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My Advice For Weak Financial Advisors

Financial Advisor Marketing Podcast

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The Importance of Pricing Law in Business

Business law states half of the work in a given domain is done by the square root of the total number of people who participate in the work. If you have 100 clients, then 10 of them will provide for 50% of your happiness or the results. This also applies to problem clients and amazing clients. Imagine a group of 100 financial advisors seeking to convert 1000 prospective clients. Half of 1000 is 500 - this works out to an average of 50 clients per advisor. It explains why growing bigger typically means you expose your business to people who won't do as well.

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