Financial Advisors: Prevent Election Panic
Download Mindshift Private Podcast where we discuss nonpartisan strategies for addressing client’s election concerns
In the Podcast, we’ll share:
- How Financial advisors can play a crucial role in easing client anxiety during election seasons (without being political!)
- How pre-election check-ins can prevent panic and cut down on those time-consuming, panicked calls.
- Invaluable tips to help your clients make sound financial decisions, no matter the election outcome!
Here is what our client’s are saying!
Before Mindshift, we dabbled in charging planning fees. Some years we closed 4, and other years we closed 10. We were also leaving renewal fee income on the table.
We wanted more consistency and a proven renewal approach, without creating more work for ourselves. So after our first Mindshift program (we have renewed 2x), we closed 67 fee plans.
Since starting with Mindshift, I found these three things to be most impactful:
1. We substantially increased our renewal percentage to over 90% of our existing clients.
2. We were able to turn more of my planning clients into
investment and insurance clients, thus creating additional
revenue out of the plans.
3. I've been able to close larger clients (largest tring $100,000
annual fee!) thanks to some of the strategies and sales language
from Mindshift.
WHO IS Mindshift :
First and foremost, we are advisors like you. Ten years ago we added annual financial planning fees to our recurring revenue model and have not looked back.
We moved in this direction to regain our sanity, to bring predictability to our revenue, to stop working 24/7, and to bring clarity to unclear client expectations. And the wildest thing happened … It Worked!
Since then we have collected over $2,000,000 in planning fees and delivered nearly 500 financial plans!
Today, planning fees account for 20% of our annual revenue with product sales accounting for the remaining 80%. (We do not take an all or nothing approach!)
Best of all we gained back 50% of our time! So today, in addition to running our practice, our greatest fulfillment comes from helping other advisors duplicate and often exceed our success, hopefully saving them at least a few years of the stress, anxiety & headaches that we endured before cracking the code.
We have now made it our mission to provide Financial Advisors REAL strategies and SIMPLE hacks that work (NOT THEORIES) that are easy to implement, & will deliver you RESULTS!
To get a feel for the techniques we share with our clients, download our Private Podcast episode.