As advisers, we know how important it is to stay on top of our client’s day-to-day cashflow.
Having a clear understanding of a client’s cashflow not only provides a snapshot of how they’re tracking against their financial goals right now, but also highlights their ability to take advantage of different strategies to grow their wealth into the future.
Engaging with the next generation of your current clients is a challenge faced by the whole financial advice industry.
To curb this challenge, a key part of our strategy this year has been to help our advisers widen their value proposition through estate planning.
Most successful financial advisers have an unwavering focus on building, first and foremost, a sustainable business, writes RI Advice, Southern Regional Manager, Graeme Hyland.
Practices can employ a range of initiatives and programs to build practice value. Troy Beutel says that practices can improve their EBIT and bottom-line profit overnight by working with ‘‘business-minded’’ licensees that charge fixed fees for their services.
No More Practice Education Pty Ltd
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