Summit Financial’s Post

"In a constantly changing landscape and heightened competition, the need for financial advisory firms to embrace organic growth is more crucial than ever." We asked our CEO and Co-Founder Wilbur Swan to talk about the trends that we can expect to see in organic growth this year, and here is what he had to say: https://bit.ly/3ShnpNq Comment below if you have an addition to this list! #BuiltInLabs #WealthManagement #2024predictions #OrganicGrowth

Mistakes Financial Advisors and Accountants Make on Social Media. Most financial consultants and accounting firms think social media is just a “nice to have.” Big mistake. Your competitors are out there building trust, engaging clients, and showcasing their expertise. You can’t afford to be invisible. 🔍 Here's the truth: Your potential clients are scrolling right now. They're looking for someone they can trust with their money. If you're not showing up, they won't know you exist. So, what’s the fix? 1️⃣ Be consistent: Post regularly. Even simple tips or insights can make a difference. 2️⃣ Be relatable: Share real-life scenarios your clients face and how you help them. 3️⃣ Be valuable: Offer advice they can use immediately. Build that trust. Let’s make your firm the go-to authority online. Ready to turn your social media into a client magnet? #FinancialAdvisors #Accountants #SocialMediaStrategy #ClientGrowth #BusinessTips #DigitisedGrowth #SMMA #Finance #Marketing #BusinessGrowth #SocialMediaMarketing

Don’t let political uncertainty distract you from your long-term financial goals. We can work with you to create an investment portfolio built to weather different political, market and economic cycles.

Want to become more influential? Learn the acronym ITR- it'll change everything. Here's how those 3 letters changed my life. In 2022, I left my safe corporate job to start a business. I wanted to create a better consulting firm. After starting, I realized that Valuetainment would be an incredible partner. So, I reached out to one of the executives at the company with my idea. What helped seal the deal? The ITR Framework: - Investment - Time - Return (P.S. Practicing communicating with the ITR framework can use this when proposing anything, whether it's a sales deal, or getting your kid to clean up their room). Let's break this down. Investment: What do you need to invest? ▶ This could be money, resources, time, or something else. Time: How long will it take to get the investment back? ▶ Calculating this could be difficult, but taking the time to do so will make it easier for someone to say YES! Return: What results will the investment bring? ▶ Use a metric that the other person cares about. It could be better finances, better health, or something else.

💰 Attention content creators! 💡 Elevate your financial savvy with these Money Management Tips tailored just for you: 💼 Diversify Your Revenue Streams: Explore various income sources to safeguard against fluctuations in one area. 📊 Track Your Expenses: Keep a close eye on your spending habits to identify areas where you can cut back and save. 💸 Create a Budget: Establish a budget to allocate funds for essential expenses, savings, and investments. 📈 Invest Wisely: Educate yourself on investment options and consider diversifying your portfolio to build long-term wealth. 📱 Leverage Social Media: Utilize platforms to market your content and engage with your audience, potentially increasing your earning potential. 📆 Set Financial Goals: Define clear objectives for your finances and create a roadmap to achieve them. 🤝 Seek Professional Advice: Consider consulting with financial experts or advisors to optimize your money management strategies. Implement these tips to strengthen your financial foundation and propel your content creation journey to new heights! 💼💡 #MoneyManagement #ContentCreators #FinancialSuccess

STARTING RIGHT NOW... 𝐒𝐮𝐜𝐜𝐞𝐞𝐝 𝐨𝐧 𝐏𝐮𝐫𝐩𝐨𝐬𝐞: 𝐇𝐨𝐰 𝐭𝐨 𝐁𝐞𝐜𝐨𝐦𝐞 𝐭𝐡𝐞 𝐄𝐥𝐢𝐭𝐞 𝐖𝐞𝐚𝐥𝐭𝐡 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 𝐘𝐨𝐮 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐁𝐞 No matter where you’re at in your practice right now, we believe you can race up the hierarchy of advisor success and live the life you’ve always dreamed of. We want to show you a better way. A way that will not only massively increase your net income, but will also richly enhance your quality of life and sense of purpose. The key is to serve fewer, but wealthier clients, extremely well. And you can do this with even less effort than you ever thought possible. Here is a glimpse of what you’ll uncover in this short but info-packed session: ✅ What today’s top financial advisors are doing that net them $1M+ a year—and how you can copy them (with less effort than you’re putting in now) ✅ Break down the specific behaviors of elite advisors that result in the biggest, most substantial business outcomes and achievements ✅ The chance to assess yourself in relation to the nine accelerators, which will reveal where you are currently excelling and where you may be falling behind When: Thursday, February 15, 2024 at 4 PM Eastern/1 PM Pacific Register now https://lnkd.in/dScHHvDn #succeedonpurpose #weatlthmanagement #financialadvisor #financialadvisormarketing #elitewealthmanagement

https://lnkd.in/gwKJr4EV After reading a great review of U.S. Bank in Forbes, I’m now trying to find the right path forwards with my current assets in trust ledger at U.S. Bank. I’m sure closing on the residential property I’ve managed to save my dollars for makes sense now. I’m wondering if U.S. Bank in Minnesota is the right path forward for my trust ledger assets. I’m searching for a visualization tool in high finance to personal enterprise resource planning tool with relationship management features for myself as a high net worth business owner & individual investor with resources at U.S. Bank & accumulative value in businesses as a sole proprietor: Microsoft Excel Quickbooks allows me to start organizing inputs for a great enterprise resource planning where input values can Asset name | Asset type | terms of shareholders agreement | current issued shareholders certificate information | number of shares | total of dividend payments per asset named | return on equity | return on investment | CAGAR | sole proproprietor tax filing routine workflow Looking an asset management tool for enterprise resource planning to assist with the following things. * Start budgeting personal spending to acquire personal items personal shopping purchases * Start to plan to give personal gifts * Philanthropic giving * Hire personal contracted employees staff * Review solicited requests for investment opportunities to allocate my cash resources to investments * Closely monitor personal wealth trust ledger assets as a sole proprietorship equity owner of several businesses with contracts in place, & contracts pending , * Total value of personal net worth from trust ledger * Total current value of consulting business sole proprietor business net worth * Identifying proper accounting for trust ledger journaling as an individual investor * Identifying proper accounting visualization tools for documenting my trust ledger activity & journaling my sole business value as individual investor activity U.S. Bank Trust Officer @Taylor Hallstrom & @KiraReoutt my U.S. Bank relationship manager, U.S. Bank account co-trustee @RobertFSmith CEO Chairman at Vista Equity Partners U.S. Bank wealth account owner @Terrence Smith dba T. Smith Private Wealth & Financial, SP., at U.S. Bank U.S. bank trust ledger co-trustee with @Terrence Smith / personal wealth advisor & investment strategist at Vista Equity Partners / @RobertFSmith personal wealth advisor of mutual funds personal investment strategist for @Terrence Smith at Ariel Investments @JohnARogers @MellodyHobson Former U.S. Bank Executive board of directors at Goldman Sachs Asset Management @TimLeach U.S. Bank personal wealth trust ledger primary account owner @Terrence Smith

The cost of lead generation in financial advice is going up. If you’re a financial advisor, here’s a few content creation and social media mistakes you’re probably making right now AND how you can fix them. Common Mistakes: • Stuck in Compliance Limbo: You may be stuck with a company that has an overbearing compliance department, making everyone share the same boring content. •Fear of Authenticity: Being scared to share personal thoughts and beliefs about the markets, financial planning or how you can help - because you're worried about what people will think. •Casting too Wide of a Net: Sharing a message that's too general, making it hard for people to see why it matters in a few seconds. 🚀 Here’s an Effective Approach: #1 - Start by breaking free from the wirehouse or captive BD. If you’re not sure where to start, check out xyplanningnetwork.com, https://lnkd.in/gnv6UqPz, or join up with me at https://lnkd.in/g9CUh8QE. #2 - Get over any mindset issues about being on camera. Without quality content, your business will never achieve exponential growth. If you need a coach, www.modelfa.com or https://limitlessfa.life/ can help. #3 - Choose a specific group of people to focus on - aka. pick a niche. Here’s a good article on the topic, https://lnkd.in/g_rfVVX2. Or, check out my Youtube channel for help on how to pick a niche. #4 - Come up with 25-30 topic ideas related to your niche and core expertise. These can include things like executive compensation planning, diversification, how to convert assets to income, or how to sell a business in a tax-advantaged way, etc. #5 - Dice up the topics in smaller pieces. The framework I use involves breaking the topic into: a quick tip, common mistake, common question, personal story, industry myth, and step-by-step process. This will give you 6 short compelling videos that you can post to social. #6 - Make one set of content every week - one longer video and six short videos. #7 - Find an editor on Upwork.com (you’ll have to kiss a lot of frogs) or reach out to my firm at advisorgrowthexperts.com if you’re looking for a full-service solution. #8- Share the short videos on social media and put the longer video on YouTube. Think about making a Linktree page to guide viewers to important places on your website or other offers. Here’s mine if you need some inspo - https://linktr.ee/pbrewcfa So if you want more information on how to attract and convert ideal prospects on social media, click the link and watch my video on the financial advisors guide to social media content creation.

Sick of the tips and tricks from uncles and mums, friends and work colleagues? Maybe it worked for them, but it feels so generic and not quite right. Well I don't want to add to that. Instead, I'd like to offer some perspective around investing for new wealth in the new world. Subscribe to our fortnightly newsletter today and get real, practical advice without the fluff: https://bit.ly/3VbXmJl

Sick of the tips and tricks from uncles and mums, friends and work colleagues? Maybe it worked for them, but it feels so generic and not quite right. Well I don't want to add to that. Instead, I'd like to offer some perspective around investing for new wealth in the new world. Subscribe to our fortnightly newsletter today and get real, practical advice without the fluff: https://bit.ly/3VbXmJl