There is plenty of competition in the retirement industry, so it is imperative that independent financial advisors and benefits brokers find ways to set themselves apart in their branding and marketing plans.
Financial advisors who break away from large wire houses and seek independence are taking a big leap of faith that everything will turn out right. They are believing their clients will follow them and that they will be able to work with only high net worth individuals and their business will make them a lot of money.
According to Tiburon Strategic Advisors, there are over 300,000 financial advisors in the U.S. The Labor Department projects that number to grow by more than 30% through 20181. How will you stand out from the crowd? A strong personal brand is necessary to distinguish you and your practice. RidgeWorth Investments’ PHD Personal Branding Process, developed in conjunction with Insight Development Group, can help.
1U.S. News, “Best Careers 2011: Financial Adviser,” December 2010.
Over half of survey respondents who don't buy life insurance say they are healthy and don't think they need it.
Senate leaders released a slightly revised version of their health care bill Monday as Mitch McConnell tries to win over enough holdouts to pass the measure, with at least six Republicans signaling opposition.