ever, fees come into
question. One type of new fee
structures being offered: ‘pay for performance’ is anticipated to cause a
movement of clients between wealth management firms. Explaining why 3-7% performance is
historically what the majority of portfolios have returned is a challenging
proposition.
2017 will be filled with
more questions. CRM2 has drawn attention
to fees and performance. Client
retention becomes a bigger concern for the FA.
But with crisis and
challenge, there is opportunity. Every
FA now has clients that are questioning their investments and performance. People are looking around. This is the year to capture new clients and
add significantly to your total funds under management.
The questions that are
raised must be answered.
What is needed is a tool
to answer the clients’ questions and concerns,
a tool that doesn’t require a
lot of your assistant’s time to enter and process numbers,
or preparation by
you, the overworked FA.
What is needed is a tool
that highlights the value added by the FA.
What is needed is a tool
to demonstrate your professionalism and value.
What is needed is a
portfolio analysis tool: CRM2plus.com
2017 is the year of
opportunity for the astute FA.
