Every financial planning practice, no matter the size, client demographic, or AUM, relies on processes—whether they’re documented or not. These processes are the foundation of a well-oiled business that doesn’t drain the life out of its owner. Yet, many advisors struggle with where to start when it comes to formalizing their systems.

Here’s the reality: you are already using these processes in your practice, but without intentionality, they may be inefficient, inconsistent, or full of friction. Friction in business refers to anything that slows down operations, creates bottlenecks, or diminishes the client experience. It’s the small inefficiencies that waste time, energy, and resources, and it’s the moments when clients feel frustration, confusion, or a lack of clarity.

That’s why today, we’re going to break down 7 Essential Processes every financial advisor needs to have. Plus, we’ll include an important *bonus process* for advisors managing investments. It’s important to identify a...