185 Beliefs That Stop Advisors from Charging Financial Planning Fees
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185 Beliefs That Stop Advisors from Charging Financial Planning Fees
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About this listen
In this episode, Sten Morgan discusses the evolving landscape of financial planning, emphasizing the importance of mindset shifts, overcoming limiting beliefs, and the necessity of charging for financial advice. They explore the transformation from traditional product-selling to a more holistic approach that values time and expertise. The conversation highlights practical strategies for building confidence, improving communication skills, and understanding true financial planning, ultimately encouraging advisors to embrace their worth and the changing dynamics of the industry.
Key Takeaways:
- Clients are willing to pay for financial advice and expertise.
- Overcoming limiting beliefs is crucial for professional growth.
- Building confidence and communication skills is essential for success.
- Charging for financial advice can enhance client relationships and respect.
- Advisors should not fear losing business by charging fees.
- The financial advisory industry is evolving, and advisors must adapt to stay relevant.
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