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The Supernova Multiplier. 7 Strategies for Financial Advisors to Grow Their Practices. Edition No. 1

  • Book

  • 224 Pages
  • March 2019
  • John Wiley and Sons Ltd
  • ID: 5226149

Take your Supernova practice to even greater heights of performance and profitability

The Supernova Multiplier provides expert guidance to the revolutionary wealth management model that has transformed the lives and businesses of financial professionals worldwide. The innovative Supernova method enables financial advisors to rapidly grow their business, efficiently manage time, and maximize client satisfaction. The Five Stars of the Supernova model - Segmentation, Organization, Planning, Acquisition, and Leadership - provide financial advisors with the tools and knowledge to propel their practices to new heights of performance.

The acknowledged pioneer of the Supernova model, author Rob Knapp offers in-depth examination of every aspect of the Supernova model, from client experience to leadership development. This invaluable resource addresses significant issues facing disciples of the model, including areas of chronic underperformance, and delivers proven solutions that financial advisors can integrate into their practices. Detailed coverage of core elements, such as the Rule of Reciprocity, Gap Analysis and the Five Star Model, promotes critical analysis of advisor performance and builds the foundation for precise alignment to the essential Supernova principles.

This indispensable book empowers current and prospective Supernova practitioners to:

  • Build and optimize an efficient and profitable Supernova advisory practice
  • Structure your practice around high-value activities that increase revenue and grow your business
  • Maintain a predictable schedule of meaningful client contact
  • Develop and implement proactive planning strategies with your team and client base.

The Supernova model is not complex, but requires sustained and disciplined effort to achieve best results. The Supernova Multiplier: 7 Strategies for Financial Advisors to Grow Their Practices is the key to unlocking remarkable results and sustained achievement in advisory practices across the financial management industry that will differentiate you and your practice from the ordinary into the extraordinary.

Table of Contents

Foreword vii

Acknowledgments ix

Introduction xi

Chapter 1 Hitting the Wall: The Why Behind The Supernova Multiplier 1

Chapter 2 Organize and Operate: Raising Our Productivity by Maximizing Our Efficiency 15

Chapter 3 Giving More and Keeping Score 37

Chapter 4 90 Days 90 Prospects 57

Chapter 5 Using Centers of Influence to Grow Your Practice 65

Chapter 6 Niches 81

Chapter 7 Mastermind Groups 95

Chapter 8 Niche Mastermind Groups - A Radical Idea 109

Chapter 9 Giving to Give 121

Chapter 10 Leveraging Social Media 137

Chapter 11 Leveraging Debt to Your Client’s Advantage 149

Chapter 12 The Art of Asking for and Getting Introductions 159

Chapter 13 The Branch Manager’s Role as a Supernova Multiplier 179

Enthusiastically Endorsed Resources 191

Index 193

Authors

Robert D. Knapp