Are you a CPA looking to elevate your practice or perhaps seeking to transition into the field of personal financial planning? This October, we’re thrilled to offer an exclusive course designed just for you: Building a Fee-for-Service Personal Financial Planning Practice. Whether you’re a seasoned personal financial planner or a newcomer, this course is tailored to help you construct a robust, client-centric practice that thrives on transparency and value.
Why Fee-for-Service?
In a financial world dominated by commissions and product sales, the fee-for-service model is gaining traction for its transparency and client-focused approach. Here’s why this model could be the game-changer your practice needs:
- Transparency and Trust: Clients know exactly what they’re paying for, which fosters trust and long-term relationships.
- Alignment of Interests: You’re compensated for the time and expertise you provide, not for selling specific products, ensuring your advice is always in the client’s best interest.
- Sustainable Revenue Model: Fees are predictable and can lead to a more stable revenue stream, enabling better planning and growth for your practice.
What You’ll Learn
Our course is meticulously designed to cover every aspect of establishing and growing a fee-for-service financial planning practice. Here’s a glimpse into what you can expect:
1. Understanding the Fee-for-Service Model
- Principles and Benefits: Dive deep into why this model is beneficial for both CPAs and clients.
- Comparative Analysis: Learn how it stacks up against commission-based and other compensation structures.
2. Building Your Business Foundation
- Business Planning: Develop a solid business plan tailored to your goals and target market.
- Legal and Compliance Issues: Navigate the regulatory landscape to ensure your practice is compliant from day one.
3. Client Acquisition and Retention
- Marketing Strategies: Discover effective marketing techniques to attract clients who value transparency.
- Client Communication: Master the art of building strong relationships through clear, consistent, and value-driven communication.
4. Service Models and Pricing Strategies
- Designing Your Service Offerings: Create a range of services that meet diverse client needs.
- Pricing Your Services: Learn how to set fees that reflect your expertise and the value you deliver.
5. Operational Excellence
- Technology and Tools: Explore the latest tools that can enhance your efficiency and client experience.
- Practice Management: Implement best practices for managing your day-to-day operations seamlessly.
- Documented Workflow System: Attendees provided with links to 250 pages of Standard Operating Procedures for a fee-for-service personal financial planning practice
6. Growth and Scaling
- Strategic Growth: Identify opportunities for expanding your practice and reaching more clients.
- Scaling Your Operations: Learn how to scale your practice sustainably while maintaining quality service.
Course Details
Dates: January 8-10 and January 15-17
Location: Online (with live sessions and interactive workshops)
Time: Noon-4 PM EST
Instructor: Susan and Tom Tillery, seasoned personal financial planners with extensive experience in fee-for-service practices.
Registration: Limited spots available! Secure your place by visiting: Building a Fee-for-Service Personal Financial Planning Practice – FPAdvocate
Who Should Attend?
- CPA financial planners: CPAs looking to transition to or refine their fee-for-service model.
- CPA Professionals: CPAs entering the financial planning field and seeking a structured approach.
- CPA Firm Owners: Firms wanting to enhance their existing practices with a transparent and client-focused model.
Why Attend?
This course is more than just a learning opportunity; it’s a chance to transform your practice and impact your clients positively. By adopting the fee-for-service model, you’re committing to a practice that prioritizes client needs and fosters long-term relationships built on trust and value.
Don’t miss out on this chance to redefine your financial planning career. Register today and take the first step toward building a successful, client-centric fee-for-service practice!
For more details and to register, visit Building a Fee-for-Service Personal Financial Planning Practice – FPAdvocate We look forward to seeing you in January!
