Some client behaviors foretell that a relationship is not going well. Even though it’s not easy to fire a client (and let go of that revenue), if a client is doing one of these nine things, the adviser should seriously consider showing them the door, according to experienced financial advisers.
Heather Ettinger, founder of Luma Wealth, Hannah Buschbom, partner at Ameriflex Financial Services, and Kathleen McQuiggan, wealth adviser at Artemis Financial Advisors, said these behaviors signal it’s time to cut a client loose. The trio spoke with InvestmentNews at its Women Adviser Summit in Denver Thursday.
Here are 10 additional signs you should fire clients offered by practice management experts.