The Efficient Advisor: Tactical Business Advice for Financial Planners

163: Common Themes Among Successful Practices & One-Page Financial Plans with Matt Jarvis

Jan 23, 2024

Financial planning expert Matt Jarvis shares themes and trends among successful advisors, including communication strategies and efficient document management systems. He also discusses the power of one-page financial plans for delivering advice quicker and easier to clients. The podcast explores factors for success in the financial planning industry, the importance of avoiding paperwork and seeking advice from peers, implementing changes within a team, prioritizing client concerns, and embracing diversity and flexibility in the industry.

37:48

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Quick takeaways

Successful advisors simplify recommendations by using one-page financial plans to deliver advice quicker and easier.

Successful advisors prioritize time management and effective communication to set themselves apart from others in the industry.

Deep dives

The Value of Simplifying Recommendations

Matt Jarvis, a successful financial advisor, shares his insights on the importance of simplifying recommendations. By using one-page financial plans, he has found that delivering advice becomes easier and quicker. He explains how he and his team utilize these plans and provides tips for creating them.

Customization within templated processes

01:49

Client Onboarding and Value Delivery Process

01:31

Limit Communication to Urgent Matters Only

01:00

Introduction

3min

Factors for Success in the Financial Planning Industry

6min

Practices for Financial Advisors: Avoiding Paperwork and Seeking Advice from Successful Peers

2min

Implementing Changes Within the Team

15min

Prioritizing Client Concerns and Efficient Meetings

8min

Embracing Diversity and Flexibility in the Financial Planning Industry

3min

Today’s busy world leaves us no other option than to make every second count. Whether it’s at home or work, we must optimize our resources to maximize our time.

In this episode, financial planning extraordinaire, Matt Jarvis, joins The Efficient Advisor host, Libby Greiwe, to discuss themes and trends he has seen throughout his decades of experience that successful advisors are using to streamline their practices.

Matt shares his expertise on running a seamless, efficient financial advisory business by utilizing:

Communication strategies
Financial planning software
Document management systems
Customizable templates

Matt also shares some tips and tricks for how he and his team use one-page financial plans to deliver advice quicker and easier to clients. His successful approach is a testament to the power of simplicity and clarity in financial planning.

Don't forget to connect with The Efficient Advisor on LinkedIn and Facebook to keep the conversation going!

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LINKS FROM THIS EPISODE

Check out Matt’s website here

Connect with Matt on LinkedIn here

Enroll in the One-Page Financial Plan Masterclass here

Books Mentioned:

Delivering Massive Value by Matthew Jarvis

Join the Group Coaching & Mastermind HERE!

Download the Family Tree Template Here

Enroll in The Perfect RIA Masterclass Here

Connect with Libby on LinkedIn Here!

Successful businesses don’t get built alone. You need community! You need collaboration! Join us in The Efficient Advisor Community on Facebook.

Check out more FREE resources and our FREE video library at http://www.theefficientadvisor.com

Looking for all the resources from this episode? Check out this episode’s webpage for show notes, transcripts, downloads and more!

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