Elementality for Financial Advisors | Elements Financial Vitals System™

Qualifying Prospects And Discovering Value [214]

10 snips
May 8, 2025
Discover how strategic conversations can transform client engagement in financial advising. Delve into insights from 'The Four Conversations' and learn to shift from traditional sales presentations to meaningful dialogues. Explore effective strategies for qualifying prospects and uncovering what truly adds value for clients. This insightful discussion offers actionable tips to enhance the advisor-client relationship.
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ADVICE

Qualify Prospects With Six Elements

  • Use a six-element framework to qualify prospects effectively.
  • Ask about context, desired future state, decision makers, timeframe, budget, and next steps.
ADVICE

Ask About Future Success Vision

  • Ask prospects what success looks like three years from now and what obstacles stand in the way.
  • This sets a clear long-term desired future state to guide your advice.
ADVICE

Master The Value Conversation

  • Focus on understanding what value means to each client rather than just showing what you do.
  • Establish measurable success criteria and pricing willingness before proposing solutions.
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