Private Client Department Strategy

Does your Private Client (“PC”) Department have a written strategy?

If so, when was it last reviewed?

Are all of the PC team kept up to date with the strategy?

Is everyone in the PC department championing the strategy?

Do you want to create a strategy (even if it is just for you and your development)?

What is a PC Department Strategy?

It is the series of targets and goals for the success of the PC Department.  There is no set format for this but it can encompass some or all of the following targets or objectives:

• The products and services offered by the Department
• Fee Income goals
• Expense/costs goals
• Overall Profit goals
• The number of staff for optimum performance and roles defined
• The number of offices/bases to perform from

Why is a Strategy a good idea?

To provide the framework for optimum performance and overall to improve productivity and to generate more net income/profit with happier clients.

We can

• Help you draw up your own Department Strategy (or individual Strategy);
• Design a Strategy from scratch with little input from you, for you to review;
• Work with individuals to explain and communicate the Strategy;
• Feedback and monitor