How to get a lit financial advisor profit margin!

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WOW that’s painful to talk about. Could your financial advisor practice be more profitable? What should a financial advisor’s profit margin be?

While helping the world with their retirement you just in fact may be neglecting your own.

For those of you who are new to my blog/podcast, my name is Sara. Currently, I am a CFA® charterholder and I used to be a financial advisor. I have a weekly newsletter in which I talk about financial advisor lead generation topics which is best described as “fun and irreverent.” So please subscribe!

Financial advisor profit margins – get a fat one

In this episode with Jim Palumbo of DYNAMIC Advisor Solutions, advisors will learn the following about financial advisor profit margins:

  • Why the profitability of your practice is matters to your clients
  • The value of seeing yourself as a business rather than just a professional practitioner – both for yourselves and for your business owner clients
  • How far you can cut costs and which costs you should and should not cut
  • Two ways to grow your business and how to go about them
  • Profit margin guidelines for advisors who are acquiring other practices
  • How Jim got his business to 80% gross profit margin when he was an advisor
  • The likelihood of local talent meeting the needs of your practice

Sara’s upshot

What’d ya think? Was this helpful?

If yes…

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This is a book about financial advisor LinkedIn messages which contains scripts you can use to get new prospects.

You could also consider my financial advisor social media membership which teaches financial advisors how to get new clients and leads from LinkedIn.

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Thanks for reading. I hope you’ll at least join my weekly newsletter about financial advisor lead generation.

See you in the next one!

-Sara G

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Music is “Arp Bounce” by Geographer

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