Tell your team Great businesses know that an engaged team is a key part of achieving their goals, and the best way to create a truly engaged team is to communicate relentlessly with them about what’s important. Almost every firm I know could be a little better at this type of communication. At FP Advance we recommend a quarterly State of the Nation update, held with everyone in your organisation. Typically that will be a meeting of a couple of hours covering a range of areas. Here’s … [Read more...] about A Happy Team Knows the Score
A little Summer reading Summer is here at last, and it’s time for you to learn what business is all about, so you’ll spend more time enjoying the sunshine and less time trying to figure things out. Here are some of the must-read business articles that inspired us this June, and were shared on FP Advance’s social media. Grab a cool drink, find a shady corner and get reading. Learn how to come back from failure with these 11 TEDx talks Aaron Orendorff Here's a veritable library … [Read more...] about How to Make Connections If You’re Allergic to Networking and 4 more must-reads for your business
The keys to the kingdom Retaining clients is one of the keys to success in running a Financial Planning business. And the key to retaining clients is to retain key employees. So keeping a happy productive team together, and growing it over time is a major issue for Financial Planning firms. A survey by LinkedIn highlighted the top reasons why people left their old jobs. The top three were: 1) Lack of opportunity. 2) Dissatisfaction with the senior leadership of the firm. 3) … [Read more...] about How to Stop Worrying About Losing Your Top Talent
Share the good news The work that you do makes a difference to people. You know that. And the clients you make a difference for know it too. Do you ever communicate that to your team? I don’t mean accidentally or by osmosis. I mean deliberately and proactively. Typically, advisers do some amazing work and no one else is in the room to see it first hand. That’s a real shame, because seeing and understanding what great Financial Planners do for their clients is an important part of your … [Read more...] about Do Your Team Know How Much Good They Do?
The future is now The future for advisers has never been brighter, although this may not be true for everyone if they’re not ready to step into that future. New technology sees us on the brink of some of the biggest changes in the nature of work across all careers and professions. Ours is no different. With investment advice continuing to be de-mystified and commoditised, the only real future for advisers is one focused on planning and coaching their clients; we need to become masters of … [Read more...] about Are You Missing One of the 3 Essential Business Skills?