Freelance Money Management Advisor Workflow Map

In this article, we’ve created a starter Freelance Money Management Advisor Workflow Map that you can use to start planning out your product/service delivery and we’ve outlined a few examples of experiments that you can run in your Freelance Money Management Advisor role.

Ready to get started? Download the Workflow Map template or get in touch to discuss how a workflow coach could help you fast-track your business improvement.

Systems & Processes for Freelance Money Management Advisor

The path towards better systems and processes in your Freelance Money Management Advisor role starts with mapping out your most important business processes. Being able to see your business processes laid out visually helps you to collaborate with your team on how to improve and grow. By repeating this collaboration process, you’ll develop a culture of continuous improvement that leads to a growing business and streamlined systems and processes that increase customer & staff experience.

To help you start mapping out your processes, we’ve developed a sample flow for a Freelance Money Management Advisor Workflow Map that you can use with your team to start clarifying your processes and then run Business Experiments so you can build a better business.

Workflow Map For A Freelance Money Management Advisor

1. Initial Consultation: Meet with the client to understand their financial goals, current situation, and investment preferences.
2. Financial Analysis: Gather and analyze the client’s financial data, including income, expenses, assets, and liabilities.
3. Goal Setting: Collaborate with the client to establish specific financial goals and objectives.
4. Investment Strategy Development: Develop a customized investment strategy based on the client’s risk tolerance, time horizon, and financial goals.
5. Portfolio Construction: Create a diversified investment portfolio that aligns with the client’s investment strategy.
6. Implementation: Execute the investment strategy by purchasing and selling financial assets on behalf of the client.
7. Ongoing Monitoring: Regularly review the client’s portfolio performance and make necessary adjustments to ensure it remains aligned with their goals.
8. Performance Reporting: Provide periodic reports to the client, detailing the performance of their investments and progress towards their financial goals.
9. Financial Education: Educate the client on various financial concepts, investment strategies, and market trends to enhance their financial literacy.
10. Continuous Improvement: Collaborate with the client to identify areas for improvement in their financial plan and make necessary adjustments to optimize their financial outcomes

Business Growth & Improvement Experiments

Experiment 1: Client Referral Program
Description: Implement a client referral program where existing clients are incentivized to refer new clients to the freelance money management advisor. This can be done by offering a discount on services or a referral bonus for each successful referral.
Expected Outcome: Increased client base and revenue as existing clients are motivated to refer new clients, leading to a higher number of potential leads and conversions.

Experiment 2: Streamlined Onboarding Process
Description: Review and streamline the onboarding process for new clients, ensuring that it is efficient and effective. This can involve creating standardized templates, automating certain tasks, and improving communication channels.
Expected Outcome: Improved client satisfaction and reduced onboarding time, allowing the freelance money management advisor to take on more clients and increase overall productivity.

Experiment 3: Social Media Marketing Campaign
Description: Launch a targeted social media marketing campaign to increase brand awareness and reach a wider audience. This can involve creating engaging content, utilizing relevant hashtags, and leveraging paid advertising options on platforms such as Facebook, LinkedIn, or Twitter.
Expected Outcome: Increased visibility and brand recognition, leading to a higher number of inquiries and potential clients. This experiment can help the freelance money management advisor expand their online presence and attract a larger audience.

Experiment 4: Client Feedback Surveys
Description: Implement regular client feedback surveys to gather insights and identify areas for improvement. These surveys can be sent after completing a project or periodically throughout the client engagement. The feedback received can be used to enhance service offerings and address any pain points or concerns.
Expected Outcome: Improved client satisfaction and retention as the freelance money management advisor demonstrates a commitment to continuously improving their services based on client feedback. This experiment can also help identify potential areas of growth or new service offerings.

Experiment 5: Collaboration with Complementary Professionals
Description: Explore partnerships or collaborations with professionals in complementary fields, such as tax advisors or estate planners. This can involve cross-referrals, joint marketing efforts, or even offering bundled services to clients.
Expected Outcome: Increased client value and expanded service offerings, as the freelance money management advisor can provide a more comprehensive solution to clients by leveraging the expertise of complementary professionals. This experiment can lead to increased client satisfaction and potentially attract new clients through referrals from the collaborating professionals

What Next?

The above map and experiments are just a basic outline that you can use to get started on your path towards business improvement. If you’d like custom experiments with the highest ROI, would like to work on multiple workflows in your business (for clients/customers, HR/staff and others) or need someone to help you implement business improvement strategies & software, get in touch to find out whether working with a workflow coach could help fast-track your progress.