Over the next 3 decades, Three factors are set to define our lives, according to Jamie Dimon, CEO of JPMorgan Chase. Post-Covid economic recovery, high inflation, and Russia's invasion of Ukraine with the following humanitarian crisis.
The vast majority of our clients, when they start working with us, are not marketing pros. They are great at their day jobs, financial advising, but there is something lacking when it comes to communicating just how great they are, to prospects.
Understanding how inflation affects clients' financial goals is perhaps the most crucial conversation you can have with them. It will help you better understand how to help them. create a cash management plan, as well as consider assets that can help them hedge inflation risk.
One of the most sought after financial services clients seek out from advisors is retirement planning. This service is popular among both older and younger consumers, according to a survey by the Granum Center for Financial Security.