What is the number one reason clients fire financial advisors? A lack of communication (see tweet). 85% of survey respondents cited this. Data from YCharts and Kitces:

"YCharts asked more than 650 people, all working with a financial advisor or planner, what they expect when interacting with their advisor and which aspects of communication could be improved. Download the full report here from YCharts."

Props to Snappy Kraken's email with subject line: "You're Fired" which tipped me off to this study. (Launch Snappy Kraken on WealthVoice - Alexa Quick Link - to hear weekly marketing tips and updates.)

I'm off to Wealth Management EDGE - follow along on Twitter: https://twitter.com/emilybinder and Instagram @wealthvoiceai. This show will be back in about a week.

Get this show as a podcast or Alexa Flash Briefing here. OG content: learn more about why I love Flash Briefing in this slightly embarrassing quality video - it's the best hands-free place to get news and mini podcasts. Try it: Enable Voice Marketing with Emily Binder on Alexa Flash Briefing here then say "Alexa, Flash Briefing."

Hosted on Acast. See acast.com/privacy for more information.