You learn something new every day. A while back, my financial advisor’s assistant called regarding prep work for our annual portfolio review. As the call was wrapping up, I asked if she needed credit card balances. She explained this was a portfolio review, but we could also schedule a wealth report for another day. Who knew?
What’s a wealth report? It’s lots of things. It’s a net-worth statement. It’s a profit-and-loss and balance sheet. There’s retirement analysis built in. Here’s the most important part: It’s a report, presented at a meeting, that should get your client feeling really good and in the mood to take action.
See the slideshow for the opportunities a wealth report presents.
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