Give respect to AMC people the way you expect it from your clients.
Clients want a responsible advisor. If they get it, they would stay.
Some clients need hand holding when markets are low. Some clients need hand holding when markets are high.
Apply common sense more than your gut feeling when advising clients.
Clients underrate the advantage of having an advisor. Still, IFAs must keep doing the right things.
Find new clients. There are millions out there.
Redemptions are part of business. Mostly, clients come back with higher Investments.
During tough times, be in touch with clients. Don’t overdo it.
Stay on clients side during tough times. They will flock to you during good times.
Clients expect their financial advisor to be confident. Take informed and matured decisions when managing clients portfolio.