Volatile Markets Can Have an Upside for Financial Advisors

be mine betty boop

It’s been an exhausting and emotionally draining couple of weeks for financial advisors coping with the gyrating markets. Smart advisors have been putting in extra hours calling clients before the clients call them and addressing concerns that are just beginning to form. There’s a silver lining for advisors who’ve guided clients through this tumultuous period: a closer relationship.

The extra client service has really solidified and deepened their bonds with clients, advisors are telling me. That’s always a good thing. And it’s also especially useful for those advisors who are contemplating a move. You’ll need lots of loyalty if you want to make a strategic change when the markets are fractious.

Photo: Steve Baker

About Mark Elzweig

I am an executive search recruiter with an inside track on financial advisors, the asset management industry, and Wall Street. My work has appeared in numerous publications including On Wall Street,AdvisorOne, and Fund Fire. Journalists regularly seek me out, so you catch my bon mots in The Wall Street Journal, Research Magazine, Reuters, and more. You can follow me on Twitter @elzweig or you can reach me directly at 212-685-7070 or elzweig@elzweig.com.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s