Why do advisory teams join the Cultivating Advice Program?

They wish to accelerate their careers, returns and confidence working with a community of advisory team who believe the most successful firms of the future will be those that:

Create, price and deliver a client proposition based upon the value their advisory clients seek each year and separates dvice from product;

• Master and deliver a consistent client engagement and re-engagement methodology;
• Master the pricing of their advisory services based upon transparent retainer agreements every year for every advisory client;
• Master the growth of their advisory teams with reducing dependency on key team members;
• Offer comprehensive advisory services without conflict to any financial products;
• Transition existing advisory clients from existing hourly billing and trail fees payment methods to retainer pricing;
• Utilise technology and out-sourcing services to focus their client teams on most valuable tasks;
• Continually develop the firm's client engagement, pricing and management expertise using relevant advisory benchmarks among a like-minded community of advisory teams;
• Adheres to new required standards of professional advance.
• Attend weekly community insights reviews via hookup sharing insights, experiences, learnings from among the group;
• Attend monthly Cultivating Advice Discovery training webinars;

What's involved? Cultivating Advice is an Implementation Program rather than a traditional coaching program so participants will:

• Be expected to share examples of their implementation with advisory clients to receive one-on-one critique/fedback and coaching to fast-track their growth in skills, pricing ability and delivery of client value;
• Receive a set of drafted and priced client engagement documents (non-product) (note: numbers of engagement documents drafted depend upon subscription levels for each participating advisory firm);
• Adheres to new required standards of professional advance.
• Attend weekly community insights reviews via hookup sharing insights, experiences, learnings from among the group;
• Attend monthly Cultivating Advice Discovery training webinars;
• Be provided with two seats at each quarterly Cultivating Advice Program every quarter in Sydney; Be provided with online access to all implementation materials, scripts, agendas, templates for their implementation;
• Be provided with ad hoc implementation support (note: levels of ad hoc support differ dependin upon sub scription levels for each participating advisory firm);
• Be expected to share and compare their progress against the group's implementation benchmarks;
• Sign confidentiality agreements to protect their client's best interests obligations and limit usage of Cultivatin Advice materials.