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Financial Planning > Behavioral Finance

For financial advisors, good prospects are hard to find

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The situation is a familiar one to anybody getting started as a financial advisor: how to build a network of clients when your own network is small, your friends are just as impoverished as you, and you don’t have the professional credibility yet to bring in people based on your reputation? For many veteran financial advisors, these early days still bring back sharp memories of extreme trial when most rookies wash out. But those who make it develop the survival skills they will need to flourish throughout their career. Read on to learn of some strategies and practices that have worked, and might make for good advice to the youngblood you are currently mentoring or want to recruit.