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Marketing For Financial Advisors

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In my opinion this strategy is so effective for financial advisors because it melts negatives likes these:



-- Prospects may know next to nothing about you and need to ease into a relationship.

-- They may worry about being slammed by a crushing sales pitch.

-- They may have had a bad experience with someone providing a similar service.

And the list goes on .. .

But suppose you offered something that introduces you and your services with no risk for your prospects! Simply, you showcased your personality and your expertise in one stroke while sitting comfortably at your desk.

One of our favorites is the complimentary teleseminar.

> Why Teleseminars?

We focus on teleseminars for three reasons:

1) Because they are easy to carry out,

2) Because they are super-convenient for your prospects, and

3) Because teleseminars can be free (look at www.freeconferencecall.com)

Now let's see about designing this marketing tool for maximum results for financial advisors.

> The Hanson Big 5 Tips For Getting The Most From Your Teleseminars

* Big Tip 1 - Rigorously Hold To Your Schedule

Whether it is a weekly, bi-weekly, or monthly basis -- keep it in front of you as a marketing tool you're committed to.

* Big Tip 2 - Give Your Telseminar Series A Title That Sets You Apart

The name should capture what you do. Ours, for example, could be the Stand Out From The Pack Series. A financial advisor's could be The Wealth Management Center or The Secure Retirement Hub.

* Big Tip 3 - Talk About Topics That Are Gnawing At Your Prospects

An appropriate general title for your teleseminars keeps the door wide open for a multitude of subjects. That means each week you can present a new on-topic teleseminar and, of course, open it up to questions and answers.

A question, by the way, can develop into a full-blown subject for the next teleseminar and you can invite everyone on the spot.

Also, you don't have to be the only star of the show. You can invite complementary specialists and interview them. The KEY is to provide value – to help listeners solve their toughest problems

And yes, over time, you'll have a library of topics, and you can repeat.

* Big Tip 4 - Invite The Right People – Whether Few Or Many

Your invitation list doesn't need to be long – just a handful of prospects is fine. Or even an audience of one.

Sales consultant Chris Mullins ingeniously uses teleseminars as the keystone of her sales process. She may be talking to a prospect on Wednesday. Once she learns what his or her big issue is, she can say, "I'm giving a teleseminar on that topic on Friday. Please join me." Then, that troubling issue becomes the main subject for her teleseminar that week.

You may be collecting names from your website in addition to prospects from referrals and networking activities. You can invite them all to your teleseminars, too.

Consider inviting your clients. Certain topics may be just right for your clients and serve to deepen your relationship.

As a financial advisor, you may not, though, have Chris Mullins' flexibility. Your teleseminar script may require approval by compliance, and that means you do have to plan ahead.

* Big Tip 5 - Have A Follow Up Strategy

Many financial advisors stop too soon. The teleseminar provides an opening to move your prospects along. You can send an email reminding them of the opportunity to get the transcript or to listen to the recording.

Or you can follow up with a short phone call or leave a message for them.

The good feelings from a teleseminar well done (always providing value) carry over when you contact your prospects again. In addition, providing teleseminars on a schedule always keeps you in front of your prospects. A big advantage in an overcrowded, overmarketed field!
Marketing For Financial Advisors
More and more people are now clamouring aboard the former trails emblazoned by the seasoned investors. Money advice, tips and strategies abound. Get rich. Save for your retirement. Make a million to retire on. Pay off your home in only 5 or 8 years. Financial freedom. Live your own lifestyle. Buy a boat and sail the Pacific. Fantasies come true.

We all know by now that everyone should become investors. Robert Kiyosaki, John Burley, Ric Edelman and Paul Clitheroe are household names due to the plethora of financial expertise now required to fill the magazine sections of printed and electronic media.

But where do you start and what is stopping you from taking the first step?

For the first-timers, I would say it is probably fear. Fear of the unknown. Fear of risking all your worldly goods and chattels. Fear of recurring bear markets and declining assets. Fear of trusting your own limited financial knowledge. And probably more commonly, fear of putting your money into some stranger's care. The most common question I am asked is: how do I find a good financial adviser?

How do you know if you are getting good advice from your Financial Planner? Here are a few tips:

1. A good planner will take the time to find out about YOU first. Always ensure that he or she starts with defining your risk profile, your financial and lifestyle goals and calculates an investment mix portfolio FIRST before they begin to recommend any products.

2. The right planner for you should be one YOU feel comfortable with. Shop around if necessary. Ask for referrals. Interview them - instead of the other way around.

3. Ask whether they have any affiliations with the investments they are recommending. Ask them about their fee structures. Do they receive commissions? And if so who?

4. Ask about their investment methods? Is your money readily available to you at any time (it should be) or are there any restrictions?

5. Look for someone who is a true professional. Look at their offices, their staff, the receptionist. An honest professional would never disparage others in their field.

6. Do not sign any contracts for at least 30 days. Never give them any authority over your funds. You should always be in control.

7. Do you understand what they tell you? A good planner will talk to you at your level of financial understanding - or be willing to interpret anything you don't understand without making you feel like an idiot.

All of this should be done BEFORE you start investing. Never be afraid to walk away from someone who you don't trust. Also, you should keep abreast of financial matters as much as you can.

Personal investor magazines are good, practical magazines that are easy to understand and keep the reader well-informed. If, on the other hand, you have large amounts to invest, you can try a stock-broking firm. Choose a well-established, reputable firm in your capital city and speak to them, using the same rules as described above.
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About Author
Both Shirley Hanson & Ann Marosy are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Shirley Hanson has sinced written about articles on various topics from Marketing Tool, Marketing. . Shirley Hanson's top article generates over 1900 views. to your Favourites.

Ann Marosy has sinced written about articles on various topics from Personal Finance, Medicine and Personal Finance. Ann Marosy is an accountant, consultant, and former university lecturer. She was formally a Financial Controller of a Fortune 500 Company, and Finalist of SA Executive Woman of the Year. Ann is the author of 'The Money Program' book series, which includes. Ann Marosy's top article generates over 5400 views. to your Favourites.
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