🔦 Finovate Fall 2024 - Reflection #2.2 (Split part 2)
➡ Takeaways ... (continued)
2. Top 3 Advisor Challenges --> The number one answer [55%] said "New client acquisition / business development". (Followed by #2 [38%] Compliance & #3 [30%] Revenue Growth) 📊
So again a question comes up for how to solve this challenge...
** How do wealth manager at financial institutions generate new leads? **
-A- Hire excellent marketers & spend heavily
-B- Create an organic Lead Generation engine by providing lightweight services (automated? digital? educational?) to future prospective clients
-C- Partner with a bank or credit union (as an advisor) who is investing in their own younger-client acquisition.
More ways of course, but these are the primary mechanisms that have emerged from my reflection.
Thanks again to Korrynn Baltzersen & Olivia Lui and the Curinos team for so much helpful data, visuals, and energy. 🙏
#finovatefall2024 #makewealthaccessible #digitalwealth Atomic Invest
Earlier today, Curinos' Korrynn Baltzersen and Olivia L. delivered their keynote address at FinovateFall 2024: "Truly Transformative Technology: What The Latest Data Says About Future Proofing Your Business," sharing key insights into the advancements industry leaders are leveraging to outpace the competition.
Get full access to their presentation by liking this post, sending us a LinkedIn message or emailing marketing@curinos.com.
Treasury Account Specialist II
3moCongratulations Lizzy Bales !!