The truth about financial advisors

In the world of financial services, there is an awful truth, the golden rule of financial services, it's called the 80/20 rule. The 80/20 rule goes something like this, 80 percent of a financial advisor's business comes from just 20 percent of his or her clientele. 

Thus, most financial advisors focus the majority of their attention on this select group of clients. In reality who can blame? Thus, CRM, or contact relationship management, software was created to help advisors manage their clients, or book of business.

Therefore, 80 percent of an advisor's book of business receive form letters, while the other 20 percent get personal phone calls. It all comes down to money - at least for most financial advisors. 

So, what's the point? Well, there really isn't one. It's just the truth about the world of financial advisors. 

Soon, we will be launching an interactive forum for those seeking a financial advisor, or those that have good and bad experiences with financial advisors.

But you don't have to wait until we launch our forum, you can send us an e-mail right now. E-mail us!