Estate planning is implemented through trust, and each type comes with its benefits. If your client is looking to set up one for themselves, then the best question is what purpose they are trying to solve with it. But that’s just the question to get the conversation started. Being a
This type of insurance covers low probability and high-cost medical events to protect their future from financial decline.
Even today, a lot of financial advisors are not very adept at hosting webinars. For the most part, the industry has relied on traditional marketing practices to gain new prospects. Digital marketing featured very little in their strategy, even as a supplementary plan. The blogs highlight the need for the
In the post-covid world, working from home is a reality for all professionals, and insurance is no different. However, considering how interactive and persuasive insurance agents have to be to make sales, working from home may feel challenging. Nevertheless, one must adopt new techniques to prosper in the digital age.
Are you looking to generate more leads as a financial advisor? If you are, then you have come to the right place. The financial advisory business is on its way to a boom, with around 10,000 baby boomers looking to retire daily for the next 15 years. So, whether you
Most families face the problem of successful succession planning for family businesses when they finally come at crossroads with the future. Family-run businesses are built with a lot of time and energy, which means that entrepreneurs are likely to want to preserve it for their next generation. However, according to
Imagine this: After you have completed a productive meeting with your HNW clients, s/he hands you over their investment portfolio to get a quick analysis of what you think. This is crucial because your research will play a big part in convincing them to hire you as their new financial
Family offices are currently driving a substantial portion of economic growth in the Middle East. These specialist teams manage the wealthiest families globally and have made their mark over the last 20 years. However, unlike blue-chip investment firms, family offices in the Middle East stay away from media attention. This
When it comes to selling insurance, high-net-worth clients are considered the Holy Grail by financial advisors. While this lucrative market largely remains unknown to most, it is what can make the difference in a financial advisor’s annual income and overall lifestyle. To facilitate this growth, we will look at what
It is pretty standard for financial advisors to be stopped while closing insurance sales in the name of product comparison. Clients often say that they will get back to you or that they think there might be a better price somewhere else. Sometimes, your HNI clients may also compare insurance