Client Ongoing Planning & Service Workflow
Scope: To outline best practices in servicing client engagement, following the first financial plan presentation and initial foundation implementation.
Define discreet steps to include time taken to complete each step, in order to have a definable and repeatable sales process for all advisors inside of Financial Planning Mastery Division, with a focus on servicing client accounts/policies, ongoing client engagement, and annual reviews.
What’s included on this page:
A Clients
B Clients
C Clients
Client Profile
Client Service Model
Client Service Model Calendar
RESOURCES:
Birthday gift: Hallmark Chocolate Gift Set
Life Event Gift Guides:
Timeline – A Clients
-
Preparing for Review:
Set Calendly reminders one week, day, and hour before.
Verify accounts and policies linked to A360
Outreach to client’s trusted advisors
Set clear expectations on next steps
-
Meeting (60-90 min)
Follow Discovery principals
Set clear expectations on next steps
Schedule next appointment in alignment with client category
Post-Annual Review
Submit to Design Center and schedule collab as needed
Update A360 Household
Create new Opportunity pipelines if necessary
-
Post-meeting, ensure the plan is delivered and the CRIA contact is completed.
-
Meeting (30 min)
Pick a topic from Library to drive conversation
Set clear expectations on next steps
Schedule next appointment in alignment with client category
Update A360 Household
Create new opportunity pipelines if necessary
-
Book meeting (45 min–1hr)
Action item review
Set clear expectations on next steps
Schedule next appointment in alignment with client category
Life update and investment performance
Update A360 Household
Create new opportunity pipelines if necessary
-
Meeting (30 min)
Pick a topic from Library to drive conversation
Set clear expectations on next steps
Schedule next appointment in alignment with client category
Update A360 Household
Create new opportunity pipelines if necessary
Timeline – B Clients
-
Preparing for Review:
Set Calendly reminders one week, day, and hour before.
Verify accounts and policies linked to A360
Outreach to client’s trusted advisors
Set clear expectations on next steps
Submit to Design Center and schedule collab as needed
Update A360 Household
Create new Opportunity pipelines if necessary
-
Meeting (60-90 min)
Follow Discovery principals
Set clear expectations on next steps
Schedule next appointment in alignment with client category
Post-Annual Review
Submit to Design Center and schedule collab as needed
Update A360 Household
Create new Opportunity pipelines if necessary
-
Post-meeting, ensure the plan is delivered and the CRIA contact is completed.
-
Book meeting (30 min)
Action item review
Set clear expectations on next steps
Schedule next appointment in alignment with client category
Life update and investment performance
Update A360 Household
Create new opportunity pipelines if necessary
-
Meeting (30 min)
Pick a topic from Library to drive conversation
Set clear expectations on next steps
Schedule next appointment in alignment with client category
Update A360 Household
Create new opportunity pipelines if necessary
Timeline – C Clients
-
Preparing for Review:
Set Calendly reminders one week, day, and hour before.
Verify accounts and policies linked to A360
Outreach to client’s trusted advisors
Set clear expectations on next steps
-
Meeting (60-90 min)
Follow Discovery principals
Set clear expectations on next steps
Schedule next appointment in alignment with client category
Post-Annual Review
Submit to Design Center and schedule collab as needed
Update A360 Household
Create new Opportunity pipelines if necessary
-
Post-meeting, ensure the plan is delivered and the CRIA contact is completed.
-
Meeting (30 min)
Pick a topic from Library to drive conversation
Set clear expectations on next steps
Schedule next appointment in alignment with client category
Update A360 Household
Create new opportunity pipelines if necessary
Client Profile
Below is the definition of each of the client segments that we follow. To access your client segmentation report in A360, follow these steps.
Utilize this spreadsheet to define client categories into A, B, C, and D Clients based on the several factors listed in each column.
Enter Client Name and total AUM
Enter your estimate for this client’s category in column K
In the subsequent columns L-S, enter the rating of this client in each category based on the table at the bottom of the spreadsheet using numbers 1-4 that correspond to A-D ratings.
For example: A client with a Net Worth < $500k would get a 2 in column L. The same client with +4 referrals would have a 4 in column R
The client’s actual categorization will reflect in column T, which is based on a grade point average as illustrated at the bottom of the spreadsheet.
A=4, B=3, C=2, D=1
The Client Service Model for reference is located on tab two of the sheet
*Note the Client Service Model is for A, B, & C Clients. The purpose of identifying D clients is to recognize who falls below C profile definitions to determine an appropriate exit strategy.
A CLIENT
NW
Total Investable Assets
HH Income
Ages
Initial Revenue
Recurring Revenue/Yr
Referrals
Products
$2,000,000+
$1,000,000+
$400,000+
45–60
$10,000+
$10,000+
3+
4+
B CLIENT
NW
Total Investable Assets
HH Income
Ages
Initial Revenue
Recurring Revenue/Yr
Referrals
Products
$500,000–$1,999,999
$500,000–$999,999
$250,000–$399,999
35–44, 61+
$5,500–$9,999
$5,500–$9,999
2
3
C CLIENT
NW
Total Investable Assets
HH Income
Ages
Initial Revenue
Recurring Revenue/Yr
Referrals
Products
$150,000–$499,999
$150,000–$499,999
$150,000–$249,999
28–34
$1,000–$5,499
$500–$5,499
1
2
Client Service Model
These are non-business touchpoints to strengthen relationships with your ongoing financial planning clients.
Client Service Model Calendar
To implement this model, you will need access to the CFG Intranet Storefront and Hallmark Business Connections. Along with the event calendar below, provide birthday wishes/chocolates and life-event messages as they occur (gifts for A’s and calls/texts/emails for B’s and C’s).
JANUARY
FPE
FEBRUARY
MARCH
APRIL
FPE
MAY
JUNE
JULY
FPE
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER