It has become popular in recent years for well-established advisors to create “advisory boards” to provide advice and support for the ongoing improvement of an advisor’s business. Composed of great clients and important referral advocates, these boards can be tremendously helpful, as they allow an advisor to tap into the expertise and experiences of successful people to stimulate creativity. Even more important, such boards are a great way to get clients and advocates even more engaged in supporting the business. If you are considering developing an advisory board, here are some points to consider.

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