--For dummies

Getting started as a financial advisor. Looking at the big picture ; Deciding whether you're geared to be a financial advisor ; Performing a self background check ; Deciding to work for a firm or build your own practice ; Surveying the regulatory landscape: the fiduciary standard -- Mastering core competencies. Pursuing professional development ; Getting budgeting under your belt ; Brushing up on asset management ; Delving into liability management ; Excelling in estate planning ; Tackling taxation ; Getting up to speed on behavioral finance -- Providing superior, personalized service. Formalizing your client due diligence process ; Developing a personalized financial plan ; Offering collaborative value-added advice ; Adjusting your service level to different clients ; Benchmarking performance -- Building your clientele. Earning clients and making a career for a lifetime ; Raising your profile with networking and marketing ; Teaming up to build synergies -- Running your practice as a business. Transitioning from solo practitioner to business owner ; Structuring your firm as a well-oiled machine ; Divvying up your business: equity participation ; Ensuring business continuity and planning for succession -- The part of tens. Ten tips for being a successful financial advisor ; Ten business-building activities -- Appendix: financial advisor resources

In step-by-step detail, Success as a Financial Advisor For Dummies covers how a current or would-be financial advisor can maximize their professional success through a series of behaviors, activities, and specific client-centric value propositions. In a time when federal regulators are changing the landscape on the standard of care that financial services clients should expect from their advisors, this book affords professionals insight on how they can be evolving their practices to align with the regulatory and technological trends currently underway