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41: How Financial Coaching Skills Enhance Communication, Connection, and Follow-Through with Saundra Davis

41: How Financial Coaching Skills Enhance Communication, Connection, and Follow-Through with Saundra Davis

FromThe Human Side of Money


41: How Financial Coaching Skills Enhance Communication, Connection, and Follow-Through with Saundra Davis

FromThe Human Side of Money

ratings:
Length:
104 minutes
Released:
Jan 5, 2022
Format:
Podcast episode

Description

Ever wondered why your clients and prospective clients have failed to take action on your advice despite the fact you've shown them exactly how to accomplish their financial goals? This episode is all about developing the skills and techniques to deliver advice that clients actually follow through on. Financial coaching "works to narrow the gap between what people know and what they do; it illuminates through thoughtful questioning what gets in the way of meeting life goals." Saundra Davis has developed a program where she teaches advisors from around the world the key skills and techniques of financial coaching to improve communication, connection, and follow-through. In this episode, we discuss: How financial coaching differs from and complements financial planning The financial coaching skills that enhance the discovery process with clients Handling the conversation with a client who isn't following through on the plan The most effective ways to identify the barriers preventing action A better way to ask questions   *For more resources discussed in this episode, check out www.wiredplanning.com/episode41. *For more resources and insights on mastering the human side of money (including our popular "Wisdom Round-Up" email), go to www.wiredplanning.com.
Released:
Jan 5, 2022
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!