The Financial Planning industry has changed in the following ways since COVID-19:
Numbers are the easy part, it is the client's emotions that are the hard part.
The best investment portfolios are the ones that are diversified. The more diverse the portfolio, the more return you should see.
Over the next 10 years, the top 10 will have changes, and only two may stay.
Real Estate:
Greg had created a corporation based on what he would want in a financial planner, and has defined a new way of doing things that is now the norm!
Greg Sullivan 's business has been built of referrals, and client retention is astronomical. SBSB really takes on the clients and all the clients financial needs.
Make sure you have done your correct due diligence. Do due diligence even on the financial advisor you are going to see, you want to be sure and know you are making the right choice.
Things to think about:
Banks are strapped with regulation and compliance and are way more complicated than working with an independent advisor.
Harder to make decisions within the bank since there are more staff to consider and more parties needing to be involved.
Independent planners have more freedom and fewer hoops to jump through.
Connect with Greg Sullivan:
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Book: Retirement Fail
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Email: jpmcavoy@conductlaw.com
Phone: 1-833-890-8878
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