Calling all fellow financial advisers! Have you ever come across a client who is unreasonable, demanding, treat you like a doormat and expect you to work like a slave? Clients are not always right and it is our job to source only for the right clients. Whether you are in the property, investment or insurance business, there are 10 types of retail clients which I have learnt to avoid over the years.
1. Clients who do not want your help
As products such as investments, loans and insurance become more complex, and as time becomes more of a scarcity in today’s society, having a trusted financial adviser can effectively save one hundreds of hours of time. People need expertise help when committing financially to something that can last decades (E.g. mortgage loan or life insurance), however many people do not want help. I do not attempt to ...
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