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Grant Hicks, CIM 

It’s Friday afternoon in November around 4 PM. I am following up with a financial advisor I coach about feedback on another terrific webinar he did today for clients and prospects. Attendance was great, the content was great and usually, I have something of value to add, but not today. Today was about acknowledging the actions he has taken. The response I got back shocked me.
 
Advisors getting glowing testimonials 

The financial advisor sent his most recent testimonial from one of the clients who joined his weekly webinar. Yes, you heard me correctly a weekly webinar for his clients! The testimonial from a client singing his praise, but promoting their advisor to colleagues bragging about their advisor, and asking them if their advisor is doing a weekly webinar. The email said, ”Who else does that?” The colleagues responded by saying they have only gotten emails from their financial advisor usually, but this email said, that the client “ wasn’t even graced by an email”. Imagine how your clients feel if you have not spoken to them by now. Even worse their statement comes out this week and you have not even called them. Say goodbye to your advisor. 

What are you delivering of value? 

It got me thinking of what other advisors are doing. Sure you are sending out emails to clients, you may also be doing calls, but are you doing webinars to clients and prospects? As my favorite formula, one race car Lewis Hamilton said:” I don’t aspire to be like other drivers, I aspire to be unique in my own way”. Are you doing the same as every other advisor out there, or are you being unique in your own way? 

Stop sharing content and  start demonstrating value
 
We all can share content on social media, that’s easy. But showing your true value, putting yourself out there and doing webinars for clients and prospects creates tremendous activity, confidence, and initiative. I am encouraging you as a financial professional to be unique, be creative and consider webinars and other ideas to show your value. Tell clients and prospects about your go-forward plans for the next 12 months (that I help advisors build and communicate) Consider one webinar to get started, that may bridge into a monthly webinar and who knows, possibly a weekly one as well. 

Cool ideas
 
Here are some other unique ideas. Do a webinar for your clients, and hire a comedian to entertain people and have some fun. Have lunch with a client and spend time with your best clients on non-investment conversations. This builds trust and loyalty. Send cool ideas to clients and prospects through delivery such as ebooks. One financial advisor sent an Amazon package to a prospect with a video camera, microphone, and headset, to get them online for a video call. Guess who has a new client now. Be creative in the current environment and try something out of the box. 
 
Making content work
 
Sharing content is fine, but do you have calls to action in your content? At the bottom of your content, do you have 1-3 calls to action, such as an ebook, an appointment, join my webinar or share this article? Do you ask people to share or forward your content to family and friends? Does it have a link to an online calendar link to get appointments? Here is mine if you want to chat https://my.timetrade.com/book/JMTNJ 

Is there an offer to join a webinar, or better yet, join my upcoming webinar with one of my Centers of Influence  https://us02web.zoom.us/webinar/register/7516979512008/WN_Es37ICeYRWKgG7hNSp8fZQ
 
Please feel free to forward this email to other financial professionals
 
“We encourage all recipients of this newsletter to share with colleagues. We have also committed to providing extended consultations to any financial advisors who want to grow their business during this challenging time. This, of course, would be 100% complementary, as we strongly believe all financial advisors should have access to high-level practice management during these difficult and stressful times, even if they have a practice management coach, I think a 20 -30-minute conversation would be valuable, so they can go back to their current coach, manager or mentor and have a deeper, more meaningful conversation, would you not agree?

How about your goals for your practice in 2023? Our Practice management resources   

Comprehensive Practice Management checklist

https://practicemanagement.getresponsepages.com/

Fee Audit checklist

https://feeaudit.getresponsepages.com/

88 Marketing strategies checklist

https://famarketingplan.getresponsepages.com/

Technology checklist including working remotely

https://technologychecklist.getresponsepages.com/

Listen to Grant speak at MDRT

https://soundcloud.com/mdrtpresents/future-ready-practice-management-strategies 

Discover:

• Key processes to finding and acquiring more ideal clients for financial advisors.
• How to enhance your offers and your value promise.
• Blog on the best practice management strategies to help you manage and build your financial advisor practice and team

We are here to serve your practice, let’s talk

Contact us to help get clarity around your goals on paper, and have the goals conversation by contacting Grant at grant@ghicks.com or click on the link to set up a no-obligation 20-minute discussion https://my.timetrade.com/book/JMTNJ regardless if we work together, let’s have a chat and listen to your biggest practice management concerns to help you get clarity around your future business.



Grant Hicks, CIM, is President of Advisor Practice Management and co-author of “Guerrilla Marketing For Financial Advisors” 1st and 2nd edition. www.advisorpracticemanagement.com for speaking, workshops, or coaching, contact Grant at grant@ghicks.com  Grants combined financial advisor clients manage over 5 billion AUM, and earn over $50 million dollars combined!