Listen "Are financial advisor awards worth it? | Ep 9"
Episode Synopsis
What to do when you see another "congratulations, you’ve made the list!" email.Stephen Beach and Faustin Weber tackle one of the most common questions they get from financial advisors: are these industry awards actually worth paying for?We break down:• How to evaluate which awards are worth the investment vs. money grabs• Key questions to ask before paying any licensing fees• Smart strategies for maximizing awards once you've investedTimestamps:(1:31) Why the award business model threw us off at first(3:04) The key question: will your target audience recognize this brand?(5:18) Interviewing clients as a way to verify an award’s value(7:09) Am I actually proud to share this award?(8:15) Pricing structure(9:35) Award longevity and timing considerations(12:54) How to maximize your investment with a solid announcement plan(17:00) Compliance considerations and SEC audit implications#FinancialAdvisors #RIAMarketing
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