403: What Should Financial Advisors Charge?
About this episode
This episode discusses how financial advisors should determine their fees based on experience and value rather than simply following industry standards.
What should financial advisors charge? Too often, advisors answer that question by looking around at what everyone else is charging and picking a number that feels safe. But your clients aren’t paying for the number of hours you spend creating a financial plan or the number of meetings on your calendar. They’re paying for the years of experience, expertise, and pattern recognition that allow you to help them make better decisions, avoid costly mistakes, and move forward with confidence...
People in this episode
Host: Libby Greiwe
Topics covered
- financial advising
- pricing strategies
- client relationships
- business expertise
- decision making
Keywords
- financial advisors
- charging fees
- client value
- experience
- expertise
More episodes of The Efficient Advisor: Tactical Business Advice for Financial Planners
- 402: My “Easy Button” Strategy for Free Travel and Credit Card Points
- 401: The Simple System That Saved Me Oodles of Time
- 400: Inside the Client Service Model of a $415M AUM Practice
- 399: The One Simple Skill Blocking Your Next Level Up
- 398: Stop Using AI Like a Note-Taker (Use It Like an Executive Assistant)
- 397: How to Know if You are Solving the Wrong Problem in Your Business (Replay)
Explore listener stats, chart rankings, contacts and more on the The Efficient Advisor: Tactical Business Advice for Financial Planners podcast page.