How can you reach and retain clients – especially during periods of volatility - if you’re busy monitoring, trading and rebalancing their investments? Delegate much of the day-to-day work to model portfolio managers and free up more time for maintaining and growing your existing relationships.
PERIODS OF VOLATILITY CREATE OPPORTUNITIES FOR FINANCIAL PROFESSIONALS TO DEEPEN CLIENT RELATIONSHIPS
Financial professionals have contacted clients more frequently during COVID-19 1
Financial professionals expanded conversations beyond investing during the pandemic 1
Financial professionals want to increase focus on holistic planning 2
Want to retain more clients? Offer more models.
Nearly 3 in 5 investors are “extremely likely” to switch to a financial professional who uses models 3
1Impact Communications, November 2020.
2Broadridge Financial Solutions, The Future of Advice, 2020.
3WisdomTree, March 2020.
4Cerulli Associates, U.S. Asset Allocation Model Portfolios 2020.
5AssetMark, 2019 Impact of Outsourcing Study.