Eric J. Negron, CEPA® ♟️

📣 #FinancialAdvisors: This data proves how much clients value your advice and planning. I have preached for years through our training and coaching sessions that giving it away for free undermines your value. The data from Michael Kitces shows that "advisors who bundle their planning fees into their AUM fees have lower AUM fees than those who charge for both." We'd like to give you the strategy and process, right down to how to do this, so you can achieve the growth you want with truly aligned client relationships. #Legacysaid #Growth #Advicefromproduct

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Are you evaluating the right factors when selecting a #DAF provider? Flexibility is critical to supporting your clients’ unique #philanthropic goals. With a DAF at RCF, advisors can offer clients a giving solution with more customizable options for contributions, investments, and grantmaking. Learn more: https://lnkd.in/gb2iRcQj #DAFs #Philanthropy #WealthManagement #FinancialAdvisors

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How do financial advisors charge you? 🌳 Fee-Only Financial Advisors Paid through a percentage of invested assets, a flat annual fee, or hourly rate. 🌳 Commission-Based Financial Advisors Offer "free" services but earn commissions from products sold, like investments and insurance.
 🌳 Registered Investment Advisors Finance is not a one-size-fits-all, that’s why regardless of how much you make, we’ll match you with the right advisor at Habits.

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Unlock Optimized Financial Plans with CMPAS: Planning Each client receives a tailored investment strategy for each of their specific life goals at the household and account level. Adjust the probability of success for Needs, Wants, and Dreams to provide added protection for your client's most important goals. Continue using your existing portfolio strategies to create unique financial plans through mass customization technology. CMPAS assembles your models like building blocks which can be scaled even scores the largest advisory practices. Want to learn more? Visit https://buff.ly/3JPJ8bx Book a demo of CMPAS by emailing [email protected] #PortfolioManagement #Investing #Fintech #Entrepreneur #Wealth

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Most advisors generate new business from existing client referrals. There are a million books, how-to's, courses, workshops, and consultants with 5-figure speaking rates that cover the bases there. But ultimately, the equation is simple: • You serve your clients with expertise and fiduciary focus. • You communicate your value proposition and what sets you apart from the firm down the street. • You make sure your clients know what type of people you work with and the common scenarios where you can help. • You add context and collaboration by educating around financial challenges and proactively communicating. • Finally, and most importantly, you ask for the referral. #RIAMarketing #FinancialAdvisorMarketing

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Advisors, how are you handling prospects who may have cold feet about long-term investing? Are you writing them off? → Yes, they may not be an ideal client. But, if you're ready to put your "teacher" hat on, here's a simple example you can use to help them understand the reality of eroding purchasing power. ⬇⬇⬇ "Yes, that $[insert amount] will still be the $[insert amount] in your bank account 10 years from now. But, your ability to spend that $[insert amount] will be completely different, thanks to inflation." Start there and expand on this point. Does this resonate with you? Then tune in to Ep. 5 of the Total Relationship podcast! Join Tyson Ray, CFP®, CExP®, CIMA® and Kimberly Cochenour as they talk about the importance of helping clients understand the truth behind financial figures and their purchasing power down the line. They explore how advisors, like you, can help clients make the most of their assets by initiating tough conversations like this one with confidence. Save or stream Ep. 5 at the link in the comments 🔗⬇ --- P.S. We're on a mission to help financial advisors create more meaningful relationships and show what’s possible (and better!) for their clients and themselves. 🔔 Follow for more: The Total Relationship 🎧 Tune in on Spotify: The Total Relationship 📖 Get The Total Relationship e-book on Amazon 🔗 Visit totalrelationship[dot]com #totalrelationship  #financialplanning  #finance  #financialservices  #practicemanagement

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One of the biggest temptations for a financial professional meeting with clients is to try to sound smart. Unfortunately, this is one of the biggest turn-offs for clients. If you use industry jargon or give overly detailed answers to their simple questions, you will not impress them. They may even think you’re trying to overcompensate for a lack of confidence. The financial professional, who blogs anonymously as the Frugal Banker, has 3 strategies to help you stop trying to sound smart: 1. Answer all questions from your clients as clearly and simply as possible. Don’t use flowery language or $3 words. 2. Stop talking so much. Ask more questions to get your clients and prospects talking about what is important to them. 3. Take time to prepare for your meeting. Anticipate how familiar a client or prospect might be with financial planning, investments, etc. “Your clients and prospects need an advisor who has more questions than answers,” he writes, “and provides advice in a clear and easy-to-understand manner.” Read the article here: https://bddy.me/4f8qvyd Contact us to learn about how we can help you effectively engage with your clients: https://bddy.me/4cRYSHQ #financialadvisors #retirementplanning #planprospecting

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Advisors, not all revenue is good revenue! One hallmark of a mature practice is the ability to say “no.” Knowing your niche is crucial – it lets you develop deep expertise and understanding in a specific segment. Focusing on your niche means recognizing who fits and who doesn’t. You’ve likely seen the downsides of working with mismatched clients. By zeroing in on your target audience, you can address their unique needs and challenges, offering more tailored and effective services. Plus, a well-defined niche sets you apart from competitors and draws clients seeking your specific expertise. Ultimately, knowing your niche means delivering more personalized and valuable services, helping your clients reach their financial goals #wealthmanagement #financialadvisor #financialadvisors

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Drive Business Growth with Collaborative Tools for Advisors, Paraplanners, and Support Staff. Collaboration shouldn’t be complicated. FinancialRuler supports seamless team collaboration, making it easy for financial advisors, paraplanners, and personal assistants to stay informed and engaged. Let’s make teamwork your competitive advantage. FinancialRuler’s advanced CRM is designed with financial advisors in mind, offering intuitive tools that bring teamwork into the heart of the process. With seamless team communication, streamlined task management, and real-time updates, FinancialRuler keeps everyone from advisors to paraplanners and personal assistants informed and aligned on client goals. By facilitating effective sharing of insights on a Kanban board, setting clear responsibilities, and managing timelines, FinancialRuler empowers your team to work together efficiently. With FinancialRuler, make teamwork your advantage and drive success for your clients and practice. When advisors, paraplanners, and personal assistants work in sync, clients benefit from a cohesive, high-quality service experience. #Teamwork #FinancialAdvisors #FinancialRuler #CollaborationMadeEasy https://lnkd.in/gzq4XR35

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Included in this #financialplanning toolkit are resources that will help you to optimize your process, effectively gather client information, and articulate the value of financial planning to your clients. In this toolkit you’ll get: 💪 Financial Planning Questionnaires ✅ Financial Plan Creation Checklist 📈 Sample Reports 💰 The Value of Planning One-Pager 🤝 Completed Financial Plan Review Checklist https://buff.ly/3I9I5CG #financialplanning #planningprocess #SnapProjections

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As an advisor, you understand the unfortunate reality facing a majority of business owners - they never realize their full ROI. In your role, you seek to ensure your clients are the outlier in those statistics. But what if driving your clients success was easier and more efficient? Enter the Value Opportunity Profile (VOP). The VOP will allow you to streamline what you already know so you can start making a difference faster. Learn more about the software and it's true impact here - https://hubs.ly/Q02zkLxt0 #ValueGrowth #ValueAcceleration #BusinessValue #ValueDrivers

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Discover the power of scalability! Clients often see its benefits down the line but struggle with the transition. Let me guide you through overcoming roadblocks and embracing scalability.

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It’s Tax Day! While your clients may have already filed, the importance of year-round tax planning cannot be overstated. Share CFP Board Ambassador #LetsMakeAPlan resources, offering insights and strategies to optimize savings and help your clients achieve their financial goals: https://lnkd.in/esJfFUbX #TaxDay #FinacialPlanning

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Most advisors face this dilemma at some point: do you focus on growing your business or deepening relationships with the clients you already have? It feels like a choice, right? Growth or loyalty. 🤔 But here’s the twist: you don’t actually have to choose. That’s the beauty of a client service model—it’s a framework designed to give you both. Imagine a system that lets you focus on your top clients, build lasting loyalty, and create a referral engine without sacrificing growth. It’s not magic. But it is powerful. And the advisors who understand this? They’re the ones building practices that thrive.🌱 Curious to see how it’s done? Dive in here 👉 https://lnkd.in/gSPsVtrC

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