04 Sep 2017
They say ‘Compounding is the 8th wonder of the world’. I agree. It works not only for clients but IFAs too. Clients reap compounding benefits by remaining invested for long periods of time. There comes a time they make more money every year than they actually invested. Similarly, IFAs benefit from the componding in three ways. Firstly, with time clients grow in their own profession. Secondly, they invest more and their investment portfolio grows and thirdly, their trust in you compounds as well. All this results in extraordinary growth for an IFA. The longer you hold a client, the bigger the power of compounding growth you will achieve in this business. Watch my video on ‘The Power of Compounding for IFAs’ here.