Financial Advisors — Build Your Business
While financial advisors can build a strong practice by advising their clients on stocks, bonds, funds, annuities and the like, the hard reality is that many individual investors don’t consider one of their largest assets to be part of their “financial” portfolios – real estate.
If financial advisors can help their clients reposition an illiquid real estate asset into the pool of assets that they manage, the payoff can be significant for both the client in terms of tax-deferral, current income and estate planning, as well as for the financial advisor.
Since real estate is often one of a client’s most significant holdings, a charitable giving solution can represent a substantial transaction and a nice boost to assets under management for financial advisors.