According to a recent J.D. Power study, fewer than 15% of clients say their advisor provides an ideal advice experience; and yet many advisors likely suffer from Dunning Kruger cognitive bias, where they think they are among that 15% when for the majority, that’s impossible.

Why is financial advice in such a state? Because, despite their best efforts, financial advisors aren’t hitting the core attributes of comprehensive advice.

To solve this, Practice Intel, a new firm led by Dr. Preston Cherry, Tom Rieman, Larry Shumbres, and Nick Gudz, among others, has launched. Combining practice-level insights with innovative e-learning resources and a proprietary index that benchmarks a firm’s valuation against its peers, Practice Intel helps advisors enhance their advice experience while achieving more organic growth and, ultimately, increasing their valuation.
-
Here are some resources to learn more about Practice Intel and its offerings:

Practice Intel home page- https://pracintel.com/home
Tom Rieman's LinkedIn page- https://www.linkedin.com/in/tom-rieman/
Preston Cherry's LinkedIn page- https://www.linkedin.com/in/drprestoncherry/
Bios for Tom Rieman and Preston Cherry- https://pracintel.com/about
An article about Practice Intel: "Putting Your Clients First"- https://www.wealthmanagement.com/client-relations/putting-your-clients-interests-first

A message from Advisor Perspectives and VettaFi: To learn more on this and other topics, check out our full schedule of upcoming CE-approved virtual events.

Stato Così

Mentioned by

Mentioned in 0 episodes

The AI-powered Podcast Player