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. It can become easy to feel overwhelmed.
Fortunately, there are strategies that financial advisors can use to work more efficiently and get more done in less time.
Here are three tips to help you boost your productivity starting today:
Notice your posture.
“Don’t slouch” isn’t just good advice for spine and back health — proper posture can dramatically affect your energy levels, mental clarity, and overall productivity.
Choose a work chair that is adjustable in terms of height and lean and provides adequate lumbar support. Ideally, your chair’s armrests should also be flexible.
Consider an adjustable standing desk, which raises and lowers so that you can work standing up or sitting down. Standing can help relieve pressure on your spine caused by sitting for long periods, giving you better energy and mental clarity.
Also, make sure you take periodic breaks. Get up, move around, stretch, take a walk – movement can help clear your mind and prime you for peak performance when you return.
Don’t forget to take care of your body.
We often neglect to care for our bodies in our quest to achieve more meaningful goals and serve our clients better. Unfortunately, skipping out on exercise, nutrition, and self-care can negatively impact productivity.
Focus on healthy eating, proper exercise, and adequate sleep to feel better, enjoy more energy, and get more done.
It’s also essential to build in time for self-care. Schedule time to get reacquainted with an old hobby, spend time with friends or family, or simply dive into a good book or streaming series. Making self-care a priority can elevate productivity when you get back to the office.
Take advantage of technology to streamline your client onboarding process.
Onboarding is a critical part of your relationship with your new client. It helps ensure that you have the information needed to set up and track accounts and provides the client with the assurance that their investment is in capable hands.
Many advisors only provide cursory onboarding — not because they don’t want to, but because they lack the time and resources for proper onboarding.
Platforms like OnBord.io take the hours and guesswork out of onboarding new clients. OnBord ensures that your firm’s client onboarding experience is consistent and complete through a simple user interface and sophisticated technology.