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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
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Best habits of million-dollar FAs

Posted by RJ and Makay on Feb 23, 2011

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Best Habits of Million Dollar FAsIn a new blog on the financial website onwallstreet.com, writer Steve Sanduski describes 10 key activities of financial advisors who are million-dollar producers. The activities, pinpointed in a recent study by Peak Advisor Alliance, account for about 75% of the typical million-dollar producer's workweek. Here they are in descending order as they appear in Sanduski's blog:

10. Meeting with staff to make decisions, guide and motivate. You can’t do it alone and expect to have a growing million-dollar business. Top producers know the critical importance of having a sharp and motivated team.