The Elite Financial Advisor Podcast With Sten Morgan 76. How To Price Planning
Aug 11, 2023
Learn about the different ways advisors determine their pricing and the importance of choosing the right model for your service. Explore the pros and cons of fear pricing and why it's crucial to provide high value to justify costs. Understand the significance of going through the pricing and planning process and the importance of supportive communities. Discover a pricing model for financial advisors that involves upfront and ongoing fees, as well as the challenges in determining pricing strategies based on various factors. Delve into different pricing models for engagements and the significance of onboarding and delivering value to clients.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 3min
Fear Pricing: The Pros and Cons
02:38 • 10min
Navigating the Stages of Pricing and Planning
13:07 • 2min
Different Pricing Models for Financial Advisors
15:05 • 6min
Challenges and Adaptability in Pricing Services
21:02 • 2min
Different Pricing Models and Onboarding Clients
22:56 • 4min