Do You Need Private Coaching as a Financial Advisor? Take Our Quiz to Find Out

If you’re a financial advisor, chances are you’ve thought about getting private coaching at some point in your career. After all, what successful professional doesn’t want to continuously improve their craft and better serve their clients?

And while there’s no doubt that private coaching can be an invaluable investment, the question remains: is it right for you?

To help you answer that question, we’ve put together a short quiz. Simply ask yourself the following questions and based on your answers, you’ll be able to tell if private coaching is something you should seriously consider.

1. Do You Have a Specific Goal or Objective You’re Working Towards?

Having a clear and specific goal is important for any financial advisor who wants to improve their business. Without a goal, it is difficult to measure the success of coaching experiences. Advisors may want to increase assets under management, attract more high-net-worth clients, or simply become better advisors. Whatever the goal may be, it must be clear and concise before beginning the coaching process. This allows for appropriate planning and execution by both the coach and advisor to best help the advisor achieve their goal. Without a specific goal, coaches and advisees may work towards different objectives or expectations, which can lead to frustration or disappointment on either side. By having a clear goal from the start, both parties can work together towards a common purpose and create a successful coaching experience.


2. Do You Have a Plan for Achieving Your Goal?

A lot of people never achieve their goals because they don’t have a plan for achieving them. They know what they want, but they don’t know what specific steps they need to take to get there. So, if you’re serious about reaching your goal, it’s important to develop a concrete plan.

Your plan doesn’t need to be perfect, but it should include some specific steps that you need to take to reach your goal. For example, if your goal is to get a job in a new field, your plan might include steps like researching companies that are hiring, networking with people in your chosen field, and updating your resume.

Creating a plan is the first step toward achieving any goal. Without a plan, it will be very difficult to make progress. But with a plan, you can start taking action and moving closer to your goal.

3. Are You Willing to Make a Serious Investment in Yourself?

Private coaching is not a cheap investment. In most cases, it will cost you several thousand dollars to work with a coach for just a few months.

And while there’s no doubt that private coaching can be expensive, the question is: are you willing to invest in yourself?

Think about it this way: if you’re not willing to invest in your development, why would anyone else? Your clients are investing their hard-earned money with you because they believe in your ability to help them reach their financial goals.

If you’re not willing to invest in your development, why would they believe that you’re the right person for the job?

4. Do You Have the Time to Commit to Private Coaching?

Before you sign up for private coaching, it’s important to make sure that you’re prepared to commit the time and energy necessary to make it successful. Private coaching is not a quick fix; it’s a long-term commitment that requires regular communication and dedication from both coach and client. If you’re not willing to commit to the time and effort required, private coaching may not be the right fit for you. But if you’re prepared to invest, private coaching can be an incredibly valuable tool for reaching your goals.

5. Do You Have an Open Mind?

Private coaching is not for everyone. If you’re the type of person who is resistant to change or set in your ways, private coaching may not be right for you.

Your coach will challenge you to think differently, push you outside of your comfort zone, and help you develop new and better habits. If you’re not open to change, private coaching may not be right for you.

These are just a few of the questions you should ask yourself before deciding if private coaching is right for you. If you’re serious about reaching your financial goals, private coaching can be an invaluable investment.

But it’s not for everyone. Make sure you take the time to ask yourself these important questions before making a decision.

Are You a Financial Advisor Looking for Private Coaching?

Since 1994 Susan Danzig has been working with financial services professionals to understand, appreciate and clarify their true value, define their specialization, and create effective marketing strategies. As a result, she has guided her clients in welcoming greater income and ongoing success. As your coach, Susan can help you gain perspective and see your business in a fresh context. As a Financial Services Professional, you know the necessity of marketing your own business quickly and strategically, staying focused on your goals and constantly evolving. Susan will help you keep your high standards throughout the coaching process while maintaining a highly confidential environment. Want to learn how Susan can help you? Reach out to her now or sign up for her monthly newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

FAST Track Your Business

Discover the 7 steps to attract your ideal clients and grow your book of business.