One of the key components to a successful business as a Financial Advisor or IFA working in the Cardiff financial services industry is generating new business.
The most important thing to succeeding in a financial advisor role is to stand in front of people who are willing to invest money or buy protection or annuity plans. You can find the best financial advice in Cardiff online.
Image Source: Google
It doesn't matter how qualified the financial advisor is, it doesn't matter the organization they work for, if they're not in front of the right clients, they're not in business!
So what techniques can be used to generate new business. Of course, some Cardiff financial advisors or IFAs work for organizations that give them direction or referrals – great for them! But what about boys and girls who don't?
There's a phone and a directory or a knock on the door, a great old-fashioned method of generating lead names. The point of this method is that more and more consumers are bothered by privacy intrusions and unwanted calls.
Some clients are referred from existing clients – this is a great way to start a new business as friends have told them they work as a great financial advisor and it was a good idea for them to seek out that financial advisor.
There are also avenues for networking – attending BNI (Business Networking International) meetings and marketing the advice offered and the brand name he works for.