29 min

Delivering Advice That's Easy To Implement By Making It Reasonable Not Rational The Human Side of Money

    • Careers

Lack of follow-through and implementation of advice is a wide-spread problem.
One study revealed this gut-wrenching stat:
70% of clients implement less than 20% of financial planning recommendations.
There are a number of reasons to explain this.
A primary reason is that advisors deliver advice that looks good on a spreadsheet, but it doesn't fit into real life.
If you can design your advice for the person rather than optimizing for a spreadsheet, you'll watch your implementation problems disappear.
After all, the best advice is the advice that actually gets implemented.
In this episode, we'll look at:
A client story demonstrating doable over optimal advice One of the primary barriers that prevent clients from implementing How to optimize advice for spreadsheets but design it for real-life Three questions to ask that will drastically improve follow-through  
The featured partner for this episode is Knudge, an automated system to help clients actually follow through on their tasks and reach their financial goals.
*For more resources discussed in this episode --> Go Here
*To receive the monthly "Wisdom Round-Up" newsletter full of practical ways to apply the human side of advice --> Go Here.
*Follow Brendan for insights on mastering the human side of advice:
Twitter
LinkedIn

Lack of follow-through and implementation of advice is a wide-spread problem.
One study revealed this gut-wrenching stat:
70% of clients implement less than 20% of financial planning recommendations.
There are a number of reasons to explain this.
A primary reason is that advisors deliver advice that looks good on a spreadsheet, but it doesn't fit into real life.
If you can design your advice for the person rather than optimizing for a spreadsheet, you'll watch your implementation problems disappear.
After all, the best advice is the advice that actually gets implemented.
In this episode, we'll look at:
A client story demonstrating doable over optimal advice One of the primary barriers that prevent clients from implementing How to optimize advice for spreadsheets but design it for real-life Three questions to ask that will drastically improve follow-through  
The featured partner for this episode is Knudge, an automated system to help clients actually follow through on their tasks and reach their financial goals.
*For more resources discussed in this episode --> Go Here
*To receive the monthly "Wisdom Round-Up" newsletter full of practical ways to apply the human side of advice --> Go Here.
*Follow Brendan for insights on mastering the human side of advice:
Twitter
LinkedIn

29 min