Financial Advisors: How to set boundaries with clients and friends when they become ‘freebie-seekers’
Establishing where free ends and fee begins can be challenging but learning the art of declining gracefully is essential to focusing on what’s important in your practice.
As long as you’re in the financial arena, you’re going to be asked to work for free. Financial professionals endure a specific set of boundary-crossing issues. Timothy Yee, a corporate/non-profit retirement planner from Green Retirement Plans Inc., says this about the people I call “freebie seekers”: “It is amusing to be asked if they can buy a no-sales- charge/ultra-low-expense fund through me and not pay me for my time. I can’t imagine the same person going to a doctor and asking to fix a broken leg for free. Why has financial planning allowed itself to be turned into a commodity?”
Read the entire article, leave a comment, and take action to plug up areas where you maybe leaking profits at http://www.riabiz.com/a/15222007/how-to-set-boundaries-clients-and-friends-when-they-become-freebie-seekers
About The Author
An irrepressible entrepreneur, Maria Marsala sold AVON at age 14 and landed on Wall Street three years later. She became a bond trader when female executives were as rare as pink diamonds. For 25 years, Maria streamlined Fortune 500 companies, nurtured non-profits, and discovered her niche—mentoring women CEOs and executives. Armed with corporate secrets and life coach credentials, Maria founded Elevating Your Business to help female financial professionals live better using her proprietary brand of consultative-coaching. Contact Maria today and take the first step toward freedom, full-fillment, and a sparkling quality of life! Contact me now!
Get my latest articles, research, and tools as they are produced. PLUS receive my popular “Niche-Rich Assessment” as a thank you for subscribing.
Featured Event
Affiliate Disclosure
Some of the links listed on this site are affiliate links. If clicked and purchased, we receive compensation for the recommendation.
