RPAG | Industry Trends and Technology News

Become the Indispensable Plan Advisor in 2023

Written by RPAG | May 20, 2023 2:35:00 PM

We delve into the essential qualities and strategies that make a plan advisor truly indispensable to their clients. The session kicked off by highlighting the importance of building rapport with clients rather than simply providing reports. Advisors were encouraged to spend time getting to know their clients on a deeper level, treating every interaction as an opportunity to foster a personal connection. A powerful quote set the tone: "Treat every client with the mindset that you would have with a personal relationship or a first date – be excited to get to know all about someone and exude interest and depth and understanding – ask, ask, ask, ask questions!!!"

Presenter:
Solomon Stewart, VP, Advisory Services

The session further emphasized the significance of intentional client engagement between meetings. Advisors were provided practical advice on how to stay connected with their clients throughout the year. Dividing clients into manageable groups and scheduling regular check-ins ensures that each client receives the attention they deserve. Advisors were encouraged to reach out, show genuine interest in their clients' well-being, and share personal experiences or observations related to their clients' businesses. Keeping an eye on clients through tools like Google alerts allows advisors to stay informed about any significant developments and respond proactively.

Furthermore, the session emphasized the importance of showcasing the advisor's firm and establishing a strong client-advisor relationship. Every client interaction presents an opportunity to sell oneself and the firm, ensuring that clients are aware of the value and expertise the advisor brings to the table. Setting proper expectations and consistently exceeding them fosters trust and confidence. Timely and proactive communication, even when faced with delays, demonstrates a commitment to exceptional service.

To truly differentiate themselves, advisors were encouraged to become more than just retirement advisors – they should strive to become trusted business partners to their clients. By understanding their clients' businesses, challenges, and goals, advisors can offer valuable insights and guidance beyond retirement planning. Finally, the session highlighted the importance of treating prospects like valued clients, creating meaningful connections and nurturing relationships from the outset.

Are you looking for more insights? Download the presentation here.

________________________________________

Looking for more information?

Contact the RPAG Support Team at support@rpag.com to learn more about RPAG and get help with our platform, suite of services, next-gen technology, or anything else!

Not an RPAG Member?