We've helped thousands of financial professionals optimize, cultivate, and manage their businesses. We call it our Practice Analysis Review Program, or PAR. Now, let us take a few minutes to show you what PAR can mean for your business.
We operate very much as business consultants, and part of that is discovering and understanding what is important and what might be a driver for that financial professional and his or her practice.
The PAR experience has completely changed Touchstones interact with the financial professionals. We go from being a vendor to a true partner in their practice, and we can align our goals with that of the teams to ensure that we're all sitting on the same side of the table.
So the growth models had a huge impact on changing the overall PAR impact, because instead of just focusing on three elements of efficiency, scalability, defense ability, what we're now doing is helping those advisors identify those three opportunities, but also focusing on things such as net new assets, acquisition of new client segmentation, and implementing client service models.
Touchstone isn't the only practice management program that exists. However, it's the only practice management program that has with it an accountability piece. What financial professionals tell us they like the most about our relationship is our ability to set realistic goals and to hold them accountable.
The way that Touchstone has acted as an accountability manager really is the secret sauce in our process. It's that ability to help a financial professional take that first step towards what they're looking to achieve. So we do that through structuring, recurring meetings, recurring check-ins, by breaking those goals down to individual small bite sized parts.
And that way, if we can take baby steps over time, we can make material changes over time. And these are busy people, so we've got to break it down into those increments.
So when I think about PAR, one of the best interactions I've ever had is how I've increase the efficiency of one of my top clients. One of the best compliments they gave me was that I gave them time back in their day, when most salespeople are actually taking time out of their day.
By setting goals that are both aligned with the financial professionals need and realistic. We find that we have incremental success, and that incremental success leads to really strong long term results.
How to get started with the Touched on PAR process. Well, first think about your goals, what you want to work on and then have that discussion with your local touched on contact. Who would love to get started with you?
