Wealth Mentoring
What is Wealth Mentoring?
93.6% of managing wealth is behavioral management, and only 6.4% is due to actual investments themselves, that’s where Wealth Mentoring comes in. Unmanaged emotions destroy the wealth of individuals, couples, and families.
A Wealth Mentor is a skilled behavioral coach trained in the process of facilitating and behaviorally coaching clients to help them achieve greater self-empowerment. The ultimate goal is to help clients unlock their human potential, manage their emotions, and live with meaning.
Wealth Mentors liberate and guide people with a unique blend of financial personality insights and extensive financial knowledge so they do not make emotional decisions under pressure which sabotage their relationships, long-term horizon goals, and performance.
There are two ways that Financial DNA assists advisors with Wealth Mentoring clients:
- Financial DNA hosts classroom training for financial advisors to help them become Certified Wealth Mentors.
- Through the DNA Coach Network, advisors can access Certified Wealth Mentors to facilitate powerful client facilitation. This can be managed either virtually or in-person and delivered to individual clients, couples, or families.
Schedule a Free Consultation:
Meet with one of our experts to identify your wealth mentoring needs or discuss how we can work with your business, schedule a 15-minute call with us.
Financial DNA helps advisors achieve deeper and custom services to manage their client’s emotions. This is done through a range of powerful, and practice technology applications.
Learn how to deliver these experiences or connect with a skilled Wealth Mentor to deliver these experiences for your clients:
- Wealth Mentor clients using practical financial personality insights and powerful questions.
- Place the client’s life at the center of a goals-based financial planning process.
- Identify and mitigate behavioral biases impacting both advisor and client decisions.
- Add 150 bps points of client value by behaviorally managing client emotions.
- Charge retainer-based fees and grow revenue by over 23% per year from increased referrals, retention, and share of wallet.
“Wealth Mentoring” is a relational process that involves guiding others with wisdom to self-discover who they are and their priorities for living a meaningful Quality Life through a mutual sharing of their life journey.
Start a Financial DNA Trial
Wealth Mentors are trained to provide a behavioral discovery journey with their clients. Take the first step and discover your Financial DNA.
Become a Certified Wealth Mentor: