5 Traits of the Most Successful Financial Advisors

Maggie Crowley
Maggie Crowley • Posted on Mar 23, 2016

5 Traits of the Most Successful Financial Advisors

Professionals in the financial industry often have a lot in common: more often than not, we're morning people.  Generally we are number-crunchers. We all seem to really, really like coffee (who doesn't?). While these little factoids may be a bit on the frivolous side, it's only human to look for similarities among one another. Successful financial advisors share undoubtedly share many traits.

I have a book recommendation for my readers. A great book entitled, Outliers: The Story of Success, by Malcolm Gladwell. It examines factors that contribute to high levels of success. Gladwell attributes factors like birth order and month, opportunities and legacy. I seriously suggest checking out this book if you are interested in human nature and a fascinating take on the formula for success. This book is also well known as the '10 thousand hours' book.

So what about the successful financial advisor? Inspired by Gladwell's fascinating insight, we got to thinking about what makes successful financial advisors. What traits do they share and what makes them different?

While there are many factors, we chose a few points we found most interesting. Let's take a look at a few of these common denominators that have been identified.

Infographic 5 traits of successful financial advisors

 Financial Advisors Trustworthy Family

1. Trustworthy

It's no secret that the client-advisor relationship is based on a foundation of trust. Successful financial advisors seem to do an incredibly good job of not only building a top-notch image of trust, but actually being exceptionally trustworthy. They stick to their word and always keep promises. Many advisors seem to been naturally charismatic people, but following through and doing what you said you would is the important part here.


Financial Advisors Learning

2. Always looking for new learning opportunities

Whether it's a free training seminar on prospecting or an interesting newspaper article, successful financial advisors are constantly looking for opportunities to learn more about the industry and how to conquer it. They seek out resources to learn and grow and are always searching for ways to implement new ideas in their practice.


Financial Advisors Career Goals Networking

3. High Standards

Top performing advisors set unrealistic goals. And meet them.  They make a habit of setting standards really high and somehow, against all odds, find a way to meet these goals. Advisors who think about their goals in terms of opportunities rather than challenges are better at thinking outside of the box.

This trait doesn't just apply on the job - the most successful advisors set high standards in all areas of life. They are star athletes, students and performers because they always expect the best out of themselves.


Financial Advisors Action

4. Action-oriented

It's not enough to simply have great ideas - the most successful advisors know that it's all about putting good ideas to work. Successful financial advisors are always ready to take action and get the ball rolling. They want to set deadlines and get working on making great ideas turn into successful ideas.


 Financial Advisors Listen Clients

5. Excellent Listeners

Why is being a great listener an important characteristic of  successful financial advisors? Their clients will tell you, without hesitation, that "They just get it." This trait is based solely on the fact that top advisors do a better job of understanding clients wants, needs, fears, pain points and motivations. Successful advisors are able to focus on clients in meetings and tune everything else out. They are successful because they understand their clients.  They understand their clients because they are excellent listeners.


Advisor Websites looks forward to providing you with more services that can help your website thrive and continue to connect with your clients. Be sure to book a demo with one of our advisors today to learn more about how to build your website with us!



About Advisor Websites

Founded in 2012, Advisor Websites specializes in helping financial advisors stand out and grow their business online with conversion-friendly, personalized websites and targeted digital marketing solutions, all which follow FINRA and SEC guidelines.

Disclaimer: The content of this article is for informational purposes only. If you are planning to implement a new marketing practice and are unsure what the regulations are, always contact your compliance department first.

Recommended Articles