Welcome to the community! Chances are you may have some questions, feel free to reach out to me or comment on this post and I will answer any questions you have.

As some of you may know, we have a premium platform called the Exchange. The Exchange just crossed 600 advisor members last week. We have multiple courses from some of the industries best coaching firms covering everything from marketing, prospecting, efficiency, technology, and increasing your client base and profitability. In addition, all of the coaches are at your fingertips doing virtual coaching daily to help our members grow. The community of advisors is incredibly active helping one another in their businesses and raving about the platform. We decided to offer something special this week that is available to all of you in this community. You are able to access everything in the Exchange for free for a 7 day trial. You can binge all the content, read through the community interactions or post your own challenges to get support, and participate in getting coaching at no cost during this trial. If you think it's not for you, you click the cancel button and will not be charged anything. In addition, we are offering all members to invite another guest at no cost so you can buy one membership if you chose to stay ($99/mo after free trial) and anyone you chose can have a membership with you for free. I strongly encourage you to check it out at skool.com/exchange You will not be disappointed. I coach people through referral situations daily and I hope to see you in there to help you implement my stuff, and all of the great coaches in there will do the same! Go to skool.com/exchange and check it out.

What did you find most valuable as you went through the referral training system course? What area of coaching would you like more of? ‼️ Let us know in the comments ‼️

When I was first on Kitces podcast, I didn't understand the reach he had with his podcast and message. On a recent trip to Asia, Australia, and New Zealand I was able to deliver 11 talks to thousands of advisors on client and COI engagement throughout Singapore, Sydney, Queentown, Auckland, and South and North NZ. While the cultures around advice and biz development are slightly different, one thing was consistent.......Kitces. At some point in each of the talks, someone approached me to tell them they were familiar with my work through the Kitces podcast. He's a great interviewer and one of the rare ones who contributes to the conversation as much as he asks questions. If you haven't listened to the first one I did when first introduced to Michael, it may be a good listen. https://www.kitces.com/blog/dan-allison-referral-gap-feedback-marketing-group-brokers-clearing-house/

There are three touch points that I have always focused on in a prospect/client journey that present unique opportunities to establish how referrals flow within your relationships: ✔️ When you first meet the prospect- while I wouldn't suggest asking a prospect for referrals, meeting with a new prospect who was referred to you presents a opportunity to positively reinforce the referral behavior using the strategy in this video. When behavior is reinforced, the likelihood of it happening in the future increases. ✔️When you onboard the prospect as a new client- most advisors want to "wait" awhile in the relationships before they've delivered enough value to "deserve referrals". Again, I don't ask new clients for referrals, but I do have a conversation to understand how they feel about referring in the future (video to come soon). ✔️When a client has been with your firm for 12-18 months- once they've been a client for this period of time, I begin to implement the "Interactive Client Survey" process. This process covered in the classroom allows me to: 1️⃣ Gather feedback from client to ensure they are having an experience that is valuable enough that the client would take a risk and refer. 2️⃣ Educate and update the client on all of the services that are currently available to them and those they care about. 3️⃣ Let the client know if you have capacity to take on new clients, how many clients you have capacity for, and update them on your ideal client profile or clients "you help best." 4️⃣ Re-educate clients about the importance of introducing anyone who needs help vs. giving out your contact information. 5️⃣ Talk about any current referrals once I know it's comfortable for the client to discuss. This video covers step 1, reinforcing the behavior of referring.