Active investment management’s weekly magazine for fee-based advisors

Trish Beine • Greenfield, WI
ClearStep Financial • Harbour Investments Inc.

One of the wonderful advantages of working with our firm is the emphasis on marketing. If I am not talking to people and meeting with them on a consistent basis, then I’m not growing my business. We have a saying at our firm: “3 + 3.” This is a mental reminder that a person sitting within three seats of you virtually anywhere could possibly use your help with financial matters­—and that it is important to reach out to a new contact within three days. Those simple thoughts are a constant prompt that we are almost always in a position to build our networks.

Our office then helps us take this networking to the next level by focusing on education. We hold seminars on average once a month and invite individual questions and personal follow-up visits. The third-party asset managers we have access to have come in to share updates on the economy and their strategies. We have had a special seminar on what is important to women in investing and retirement. We have also covered Social Security planning and how to work within governmental programs.

The firm will advertise these and promote them to clients and their guests. It is far from a hard-sell presentation, but rather it is very effective in reinforcing current client relationships, getting our name out there, and generating new prospects.

I also think it is very important to be networking within the organizations that are important to me on a personal level. This includes business organizations, my college alumni group, volunteer groups, the YMCA, and so forth. I am an avid cyclist and have made several valuable contacts through biking.

The point is not to present oneself always in a sales mode, but to acknowledge that we offer a highly professional service that the overwhelming majority of our clients find very valuable. It is important to gracefully let people know that you are in the advisory business and available for any sort of discussion if that is of interest to them.

Disclosure: Securities and advisory services offered through Harbour Investments Inc. Member FINRA/SIPC. There is no guarantee that active management will outperform a buy-and-hold approach to investing. Investing involves risks, including the potential loss of principal. Past performance is no guarantee of future results. Please note that individual situations can vary. Therefore, the information presented here should only be relied upon when coordinated with individual professional advice.

This article first published in Proactive Advisor Magazine on Jan. 22, 2015, Volume 5, Issue 3.

Photography by Sarah Stathas

Recent Posts:

Earnings season winds down with near-record beats

With Walmart (WMT) delivering its earnings report last Thursday (Feb. 18), the majority of major company earnings releases for Q4 2020 have been delivered. Bespoke Investment Group called the reaction to Walmart’s report “a relatively fitting end to the earnings...

The predictive nature of cumulative volume breadth

ne of the cumulative breadth indicators that we follow is cumulative volume breadth (CVB). It is the running daily total of volume on advancing issues minus volume on declining issues. While it can be...