For developing advisors in this highly independent space, are firms and mentors stepping up?
Guiding newer hires requires time and patience, and veteran advisors can’t always lead that effort
Finding support in the financial services industry is harder than it should be, new advisors say
Alim Dhanji worked with a mentor for 12 years before branching out on his own. Now, he runs a successful financial planning practice with a unique client niche: Physiotherapists
Working with a senior advisor can help rookies overcome the challenges of launching a new business
Older advisors can connect with young mentors to learn about communicating with millennial clients
Developing a process that will underpin the relationship between mentor and mentee can help the partnership flourish
A well-suited mentor is not necessarily someone who is more experienced than you, and he or she may even be in a different industry
Mentoring has many benefits for both junior advisors establishing their careers and senior advisors striving to keep up with changes in the industry
You can learn as well as teach in a good mentoring relationship