As they prepare for retirement, senior advisors can help young planners become competent and confident financial advisors.
Unaddressed problems can lead to group dysfunction, but having a difficult conversation can nip the problem in the bud and keep the office a productive workplace.
Teams need strong leaders to succeed. Are you one?
Are you trying to achieve something, or just trying not to fail?
Make an impact in the workplace without the CEO title.
Getting clients together as a family unit not only helps build wealth, but also cohesiveness.
An ethical will can ensure the positive impact of your client's life on future generations.
With four different generations in the workplace, communication is an essential skill for working with high-net-worth families.
"He Who Fails to Plan, Plans to Fail"-Proverb.
There is no way to deny it: a successful practice transition starts and ends with YOU.
How many times have you acknowledged that you "should" create a succession plan-but ultimately convinced yourself that you have plenty of time to complete it? Or have you generated a business continuity plan that focuses primarily only on the legal and monetary issues of your practice and ignores the human aspect of this transaction? NOT taking action in these crucial areas may result in you unwittingly sabotaging your business, your clients and your family's future.
If you are ready to face your "transition terrors" and accept responsibility for ensuring a Successful Succession outcome- this hour will be time well spent. By attending this workshop with behavioral psychologist and coach Denise Federer, PhD., you will be able to:
. Adopt the A, B, C's of a successful transition: A cknowledge Your Pivotal Role/Responsibility in the Succession Process; B e Willing to Embrace Change; and C ommit to a Plan to Safeguard Your Clients, Business and Family. . Consider the "Transition Terrors" you might be experiencing, your potential Succession Sabotaging Behaviors and strategies to overcome them. . Identify, assess and retain key successor candidates. . Recognize the four fundamental human capital elements that are essential for ensuring a sustainable practice and a successful transition of your business. . Learn the specific steps necessary for creating a Succession Plan that will result in a smooth transition of your practice and ensure the future well-being of your clients, employees and family.
The ultimate test of leadership is the way you handle employees' reactions to innovation.
When relatives are your supervisors and employees a special set of problems arise.
Advisors need to redefine their role when it comes to wealthy families and their heirs.
The more indispensable you are to the business, the less valuable it will be when you leave.
Understanding conversation styles by gender is critical to your success.
Turbulent times demand tough action.
To help your clients achieve their goals, learn what's important to them by developing a strong bond.
Female advisors are much more likely than male advisors to report that theyre less comfortable advising the opposite sex; those most successful at it report that they employ subtle differences in strategy when advising men, women and couples. This session will offer a new mindset when it comes to navigating the complex dynamics of advising men and couples.
Two scenarios plus a multi-step plan that enhances your ability to succeed in the competitive financial world.