Client Advisory Boards

The heart of the CLIENT DRIVEN PRACTICE process is engaging clients in directing a financial advisors strategic plan. And the cornerstone of involving clients strategically is the client advisory board.

A client advisory board is a representative group of your best clients. The kind of client you want more of. Bringing them together and soliciting their guidance on where they want your practice to go, and acting on that advice, is the most powerful way to deepen relationships, do more business, and receive more and better referrals.  We help you organize and conduct your advisory board using our professional 7-step process.

THE CLIENT DRIVEN PRACTICE is a leader in providingcoaching and consulting on organizing and facilitating client advisory boards for financial advisors, and translating that feedback into actionable referral marketing strategies.  Read our President's latest articles on client advisory board in the Journal of Financial Planning and The Practicing CPA.

We provide services in designing, assembling, and facilitating client advisory boards in conjunction with CABHQ, a leading name in client advisory boards. They have conducted hundreds of advisory board meetings, and have a special focus on financial advisor firms.

Bruce Peters, CEO of CABHQ, described the power of advisory boards in Financial Advisor magazine:

“CABHQ aims to elevate CABs to a strategic-level tool. While advisors who create CABs might be inclined to aim the effort toward getting referrals, the return on your CAB investment can actually be much greater than a handful of referrals. A CAB can help you redirect your marketing campaign and even reinvent your business.”

Read the whole article here.

Contact us to find out more about what a client advisory board can do for you, and how we can help you engage your best clients, deepen your relationships, and generate more referrals.