Article: Investment Management: Connecting With New Clients: Initial contacts with an investment management services prospect generally encompass a compatibility interview, an evaluation of their financial outlook, and an explanation of the advisor's role.

Although Robert Doyle, CPA/PFS, president of Doyle Wealth Management, Inc. in St. Petersburg, Fla., is a money manager, he says, "I am really a relationship manager that manages people's money. So much of my time is spent managing the relationship. This is where we really earn our fee. Managing money is easy. It is a systematic, rational, and logical process. So often, however, our clients are not systematic, rational, or logical when it comes to their money."

That is why the initial contacts with a prospect are so important, as they can provide the foundation for a successful long-term relationship.

The Best Sources

Carina Diamond, CFP, ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!