While providing clients with investment ideas is certainly a critical element of a financial advisor’s job an often overlooked, but just as important, aspect is providing these clients with sound banking products and services that not only protect their money but deliver favorable returns as well. It is by blending these two elements that a financial advisor can satisfy their client base and in turn, attract new clients.
To assist in the area of sound banking products and services BofI Advisor, a division of BofI Federal Bank, owned by BofI Holding, Inc. (NASDAQ: BOFI), has forged a deal with broker-dealers that make their concierge program available to financial advisors.
This program designed by BofI Advisor respects the goals of a financial advisor and their clients and this respect is reflected in the core banking products offered. These products include:
-Select Money Market accounts that provide a highly competitive rate, plus liquidity, flexibility and accessibility along with limited check writing privileges;
-Select Checking accounts that come with an opportunity to earn interest along with high yields that beat the competition;
-Select Savings accounts that comes with a highly competitive rate along with the opportunity to earn interest compounded daily on qualified balances
-Select CD, providing high rates, high returns, and no market risk
By satisfying the demands of a client BofI Advisor can satisfy the demands of a financial advisor but BofI Advisor does more than just provide clients products and services, they also provide financial advisors with a number of benefits, benefits such as a competitive free environment with no in-house wealth management or investment services as well as the ability to easily track and manage client activity through an information-sharing agreement they establish with their client.
Financial advisors wanting to learn more about how they can offer their clients these high-yield banking products and services can visit: https://www.bofiadvisor.com/Advisors.aspx
