You have planned for growth and you are succeeding. Congratulations! One of the challenges growing advice businesses face is the impact that poor utilization of advice tools has on growth. A lack of focus on this could slow or even derail further success.
The whole idea behind advice tools is to provide structure to the advice process so it can be simpler to follow, compliant & cost effective.
However… can poorly implemented software place a glass ceiling on this effectiveness?
The success and profit you see in the front office could be walking out the back door in additional staff, poor support processes, manual workarounds and frustrated clients.
Regardless which financial planning software you use, the key to success is to think about the scalability of what you are doing and how you are using your software. Recognize your strengths and weaknesses, skill up in areas you think add value then recruit or outsource the rest.
