In this episode of Ready, Set, Grow Podcast, we talk about the recent market volatility and how financial advisors should communicate with their clients during times of volatility. We’ll dive into the VIX, what that index indicates, and how advisors can position that with clients.
We’ll discuss how to communicate with newer clients and educate them on the long-term nature of their investment plan and address their concerns. Lastly, we’ll discuss how proper planning and setting expectations on the front end can help mitigate difficult conversations during market downturns.