COVID-19 will have a long-term impact on the wealth management industry, requiring changes by financial advisors and insurance agents, and with the firms that help them (BD's, agencies, investment managers, platforms, fintech, etc.). Making the right changes will enable advisors, agents, and firms working with them to both survive and thrive during AND after COVID-19.
COVID-19 Bear Market Advisor Changes, Challenges, and Opportunities:
+ Clients better understand value of advisors
+ Increased prospect interest in hiring advisors
+ Clients & prospects needing life & career coaching
+ Advisors need to stay on top of client "panic flareups"
+ Advisor "perspective & calm" challenges
+ "Stress-test-based" BD & vendor reevaluations
+ "Stress-test-based" client & staff reevaluations
+ COVID-19-based Recency Bias will benefit advisors
+ Clients & advisors wanting better life balance
+ "Stress-test-based" retirement reevaluation
If you're a financial advisor or insurance agent, or help them, then we should have free, no-obligation talk. Experience has shown that the very least that will come out of this initial talk are a few actionable ideas to help you and your advisory or other business to both survive and thrive during and after the COVID-19 Pandemic. Please email me to schedule this talk: email@example.com
Available For: Authoring, Consulting, Influencing, Speaking
Travels From: New York CIty, NY
Speaking Topics: Happy financial advisors and happy clients. Advisor best practices.