Advisorheads Homepage
Forum Home Forum Home > Introductions > Greenhorn Introductions
  New Posts New Posts RSS Feed - How to Respond to Common Objections
  FAQ FAQ  Forum Search   Events   Register Register  Login Login

How to Respond to Common Objections

 Post Reply Post Reply
Author
Message
Doormaster21 View Drop Down
Rookie
Rookie
Avatar

Joined: Dec/21/2021
Location: Lincoln
Status: Offline
Points: 8
Post Options Post Options   Thanks (0) Thanks(0)   Quote Doormaster21 Quote  Post ReplyReply Direct Link To This Post Topic: How to Respond to Common Objections
    Posted: Jan/12/2023 at 4:34pm
I've had decent success knocking doors!
I hear the common objections like: " I've got an advisor"
Do you use a rebuttal? Do you just move on?

The other objection "Do you have a card"
Do you use a rebuttal? Do you just move on?
I just want to maximize my efforts!
Thanks
Back to Top
Mike Damone View Drop Down
Senior Member
Senior Member
Avatar

Joined: Mar/15/2010
Status: Offline
Points: 6544
Post Options Post Options   Thanks (0) Thanks(0)   Quote Mike Damone Quote  Post ReplyReply Direct Link To This Post Posted: Jan/12/2023 at 4:40pm
"Oh you have an advisor.  Have you reviewed your financial  plan and are you still on track after last years market losses?"
Back to Top
richchick View Drop Down
Senior Member
Senior Member
Avatar

Joined: Mar/11/2010
Status: Offline
Points: 2516
Post Options Post Options   Thanks (0) Thanks(0)   Quote richchick Quote  Post ReplyReply Direct Link To This Post Posted: Jan/12/2023 at 4:59pm
Does your advisor throw good parties. 
Back to Top
missionshooter View Drop Down
Senior Member
Senior Member
Avatar

Joined: Feb/12/2014
Status: Offline
Points: 6334
Post Options Post Options   Thanks (0) Thanks(0)   Quote missionshooter Quote  Post ReplyReply Direct Link To This Post Posted: Jan/12/2023 at 5:01pm
Can you advisor suck a golfball through a garden hose..?
Our purpose is to partner for a positive impact- to improve the lives of our clients and colleagues, and together, better our communities and society.

Back to Top
advisorman View Drop Down
Senior Member
Senior Member
Avatar

Joined: Oct/22/2011
Location: Behind you
Status: Offline
Points: 4305
Post Options Post Options   Thanks (0) Thanks(0)   Quote advisorman Quote  Post ReplyReply Direct Link To This Post Posted: Jan/12/2023 at 5:05pm
Be nice guys, he’s pretty cool and open to learn
King of sarcasm and speling
Back to Top
CFLRS View Drop Down
Senior Member
Senior Member
Avatar

Joined: Nov/07/2020
Status: Offline
Points: 1630
Post Options Post Options   Thanks (0) Thanks(0)   Quote CFLRS Quote  Post ReplyReply Direct Link To This Post Posted: Jan/12/2023 at 5:33pm
Originally posted by Doormaster21 Doormaster21 wrote:

The other objection "Do you have a card"

"I do, but I only give them out to people who have sincere interest in planning for their retirement"

They will likely give you some sort of reassurance that they're seriously going to call (which they won't).

"Since you're seriously interested, what is your phone number number, so I can follow up?"

If they hesitate, then don't waste any further time.
Back to Top
missionshooter View Drop Down
Senior Member
Senior Member
Avatar

Joined: Feb/12/2014
Status: Offline
Points: 6334
Post Options Post Options   Thanks (0) Thanks(0)   Quote missionshooter Quote  Post ReplyReply Direct Link To This Post Posted: Jan/12/2023 at 5:57pm
If a woman answers the door... "is the man of the house home?"
Our purpose is to partner for a positive impact- to improve the lives of our clients and colleagues, and together, better our communities and society.

Back to Top
knuk View Drop Down
Senior Member
Senior Member
Avatar

Joined: May/20/2010
Location: Canada
Status: Offline
Points: 8254
Post Options Post Options   Thanks (0) Thanks(0)   Quote knuk Quote  Post ReplyReply Direct Link To This Post Posted: Jan/12/2023 at 6:07pm
Do you have an advisor? 

Oh that's great, who helps you out now? They almost always answer that.  Then ask another question.  
administrator
Back to Top
newbieRIA View Drop Down
Senior Member
Senior Member
Avatar

Joined: Jul/27/2020
Status: Offline
Points: 3256
Post Options Post Options   Thanks (0) Thanks(0)   Quote newbieRIA Quote  Post ReplyReply Direct Link To This Post Posted: Jan/12/2023 at 6:08pm
don't even try to sell them, just keep knocking on the next door.  Eventually you will knock on someone just got an inheritance, retires, lost job like that day.  Those are the people who will talk to you.  Your not convincing someone to switch advisors on a cold approach that quick.  Those people take their name and number and drip on them monthly snail mail and call 3x a year to check up on them.  
Back to Top
Mike Damone View Drop Down
Senior Member
Senior Member
Avatar

Joined: Mar/15/2010
Status: Offline
Points: 6544
Post Options Post Options   Thanks (0) Thanks(0)   Quote Mike Damone Quote  Post ReplyReply Direct Link To This Post Posted: Jan/13/2023 at 11:35am
Originally posted by missionshooter missionshooter wrote:

If a woman answers the door... "is the man of the house home?"

LOL
Back to Top
spudpotato View Drop Down
Senior Member
Senior Member
Avatar

Joined: Jan/23/2018
Status: Online
Points: 2622
Post Options Post Options   Thanks (0) Thanks(0)   Quote spudpotato Quote  Post ReplyReply Direct Link To This Post Posted: Jan/13/2023 at 6:23pm
Skrait from Bartow… “How much of your portfolio is allocated to rising income?”

Straight from some dude I know “has your advisor called you about how to position your portfolio for this year? There are some tactical strategies that I’m doing for all my clients.”

I tended to suck at dork knocking LOL
Back to Top
luvindy View Drop Down
Moderator
Moderator
Avatar

Joined: May/17/2010
Status: Offline
Points: 28221
Post Options Post Options   Thanks (0) Thanks(0)   Quote luvindy Quote  Post ReplyReply Direct Link To This Post Posted: Jan/14/2023 at 12:14am
Then shut up and wait for them to talk! 

And shovel their driveway!

And you're goddam right you sleep in a suit!
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,
Back to Top
DucatiSportGT View Drop Down
Platinum Member
Platinum Member
Avatar
Trump Ball-Licker

Joined: Jul/16/2013
Status: Online
Points: 35718
Post Options Post Options   Thanks (0) Thanks(0)   Quote DucatiSportGT Quote  Post ReplyReply Direct Link To This Post Posted: Jan/14/2023 at 3:56am
Originally posted by luvindy luvindy wrote:

Then shut up and wait for them to talk! 

And shovel their driveway!

And you're goddam right you sleep in a suit!

This is key 
Bring back Helado!
Back to Top
freebird View Drop Down
Gold Member
Gold Member
Avatar

Joined: Sep/17/2021
Location: deep south
Status: Offline
Points: 13700
Post Options Post Options   Thanks (0) Thanks(0)   Quote freebird Quote  Post ReplyReply Direct Link To This Post Posted: Jan/14/2023 at 10:37am
Originally posted by luvindy luvindy wrote:

Then shut up and wait for them to talk! 

And shovel their driveway!

And you're goddam right you sleep in a suit!

LOL 

And talk about the football team on their bumper sticker 
Back to Top
RIArules View Drop Down
Platinum Member
Platinum Member

Trump Ball-Licker

Joined: Mar/15/2010
Status: Offline
Points: 49906
Post Options Post Options   Thanks (0) Thanks(0)   Quote RIArules Quote  Post ReplyReply Direct Link To This Post Posted: Jan/14/2023 at 10:49am
This thread is starting to remind me of an Arthur Miller play.
“We are all Antifa” - Hacksaw 9/12/2025
Back to Top
Mike Damone View Drop Down
Senior Member
Senior Member
Avatar

Joined: Mar/15/2010
Status: Offline
Points: 6544
Post Options Post Options   Thanks (0) Thanks(0)   Quote Mike Damone Quote  Post ReplyReply Direct Link To This Post Posted: Jan/15/2023 at 12:20am
Don’t forget to complement the plastic pink flamingos on their lawn.
Back to Top
NotTheSmartestGuy View Drop Down
Member
Member


Joined: Mar/29/2022
Location: Faber College
Status: Offline
Points: 131
Post Options Post Options   Thanks (0) Thanks(0)   Quote NotTheSmartestGuy Quote  Post ReplyReply Direct Link To This Post Posted: Jan/18/2023 at 7:25pm
"It's great that you have an Advisor!  Do you like them enough to recommend them to your friends and family?  If so, what are you most pleased with?  May I ask what firm they are with?"  Also, "you know what I do, and you're taken care of.  Who do you think I should introduce myself to on this street?"

I was always happy to find someone with an advisor; assuming they have money.  But that's not always correct.  If you learn the firm, you get a better idea.  (You probably know this, but if they're with your firm, compliment them and move on!)

You may uncover "pain" if they don't refer or can't come up with what they're most pleased about.  I've been able to turn many of those folks into clients.  If they're a raving fan, I at least learned what t do to be a good FA, but I only had one become a client.

Of all the "you know what I do, I almost always got a "go talk to them; they need help."  I once received a "you should talk to ... oh, wait. I should refer them to my advisor!"

Dean
Back to Top
freebird View Drop Down
Gold Member
Gold Member
Avatar

Joined: Sep/17/2021
Location: deep south
Status: Offline
Points: 13700
Post Options Post Options   Thanks (0) Thanks(0)   Quote freebird Quote  Post ReplyReply Direct Link To This Post Posted: Jan/18/2023 at 7:42pm
Originally posted by NotTheSmartestGuy NotTheSmartestGuy wrote:

"It's great that you have an Advisor!  Do you like them enough to recommend them to your friends and family?  If so, what are you most pleased with?  May I ask what firm they are with?"  Also, "you know what I do, and you're taken care of.  Who do you think I should introduce myself to on this street?"

I was always happy to find someone with an advisor; assuming they have money.  But that's not always correct.  If you learn the firm, you get a better idea.  (You probably know this, but if they're with your firm, compliment them and move on!)

You may uncover "pain" if they don't refer or can't come up with what they're most pleased about.  I've been able to turn many of those folks into clients.  If they're a raving fan, I at least learned what t do to be a good FA, but I only had one become a client.

Of all the "you know what I do, I almost always got a "go talk to them; they need help."  I once received a "you should talk to ... oh, wait. I should refer them to my advisor!"

Dean

I can feel the tension in that convo from here 

I was just more “what’s your advisor saying about _____?”  At least I’m being honest about my passive aggressive questions LOL


Back to Top
mseni1 View Drop Down
Member
Member
Avatar

Joined: May/18/2017
Status: Offline
Points: 170
Post Options Post Options   Thanks (0) Thanks(0)   Quote mseni1 Quote  Post ReplyReply Direct Link To This Post Posted: Feb/04/2023 at 12:01am
People still open their doors? 
-mseni

"A good matador doesn't try and kill a fresh bull. You wait until he's been stuck a few times."
Back to Top
 Post Reply Post Reply
  Share Topic   

Forum Jump Forum Permissions View Drop Down

Forum Software by Web Wiz Forums® version 12.03
Copyright ©2001-2019 Web Wiz Ltd.

This page was generated in 0.156 seconds.