by Elixir Coaches | Jun 14, 2023 | Advice, Business Coaching, Business Management, Client Service, General
In the early years of financial advice it was enough for advisers to be great at building their client base, and allowing their business to form around them. These days, successful advisory businesses are built with business acumen and a focus on strategic planning. ...
by Elixir Coaches | Aug 11, 2021 | Advice, Business Management, HR
To most financial advice businesses, the concept of Outsourcing is not new. Many businesses have outsourced their licensing and/or paraplanning for years – but more and more advice businesses are also outsourcing elements of their administration either to...
by Elixir Coaches | Jul 12, 2021 | All Posts, Business Coaching, Business Management
One of the key attractions of owning a financial advice business has always been the benefit of generating recurring revenue from long-term clients. While the removal of grandfathered commissions and introduction of mandatory renewals has removed the ‘guarantee’ of...
by Elixir Coaches | May 31, 2021 | All Posts, Business Coaching, Business Management
This article is a summary of a Webinar delivered by Sue Viskovic and Graham Burnard from Elixir Consulting on how to approach the challenge of leveraging technology in a financial advice business. Technology decisions are one of the most critical decisions that owners...
by Elixir Coaches | May 31, 2021 | All Posts, HR
Hands down, THE most critical element of an advice business is the people who serve within it, your human capital so to speak. Having the right people in the right roles is the first step to success, and empowering them through great management is the true key to...
by Elixir Coaches | May 31, 2021 | All Posts, HR
Culture and staff morale are intangible elements of a business that have a huge impact on its success; not only on the financial success but on the wellbeing and happiness of all involved – the business owner, the staff, even rubbing off on clients. As they say...
by Elixir Coaches | Mar 9, 2021 | All Posts, Articles
Improving productivity often brings to mind thoughts of doing more with less. A positive experience if implemented correctly, you can do more with less human effort. It usually comes down to how good your systems and processes work together. Here’s the thing though,...
by Elixir Coaches | Jan 16, 2021 | All Posts, Articles, Change, Licensee
If you’re unsatisfied with your licensee at present, you’re not alone. Adviser Ratings research showed that 14.4% of advisers switched licensees in the year ending Q3 2020, and we’d suggest that the number of advisers contemplating a move is higher still. In addition...
by Elixir Coaches | Jul 3, 2020 | All Posts
A business plan is one of the most powerful tools you can use to help your business evolve and grow so you can achieve the outcomes you want. Financial Advisers know all too well, the power of planning – and see the impact of it every day with their clients...
by Elixir Coaches | May 5, 2020 | All Posts
Last week I had the opportunity to co-present “Leadership is evolving daily” with Deb McQuinn from Strategic Resources Network on our Tactical Tuesdays webinar. I’ve highlighted some of the key takeaways in this quick article… Teams and employees have never...
