Your HNW clients rely on you for holistic guidance. And the work you’ve been doing together prepares them to weather volatile times like these and stay focused on their long-term goals.
The markets are especially difficult right now and that makes it easy to focus narrowly on things like intraday movements and individual securities – and forget the humans behind the volatility. Remember to step back periodically so you can see the big picture, because certain things remain constant regardless of what’s happening in the market—and each of these are opportunities to connect with your clients.
- The Wealth Transfer is Still Underway
• Whether your clients will be passing assets to their heirs and beneficiaries or receiving assets, preparation is required.
• Moments of volatility can be a good time to update financial plans, wills and estate plans to ensure they reflect your client’s current priorities, along with their key tax management and