OnBord Blog.
Streamlining the new client experience for financial advisors.
How Client Onboarding Impacts Revenue for RIAs
For registered investment advisors (RIAs), client onboarding is a crucial part of the job. With client assets at stake, firms must get the process right to protect their revenue. Unless an RIA has a solid client onboarding process in place, they run the risk of losing...
Creating a Better Client Experience
Want to add value to your financial services firm while supporting your goals for long-term growth? Focus on providing a better client experience! A good client experience adds value to your firm; clients are more likely to have strong client loyalty and be more...
3 Ways to Improve Your Client Onboarding Process
As a financial advisor, one of the most important things you can do is create an engaging client onboarding experience. Your onboarding process sets the tone for your relationship with clients and can make or break whether they stay with you. Here are three tips to...
Financial Advisor: Staying Relevant in a Digital World
The world has gone digital, and financial advisors and their firms looking to stay relevant are realizing the need to adapt accordingly. Society's continuous integration of technology into everything we see and do has led to a significant shift in business, with an...
Is Client Digitization Right for Your Firm?
In the recent past, going digital meant having a user-friendly website where clients could sign up and view account information or better understand your service offering. Today, clients are asking for much more than just a functioning website. One of the current...
Advisors Beware When Transitioning Your Book of Business
Transitioning your book of business or going independent are questions that many financial advisors ponder. Many who switch firms often boast about it being the best decision they have ever made but not without experiencing some level of frustration due to...
How Financial Advisors Can Use Technology to Improve the Client Experience
It costs more to acquire a new client than to keep one. A 2020 Kitces Research report proved this business philosophy. More than 800 financial advisors participated in a survey found the average total cost for a financial advisor to acquire a new client is $3,119 per...
Three Ways Financial Advisors Can Boost Productivity
Productivity is one of the biggest challenges that financial advisors face today. In the highly competitive post-pandemic world, advisors put in more time than ever to attract new clients, maintain relationships with existing clients, and manage investment accounts....
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