61 min listen
191: Do’s and Don'ts of Helping Your Clients Break Up with a Previous Advisor
FromThe Efficient Advisor: Tactical Business Advice for Financial Planners
191: Do’s and Don'ts of Helping Your Clients Break Up with a Previous Advisor
FromThe Efficient Advisor: Tactical Business Advice for Financial Planners
ratings:
Length:
25 minutes
Released:
May 14, 2024
Format:
Podcast episode
Description
One of the hardest roles advisors face is helping a potential client “break up” with their previous advisor. It can get awkward, dicey, and downright weird. ? But you can turn this tricky situation into a peaceful process for your clients and make a GREAT first impression if you do it well! In today’s episode, Libby shares some tips for this break up process that worked well in her advisory practice, including:Choosing your words carefully—language mattersWhat to do before you even move money—help reduce retention riskProviding them helpful language—eliminate hard feelings when they break up with their advisorAnd much more!Tune in now to learn some tricks on keeping it classy when engaging with potential clients. Your business…and clients…will thank you! ? Download the Family Tree Template HereEnroll in The Perfect RIA Masterclass HereConnect with Libby on LinkedIn Here!Get on the Systems to Scale Group Coaching Waitlist HereSuccessful businesses don’t get built alone. You need community! You need collaboration! Join us in The Efficient Advisor Community on Facebook.Check out more FREE resources and our FREE video library at http://www.theefficientadvisor.comLooking for all the resources from this episode? Check out this episode’s webpage for show notes, transcripts, downloads and more!
Released:
May 14, 2024
Format:
Podcast episode
Titles in the series (100)
002: 5 Strategies to Work Less (AKA How I got down to 25 hours a week!) by The Efficient Advisor: Tactical Business Advice for Financial Planners