Besides having to deal with the “life stressors” we all experience, such as marital/family challenges, the death of close relatives, chronic illnesses, raising teenagers, and the like, HR professionals are faced with a multitude of potential job stressors to which they must adapt. Many HR professionals find themselves overwhelmed by these stressors. Whether it’s your […]
Continue readingThere are all kinds of reasons that people go to meetings and conferences. Some go because it is a requirement. Some are attending to gain knowledge. Some want to “recharge their batteries” and attend conferences as a way of taking a break. Some are looking for networking opportunities and camaraderie with others who share their […]
Continue readingIt’s that time of year again. So many of us resolve to do this or that right after New Year’s celebrations. Why do we wait for the New Year? The answer is that somehow we magically believe that putting the old year and the unfortunate habits we maintained behind us, gives us a fresh outlook […]
Continue readingOne of the best ways financial professionals can re-focus their mindset away from pessimism and move toward optimism is by recognizing that missed opportunities, disappointing results (in their prospecting, for example), and losing clients are temporary setbacks, not indicative of failure or advisor weakness. Too often, advisors beat themselves up after such setbacks. The research on […]
Continue readingFinancial professionals face adversity in a variety of forms – difficult clients, market volatility, and a number of other stressors faced on a daily, weekly and yearly basis. The thing about adversity is that you can’t avoid it – but how you react to it is completely under your control. I consult with many advisors […]
Continue readingIn my last blog post, I brought up the topic of “toxic” clients in the financial advisor profession, with an overview of some of the toxic personalities that you should consider keeping out of your practice. Today I will continue on, discussing four additional toxic personalities to avoid. As I noted in the article, because […]
Continue readingMarket volatility is unsettling for most financial advisors. Dealing with up and down conditions is tough, but what makes it even worse is the emergence of “toxic clients” who begin calling frantically. These clients are “toxic” because they can have a poisonous effect on both the advisor’s mental and physical health. Advisors who consult with […]
Continue readingEvery year stress in the workplace costs employers billions of dollars from health insurance claims, absenteeism, and poor work quality – but did you know that workplace stress is as dangerous to your health as second hand smoke? A new review of 228 studies shows just how dangerous workplace stress is, making it more important […]
Continue readingMarket volatility is a major cause of stress for financial advisors, who have to deal with demanding clients, worry about how long market upheaval will last, and reconsider their core values in order to take advantage of current market conditions. Advisors under these pressures often seek me out, complaining about symptoms such as insomnia, irritability […]
Continue readingMost advisors believe that their stress is caused by the whole host of potential stressors inherent in their jobs, such as: Feeling pressure to build your book of business Maintaining your wealth management philosophies and strategies, while dealing with difficult and abusive clients whose lack of knowledge causes them to differ with you Working for […]
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