Three ways Vanguard strategic model portfolios can help your practice
March 13, 2023
March 13, 2023
With the challenges of today's economic and market environments, you're spending a lot of time easing clients' concerns about their investments. It can be scary for clients and making time for conversations like these is important. However, it may leave less time for other priorities like relationship building and growing your business.
How can you address client concerns while still making time for other tasks? Vanguard strategic model portfolios can help you streamline your daily activities, overcome revenue challenges, and show clients your real value.
Models are meant to provide clients with Vanguard's asset allocation strategy, in diversified, low-cost portfolios.
In uncertain times, it's always best to look for someone or something you can count on. Vanguard model portfolios give you access to market-tested investments that benefit from the deep experience of our portfolio managers.
Vanguard model portfolios offer you and your clients:
Do you ever wish there were more hours in the day? By partnering with Vanguard to share some investment management responsibilities, you're able to maximize your time, allowing you to focus on deepening relationships with your clients.
Many clients say they value an advisor who understands their needs and can provide solutions that fit them. Using model portfolios can add hours to your day, just in streamlined due diligence and portfolio construction tasks that may be largely transparent to your clients. Use the time saved to become familiar with clients' changing financial situations and creating and reviewing their investment plans.
When markets are down, one way to maintain or increase revenue is asset gathering. The time savings gained by using models can help you to attract new clients or bring in additional assets from current clients.
Using model portfolios can enable you to lean into the consultation side of your value proposition. Spend the time saved by educating clients; meeting with their families; providing referrals to tax, legal, and other specialists; and more. Enhancing the service you provide to clients increases client satisfaction and may lead to the growth of your business through client referrals.
In volatile markets, models give you the time you need to help clients understand your value. Find out how model portfolios can benefit you and your clients.
Share a client-approved one-page Vanguard perspective on the recent bank failures and general unrest in the financial sector.
1 A bond whose credit quality is considered to be among the highest by independent bond-rating agencies.
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