Financial Planning: Tailoring Your Message To Your Ideal Client
Many financial advisors discuss the basics of financial planning, which is a great starting point for those unfamiliar with the concept. However, focusing solely on high-level strategies and opportunities will only resonate with a broad audience and not specifically with your ideal client. It's essential to tailor your message to ensure it speaks directly to your target audience.
Laying the Foundation: How to Structure Your Financial Planning Process
Financial planning can vary greatly from person to person or company to company. Regardless of your approach, it’s crucial to define the primary steps and start with a high-level workflow. This is the first course of action in outlining your process. To get started, consider the following: What does your ideal process entail? What is the timing for each step? What outcome do you want to achieve? What tasks are involved in each step? Who is responsible for each task? What resources can you develop to support your process and team?