Whitepaper: Time matters
How outsourcing can give you more time to focus on clients
For growing financial advisors, effectively managing time can be both the biggest success factor and the biggest challenge. How do you scale your practice with limited time available to devote to serving clients and prospecting new ones?
On average, advisors spend 22% of their time on administrative tasks1
61% of advisors say outsourcing allowed them more time to focus on clients2
53% of advisors say outsourcing led to a growth in AUM2
With 2/3 of Millennial and Gen Z investors believing that working with a financial advisor will help them achieve financial success3, advisors must look now options that will help them delegate non-client facing activities so they can give this new client-base the attention they desire.
The right partner can help you:
establish a repeatable and scalable discovery process
clearly articulate your wealth management process
help your clients understand risk and stay committed to their long-term strategies
1 Cerulli: Non-Ideal Clients Undermine Productivity, National Association of Plan Advisors, March 18, 2022.
2 Survey of Independent RIAs – January 2021: Outsourcing Investment Management, WealthManagement.com and Vestmark, January 2021.
3 Young Clients A Priority For Growing Firms, Financial Advisor, January 24, 2023.