Should Attorneys and Financial Advisors Form Strategic Partnerships?
March 17, 2022 | By Elite Resource Team
Financial Advisors
Do attorneys make good strategic partners for financial advisors and insurance agents? That’s a great question…and the answer is…well yes and no.
Like most things in life, “For every gimme there’s a gotcha.”
In this video, Anton Anderson reviews the pros and cons of forming strategic partnerships with attorneys, which includes:
Pros:
- Viewed as a trusted professional
- Estate, business, and tax attorneys do related work
- Open to adding value to clients
- Open to being compensated
Cons:
- Relationships are more transactional
- Don’t have same type of consistent communication as CPA
- Typically aren’t clients, “Go To Professional”
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