Advice Process Models
At RP Consulting we have used our extensive experience (with professional advisers) to produce our own Advice Process Models. These simplify and aid the process of providing sound retirement advice.
In this section we present these models and some produced by others.
The ‘5 stage advice process’ model is the result of many hours spent with advisers doing the job of advising clients on a day to day basis. So this model may well already be familiar to you. However there are some secrets behind it, have a look at our,
‘Creating a Successful Retirement Practice’ programme to find out more.
The 12 Critical Factors© is the unique tool designed by The Retirement Partnership Ltd, to help both the professional adviser and their client understand the client situation and begin the process of selecting the most appropriate client solution. The tool has been adopted by many advisers and provides common structure and process to an advisory firm.
In addition to our own models, we have found that there are various other management models that can be applied to the professional adviser’s business. Many of these models are simple – some more sophisticated.
