Every week, we bring you a curated list of must-read articles geared towards helping you grow your investment advisory practice. Industry veteran Kristan Wojnar uses her vast experience to handpick these articles after conducting thorough research. If you are looking for the right guidance to grow your practice, follow our Practice Management Channel.
The latest and greatest practice management ideas for this week are demonstrating value to justify your fees, getting local media interviews and outlining your yearly goals and objectives.
First up this week is a blog about clearly showing your value to justify your advisory fees with clients. Next up is a great piece about gaining local media attention for your practice. Our final topic this week highlights the importance of outlining your annual operating plan and mapping your business objectives.
Justifying fees seems to always be a necessary evil. However, if you are clearly demonstrating your value, your clients shouldn’t question your fees. Read this piece for ways to always accentuate your value.
Looking for local media attention? Reporters are always looking for local stories and ways to localize national and world news. Check this piece out for 4 strategies to increase your chances to land a local interview.
Do you have an annual operating plan for your business? Many advisors overlook creating an annual plan to map out their goals and objectives. As we approach mid-year, this piece provides the key items your operating plan should include, as well as suggestions to get started if you don’t have one in place.
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