Merriam-Webster recently announced its Word of the Year for 2023: authentic. The word had a staggering amount of look-ups, driven by the growing popularity and integrations of trends like AI, celebrity culture, gender and identity discussions, and the ubiquitous social media.
According to Merriam-Webster, “Authentic has a number of meanings, including "not false or imitation," a synonym of real and actual; and also “true to one’s own personality, spirit, or character.” It’s difficult to find something that feels real these days, doesn’t it?
We live in a world that provides easy—even instant—access to many apps and sites that promise authenticity. (Just ask a teenager in your life; they’re likely on BeReal or a similar app that encourages real-time, unfiltered photo sharing.) Photo and sound editing are just the start of it, though. Fake videos and news stories are spreading, academics can easily plagiarize, and reality TV is anything but. So, how can financial advisors pursue authenticity despite this?
Take a look at your value proposition, branding, website, and social media content. Does it really reflect you? If you go to work in a golf shirt and khakis most days, that should be the photo you use on your website. If you just became a grandparent, brag about it on social media. If you’re passionate about a specific cause or charity, tell clients the reasons why you got involved.
Embrace authenticity
It’s important to always be yourself and embrace what makes you unique. That’s what people are hungry for and actively looking for. Too many advisors hide behind templated language and jargon, making it harder for people to choose them. Some people may not want what you offer, and that’s okay. There are more people out there who will want to work with you, and they’ll be more eager to reach out if you’re presenting your true, authentic self.
The key takeaway is that people are constantly searching for authenticity. So, let people get to know you on a personal level, and you might be shocked at how strong the response is. For real!
RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.
Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.
The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, UBS, and BNY, will fuel additional growth on multiple fronts.
Some investors recently have seen million dollar plus decisions by FINRA arbitration panels involving complex products decisions go their way.
New report shines a light on how Americans view wealth today.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.