Who is on your team?

When I meet a new client, I like to ask who her advisors are – accountant, insurance agent and financial advisor. Why? Because that’s who makes up that client’s team. Teams can work wonders for clients, which reminds me of a song from a show my girls watched a long time ago:

Here are some reasons I like teamwork:

  • Advisors know a lot about their clients. Sometimes clients don’t share enough information for me to give good advice.
  • Advisors are trained differently. That results in different ideas and/or perspectives that get better and more customized solutions for our clients.
  • We can learn from each other, which benefits current and future clients. I surely do not know everything, so I am happy to learn something new from others!
  • Planning will be coordinated. What good is a Trust that is intended to hold life insurance if the insurance beneficiary form is not updated?

By the way, you are welcome for the song – I hope that you are signing it all day!  🙂