There’s no point in spending your time tweeting and building your online presence unless you make it useful to your practice.
When prospective clients find you online, create a defined process that helps them get to know, like and trust you, says Stephanie Sammons, founder of Wired Advisor, a digital marketing firm for advisors.
Prospective clients are doing their homework online more than ever, Sammons says; most need to have seen or engaged with you seven to 10 times online before they’ll take the next step. “It's important to have a process in place that enables you to be consistently visible and valuable with your target markets, in order to build familiarity and trust,” she says.
To move that process along, offer compelling offers -- a complimentary guide, for instance, or an email coaching course, webinar, or consultation. It’s all about drawing prospective clients in.
Your strategy should help you attract and nurture digital online leads to your business, Sammons says: “Understand that social media marketing is about building influence with your target markets and ‘pulling’ them in.”
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Despite common assumptions, child-free clients have plenty of planning complexity. Advisors shared their approach to planning for this demographic, from encouraging "no-kid dividends" to building care teams early.
October 2 -
A proposal is meant to ensure advisors can trade client assets on a discretionary basis without triggering onerous custody requirements, while also giving them a self-custody option for crypto.
October 2 -
Thirty-seven percent of those making more than $500,000 live paycheck to paycheck, Goldman Sachs found, making this a problem for more than just lower-income workers.
October 2 -
The second-largest asset custodian tilts its policies toward larger firms as commission-free trading continues to eat into its business safeguarding client assets.
October 1 -
Advisory practice sellers frequently wish they had taken more time for important strategic tasks before the deal, David Grau of Succession Resource Group says. He provided a list explaining why the timeline will take longer than many sellers may think.
October 1 -
Discussions about what David Solomon's longtime heir apparent might do as CEO surfaced following news reports that Waldron could take over as soon as next year.
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