Looking for More Client Introductions? Here Are Eight Strategies

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Consider these statistics: 58% of wealthy investors were referred to their financial advisors. But while 70% of devoted millionaires are likely to refer people to their primary advisor, only 10% of advisors ask for introductions.

Need more data? 92% of customers trust recommendations from people they know, and they pay two times more attention to recommendations from friends. What’s more, the lifetime value of a referred customer is 16% higher than one who is non-referred.