Think about how much you appreciate a handwritten thank-you note. Now turn that courtesy into a regular business practice.
It’s important to show appreciation for the relationships that are crucial to your personal or business success, says Chris Kirby, senior business consultant, Securities America.
Automate your thank-you process: Have your staff prepare two complete handwritten notes each week, Kirby says, and use them to thank someone who is valuable to your practice. “When you put your thank-you system on autopilot, you’ll be amazed at how much the ‘thank yous’ come back to you and your team.”
And the notes do more than charm your clients. “Not only will clients appreciate the gesture; it will build your confidence that you are developing stronger relationships,” Kirby says.
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Brokerages are too dependent on the billions they make every year from clients' uninvested cash, industry analysts say. LPL is responding with a long-term review of its pricing.
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Two presentations at The American College of Financial Services' CAAFP discussed how successful careers in the industry require both technical and emotional skills.
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One advisor calls the expected transfer a mirage; others say it may simply unfold more slowly and require more intentional planning.
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RIA owners may feel a "moral dilemma" when considering selling their firms to private equity-backed acquirers. But that didn't prevent PE involvement from reaching a record high in M&A deals in the second quarter.
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Trust protectors can help protect against irresponsible trustees and other dicey situations that could put grantors' wishes at risk, estate lawyers say.
August 3 -
In a webinar last week, Humanity Labs CEO Andrei Pop discussed "the transformative power" he said Mariner's new AI workforce will bring to the firm.
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