Leading with Integrity: Balancing Team Management and Client Relationships in Financial Advising
What You'll Learn In Today's Episode:
- Setting clear expectations is vital for team dynamics.
- Non-negotiables help maintain standards within a team.
- Leadership is a skill that requires training and development.
- Building relationships with clients is fundamental.
- Professionals simplify complex problems for their clients.
In this recap episode, Amber shares highlights about effective leadership in your practice with your team and maintaining professionalism in client relationships. Matt and Micah kicked off the week by emphasizing the importance of mastering essential skills to elevate your practice. They stressed the significance of setting clear expectations when bringing on new team members, whether they’re junior advisors or support staff, highlighted common pitfalls in leadership, such as failing to establish firm boundaries and non-negotiable standards.
The conversation then shifted to professionalism in financial advising, with Jamie Shilanski joined by her father, Floyd. They discussed the unique challenge financial advisors face in succinctly describing their profession compared to other professionals like doctors or lawyers. Floyd shares insights on effectively communicating the value of financial planning services, emphasizing the importance of putting clients first and charging according to the value provided.
