It's not what you know, but who you know

clock

Bryce Sanders, president at Perceptive Business Solutions, reveals how your existing clients can help when it comes to referrals.

You are planning to grow your business. This means growth in net new households. You will likely lose some clients to defections, others will move and some will unfortunately die. So where will new clients come from? You have a goal; maybe it is 20 net new households of a certain size. You have a good list of prospects – you know their names from doing research within your geographic market. The 4-10 February issue of The Economist ran the Lexington editorial – “The Classes Drift Apart”. It makes the point: “This new elite is not just a breed apart. It lives apart in bubbles such a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Adviser guide aims to 'demystify' Consumer Duty annual reporting

Adviser guide aims to 'demystify' Consumer Duty annual reporting

Firms to produce first annual Consumer Duty board report

Sahar Nazir
clock 02 May 2024 • 1 min read
How fuzzy personal boundaries can lead to professional misconduct

How fuzzy personal boundaries can lead to professional misconduct

Make ethics reviews part of regular team training and development

Philippa Hann and Moira Somers
clock 02 May 2024 • 4 min read
Advisers to estimate inheritance tax liabilities with calculator

Advisers to estimate inheritance tax liabilities with calculator

Advisers can calculate IHT liabilities based on future estate value

Sahar Nazir
clock 02 May 2024 • 1 min read