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Keyword: Building a niche practice

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hand drawing creative business strategy with light bulb as concept

CEO of The Big Idea Company shares tips on client engagement

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Financial planners and financial advisors who embrace a cultural diversity strategy will realize growth in their practices

Businesswoman Calculating Expenses on Printed Receipts

Catering to all clients may seem like a good path to growth, but carving out a specialization can be a more effective approach

  • By: Leah Golob
  • January 29, 2018 November 9, 2019
  • 11:35
Become a specialist in a niche

Five tips for developing a specialist practice

Become a specialist in a niche

Working with a narrow market helps position you as an expert

Is your communication program up to snuff?

Focusing on a narrow niche makes you stand out

Become an expert in your chosen area

Choosing an area of specialization should be a long-term commitment

Look for clients who share your personal interests

  • By: Leah Golob
  • October 7, 2015 November 16, 2019
  • 12:40

Developing a niche means saying no to some clients and becoming the go-to financial advisor for a specific group. Advisors who specialize say the rewards - both financial and emotional - are worth it