Getting new clients onboard can be a demanding and energy-intensive task. It requires continuous communication to establish trust and confidence while keeping them engaged during their financial planning journey. Losing their interest could mean losing their business, as highlighted by a wealth management research report, with nearly 40% of clients planning to switch financial advisory firms within three years, with “personal attention” ranking second among their top priorities. That’s where client engagement becomes paramount. Engagement is the core of a solid marketing plan – it’s essential for building those long-lasting relationships with clients. Crafting a perfect engagement strategy, when executed well, will not only help financial advisors generate consistent revenue from existing clients but also has the potential to attract new clients through referrals.

The leading automated client care and engagement platform is now the exclusive gifting partner for Tom Ferry and his global network of real estate professionals

In the ever-changing realm of client and employee engagement, external factors constantly shape and bring exciting changes to the market. Think pandemic, economic fluctuations, technological advancements, and shifting consumer preferences. We all know the wonderful feeling of giving and receiving thoughtful gifts, and to make that magic happen, companies must stay on their toes, keeping track of current consumer trends and market stats. Today, we explore the latest gifting trends, uncovering precious insights from our recent survey of over 500 professionals. Here, we shed light on the psychology behind gift giving and its incredible significance in nurturing client and employee relationships.

In today’s evolving financial advisory landscape, advisors face the challenge of engaging with more discerning and knowledgeable investors. While expertise and positive returns remain vital, clients now seek a personal connection and trustworthiness alongside technical proficiency when choosing their financial planner. Building lasting client relationships requires financial advisors to understand the importance of effective communication and hone their soft skills to foster strong bonds. The industry needs to shift its focus from conventional metrics like satisfaction scores and embrace client engagement as the new benchmark for measuring advisors’ impact. It’s time for a change in how financial advisors establish connections with their clients, opening doors to more productive and satisfying partnerships.

In a world of economic uncertainty, businesses face mounting pressure and debates surrounding the impact on companies. However, one thing remains crystal clear: organizations that consciously invest in work culture and employee engagement during uncertain times position themselves to capitalize on opportunities amidst obstacles. As the prospect of economic uncertainty weighs on employees’ minds, businesses must proactively strategize to boost morale and alleviate concerns amid ongoing unpredictability. But how can companies achieve this amidst high levels of uncertainty?

In the modern business world, ensuring high levels of employee engagement is vital for achieving success. It determines whether you have a thriving workforce or high turnover rates that hinder growth. Engaged employees bring their best to every project, stick around, and even become ambassadors for your organization. Talk about a win-win! 

Partnership gives all LPL Financial advisors access to Client Giant’s automated platform to create meaningful moments for clients, convert on referrals and more

Employee feedback is a critical factor for business success. It entails collecting and evaluating employee thoughts on their experiences and understanding of the workplace. Organizations that take the time to seek out and listen to employee feedback benefit greatly. It’s so important but often forgotten. Teams should make it a deliberate part of their day-to-day operations as it does not only foster professional development and improve communication, it can actually boost engagement levels and keep workplace culture thriving.

Job hunting jumps 12% just before birthdays; Happier People features enhanced tools tailored to drive employee retention, engagement and happiness – and never miss a birthday or milestone

Due to shifts caused by the pandemic, remote work has become the new norm as many companies have adjusted their office structures. A survey found that more than half of the respondents polled (58%), post-pandemic, want to work remotely full-time. A vast majority of companies are now either requiring or encouraging remote work. Around 40% are into the idea of doing hybrid work. This can actually bring some pretty cool benefits like better ROI, productivity, and work-life balance. Meanwhile, about 45% know someone who has either quit their job or is planning to quit because they have to work in-person.