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70: Developing The Essential Communication Skills Every Advisor Needs with Dr. Jim Grubman

70: Developing The Essential Communication Skills Every Advisor Needs with Dr. Jim Grubman

FromThe Human Side of Money


70: Developing The Essential Communication Skills Every Advisor Needs with Dr. Jim Grubman

FromThe Human Side of Money

ratings:
Length:
81 minutes
Released:
Jan 18, 2023
Format:
Podcast episode

Description

In healthcare, client outcomes and client satisfaction are directly correlated to the doctor's "bedside manner." The same holds true for client outcomes and satisfaction in financial planning and advice. In fact, research has shown that the #1 thing prospects look for in an advisor is "Interpersonal Skills." And other research has confirmed that high levels of trust lead to: More satisfied clients More referrals More assets But how do you create trust and improve your interpersonal skills? Fortunately, Dr. Jim Grubman built programs for advisors on how to hone and develop essential communication skills. In this episode, we discuss: Why courage is a conversational superpower The two essential communication skills every advisor needs The biggest communication mistake almost every advisor makes The different "levels" of conversation Detecting the "signals" clients send when they want to go deeper   The featured partner for this episode is Knudge, an automated system to help clients actually follow through on their tasks and reach their financial goals. *For more resources discussed in this episode, check out www.wiredplanning.com/episode70. *For more resources and insights on mastering the human side of advice, go to www.wiredplanning.com. *Follow Brendan for insights on mastering the human side of advice: Twitter LinkedIn
Released:
Jan 18, 2023
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!