The carpenter’s roof leaks, the shoe salesman’s children run barefoot, the preacher’s kids are hellions and the financial adviser/ agent is broke, in debt and doesn’t take their own medicine. Indeed, most advisors don’t have a budget, a debt reduction plan and an overall plan that include saving strategies for an emergency account, a down … [Read More...]
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The sales environment among financial professionals is extremely competitive. Often the market adjusts compensation models to reflect what consumers are willing to pay for advice. One of the results, the only result worth caring about, is pricing fee income and product commissions. But can your practice survive on your present margins? … [Read More...]