Why Clients Are Talking About Crypto More Than Stocks | Wealth Management Insights

Описание: Takeaways

Don't bring up gold, silver or crypto unless clients do.
Focus on getting sentiment up by discussing goals.
Volatility is an advisor's worst enemy.
Clients are more likely to bring up crypto than US equities.
Market volatility opens doors for advisors to discuss value.
The fear of recession will likely spike with market volatility.
Advisor conversations can be a leading indicator of market trends.
Avoid proposing new investments until client sentiment improves.
The best advisors spend 40% of meetings on goals and planning.
Client sentiment is currently lower than in previous years.


Chapters

00:00 Olympics and Personal Interests
03:32 WealthCon and Industry Events
06:39 Upcoming Speaking Engagements
07:41 Market Trends and Pop Quiz
09:30 Bitcoin's Role in Investment Portfolios
12:39 Volatility and Client Relationships
15:42 Crypto Market Insights
17:44 Market Dynamics and Conspiracy Theories
19:17 The Role of Social Media in Financial News
20:30 Client Conversations: Gold, Silver, and Crypto
23:20 Client Initiation in Asset Discussions
25:55 Impact of Advisor Conversations on Client Sentiment
29:10 Market Volatility and Client Fears
32:31 Divergence of Market Sentiment
36:15 Predictive Indicators in Market Conversations
41:50 Strategies for Advisors in Low Sentiment Markets

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Eric Ludwig:   / ericludwigcfp  
Liam Hanlon:   / liam-hanlon-52aa60119  
Stockbridge Private Wealth Management: https://stockbridgewealth.com/
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