Market volatility can be scary for clients. A turbulent market can make it difficult for even the most seasoned investors to stay calm and not worry about the future of their portfolio returns. Since helping clients cope with market volatility is a vital part of financial services, how can advisors provide clients with peace of mind to make rational investment decisions and stay the course of their plan?
In this episode, DPL Consultant Scott Spurlock joins Willie Jones for a new segment of Advisor Revelations. Having the expertise and passion for helping firms grow while delivering the best outcome for clients, Scott and Willie talk about how to evaluate new solutions, address current challenges, and develop growth strategies in financial services. They also speak about the risk factors that can creep into a client's portfolio and how clients can have peace of mind, especially in uncertain and volatile markets.
Key Takeaways
• [01:38] - Why letting money sit in banks isn't a good idea.
• [02:55] - How investors are looking for better ways to allocate assets.
• [06:06] - Advisors' perspective on building fixed index annuities into clients' plans.
• [09:36] - How clients and advisors can overcome their fear of future portfolio returns.
• [11:21] - How to help clients cope with market volatility.
