Introduce the training
How the training is staged is key – look at what props, film clips, role plays you use
Look at the seating of everyone in the room – this will help the behavioural dynamics experience
Use Introductory Script as a framework
Note also – the Additional Facilitation Questions – these can help provide interaction for the training
Also point out that the way the materials work are:
Advisor Manual - follows the training from Slide 16 – understanding the Fin DNA process – this is a takeaway to use DNA afterwards
Training Exercises
Training Slides can be emailed afterwards
Who has experienced this before? Who has said one thing to a client then know the client has heard something else? What about when there is both a husband and wife with you – they will hear what is said by the advisor differently – we all communicate and interpret information through our own filters. The key is to remember that You and Your client are hard-wired differently!!
Expectation Gaps are a huge issue for advisors and your ability to close them goes to the heart of your success as advisors – most expectation gaps are behavioral driven
The key in facilitating the couple is to treat them as separate during the discussions – communicate with them each as unique individuals. Regardless, of the behavioral style I will want to understand what the women wants out of the financial planning process. One needs to remember that women make on average 70% of the financial decisions (and they live longer) – so it is logical to facilitate to them – but leave the man feeling respected. Then at the end you can bring them together in terms of the financial solution
Factor Relationships. Each of the right side traits on the graph (Directing, Engaging, Harmonious, and Methodical) shares certain characteristics with those traits that are adjacent to them on the circle. The left side traits are in small text and, as shown, have a statistical relationship to certain right side traits. Thus, Directing people typically will score in the Objective range and Engaging in the Spontaneous range, etc. Be sure you understand the notes under this graphs.
The Engaging-Methodical (Stylish Innovator) and the Harmonious-Directing (Administrator) are exceptions and rarely occur together.
As you move left or right from the mean score of 50, the left and right side traits grow more intense. For example, as the Directing score moves right, the associated behavior goes from Assertive to Decisive, and can be Controlling at the extreme. Likewise, as you move left in Factor 1 the associated behaviors intensify from Pliable to Conforming to Passive at the extreme.
Voorbeeld geven William en Miranda en oplossing;
Voorbeeld 2x volgzaamheid – besluiteloosheid; beschadigd door Dexia; verergert de situatie; eerst vertrouwen winnen dan goed plan neerleggen.
Aan het einde van de sheet: en als er dan een klik is...
Notes:
The ADVISOR CLIENT MATCH
This matrix is used to show you which clients you would be most compatible with – that is more likely to gravitate towards. Which clients will you be better suited to based on your profile?
Are Chris and Helen compatible? As you can see from this graph if you look at the intersection of a Strategic Thinker advisor and a Networker Client you will see they are not. They have a red box meaning there will need to be more behavioural modification.
The key is you can work with any client but for some you will need to adapt more, particularly those with whom you have a red box
Where are your top 20 clients? What is your compatibility with them.
Or with you are truly being a Wealth Mentor, you should prepare yourself to refer a client to a competitor – a challenge but may be the best for all.