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13: Dan Allison | The Psychology of Referrals

13: Dan Allison | The Psychology of Referrals

FromThe Human Side of Money


13: Dan Allison | The Psychology of Referrals

FromThe Human Side of Money

ratings:
Length:
102 minutes
Released:
Jan 5, 2021
Format:
Podcast episode

Description

You've heard countless trainings and presentations on the power of referrals and how to get them. In this episode, we're approaching referrals in a new way: through the lens of psychology. Imagine being able to get inside the minds of your clients to better understand what they think about referrals, how they feel about referring, how they would prefer you to bring it up with them, and maybe most importantly, what they identify as the most common barriers to referring more often. That's exactly what Dan Allison did. Relying on his background in clinical and behavioral psychology, Dan interviewed thousands of clients, asking them those exact questions to help better understand the psychology of getting more referrals. We discuss: How to bring up the referral conversation in a comfortable way based on what the clients wants The big mistake most advisors make (but don't realize it) when asking for referrals The one question that every firm should ask to instantly boost their referability How to ensure you get referrals when someone passively hands out your information What 60% of clients say when asked the reason why they don't refer and what they say when asked why they do refer   For more information and resources discussed in this episode, visit: www.wiredplanning.com/episode13 To join a community of like-minded advisors and planners around the world looking for top-notch insights and information on how to leverage behavior, psychology, communication, and emotion to master the human side of money, visit Wired Planning. Follow Brendan: Twitter LinkedIn
Released:
Jan 5, 2021
Format:
Podcast episode

Titles in the series (100)

The Human Side of Money delivers actionable ideas and strategies to equip financial advisors with the skill set they need to master the human side of money. Whether you've been providing financial advice for 40 days or 40 years, it's evident that technology is shifting your value away from simply picking investments and providing financial plans. The future of advice will hinge on your ability to guide clients through the process, unearth their values and emotions around money, and ultimately, change their behavior for the better. Join your host, Brendan Frazier, as he interviews fellow financial advisors, industry consultants, and experts in the fields of behavioral finance, psychology and communication as they share everything you need to know to master the human side of money!