Simplifying the complex. Memorializing the simple
Financial planning topics are often complicated or come across as overly complex at first. As complexity increases, understanding often decreases. Prospective clients can’t trust what they don’t understand just as existing clients are less likely to follow advice or “buy in” to the process if they don’t understand. So what can advisors do to provide clients with a sufficient level of understanding without overloading them cognitively, while also protecting their own time and being able to stand out from the sea of other advisors in an industry with historically low levels of trust? 

Use effective visuals and focus on educating your clients. visiWealth provides advisors and financial professionals with access to high quality visuals of wealth management and financial planning concepts and strategies that are advisor-driven and client-focused. Advisors who focus on educating are really focused on helping others understand. People who understand are more likely to follow advice or act on recommendations provided by their advisors. When following advice leads to positive outcomes, advisor trust and appreciation levels rise.