By Angie Herbers
Source: AdvisorOne
In my work, the biggest mistake that I see owner/advisors make isn’t really a mistake at all: It’s a mentality that I call the “Now!” syndrome. It’s an approach to problem solving that ignores things until they come to a head, but then must respond by doing something about them “now.” The problem, of course, is that when people wait to address problems, they often do get worse.
Related posts:
- Which Three Of DOL’s New 401(k) Rules Represent The Biggest Land Mines For Financial Advisors And Plan Sponsors By Lisa Shidler Source: RIABiz Advisors are wrestling with the new Department of Labor fee disclosure rules, which are loaded with dicey issues surrounding indirect compensation, whether to estimate fees and how to handle asset allocation models in 401(k) plans. Since the final rules on 401(k) fee disclosure were...
- The Practice Management Trinity By Matt Oechsli Source: Registered Rep Instead of getting caught up in “policy-procedure overload,” Matt Oechsli suggests advisors focus on what they can control. “Our practice management mantra revolves around effectiveness and efficiency,” he writes in this column. He outlines a practice management “Trinity” that can help advisors master the basics...
- Practice Management – Don’t Let Time Pass You By A well-executed Communication Plan assures regular and meaningful contact with your clients. You can use those contacts to keep clients abreast of tax, regulatory, and market trends that affect their wealth management plans. Those contacts also allow you to gain insights into your clients’ current situations, futures, feelings, and family...
- What is Professional Practice Management? Earning more money than you’ve ever earned before is one of the primary goals and motivations behind the concept of Professional Practice Management. However, it is more than just making it to the next level of production; it’s building a financial services practice that maximizes your personal vision of success....
- The Ten Commandments of Professional Practice Management The Ten Commandments of Professional Practice Management Pledge to be a master at Professional Practice Management. Dedicate your skills and resources to achieve your goals and the vision of success for your practice. Be totally committed to providing a world class experience for all prospects and existing clients. Take...
About Curator