Financial Information
In what ways do you feel you can have the most positive impact on increasing gross revenue?
Question : In what ways do you feel you can have the most positive impact on increasing gross revenue?
This would be in regards to a financial planning firm. I assist a certified financial planner and he has asked me this question
certified financial planning
Best answer:
Answer by ~girlfriday~
Giving good customer service.
If you generate great returns to your clients — the financial planning firm benefits immensely.
First, the planning firm generally collect 1% of assets as fee so greater returns means more assets under management means more fee revenue.
Second — the great returns means you attract more customers. More customers means more assets under management means more fee revenue.
You get the picture. The secret or the correct answer is to do things to cause you to deserve more gross revenue.