top of page

11 Steps to Successful Time Management for Solo Practitioners

One of the most challenging issues for a solo practitioner of a wealth management firm is managing the numerous tasks that must be completed on a regular basis. In a small company, the responsibility for defining, delegating and completing each task rests squarely on the shoulders of one or two individuals. Given the limited number of hours in the workday and the number of tasks that must be addressed, effective time management becomes extremely important. In this post, we’ll look at some of the inherent challenges faced by small firms and discuss a framework by which you may be able to manage this process.

In a small, independent wealth management firm with one practitioner and an assistant, there are a number of items which demand attention. For example, you must manage client accounts; prepare and update financial plans; respond to client service requests; process the paperwork for new accounts, transfers, etc. You must also maintain your website; create and manage the marketing plan for your company; conduct investment due diligence; maintain the company’s books; research and learn how to best utilize the software to which your company has subscribed; stay abreast of the U.S. and global economy and a host of other tasks.

 
 
 

Comments


Purposeful Financial and Legacy Planning

Fee-Only Financial Planning

(970) 443-1873

3400 Rosestone Ct, Fort Collins, CO 80525

  • Facebook
  • Twitter
  • LinkedIn

©2020 by Purposeful Financial and Legacy Planning

DISCLAIMER: This website is for informational purposes only and does not constitute a complete description of our investment services or performance. This website is in no way a solicitation or offer to sell securities or investment advisory services except, where applicable, in states where we are registered or where an exemption or exclusion from such registration exists. Information throughout this site, whether stock quotes, charts, articles, or any other statement or statements regarding market or other financial information, is obtained from sources which we, and our suppliers believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance. THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED ON THIS OR ANY 'LINKED' WEBSITE.

All domestic and international rights reserved. No part of this website, including text, graphics, et al., may be reproduced or copied in any format, electronic, print, et al., without written consent.

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CERTIFIED FINANCIAL PLANNER in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

bottom of page