Menu
Our services in the selected location:
- No services available for your region.
In The Spotlight
Stay on top of the latest market developments, key themes, and investment ideas affecting your portfolio and practices.
Explore how we can help you
Talk to Us
Pre-planning and structure are critical to the success of a client advisory board. The most successful boards begin with a formal approach and often ease into something more casual. It is important that the board’s work approach isn’t too casual at the onset; for fear that it could deteriorate into something no one takes seriously.
Our suggested approach: (1) Identify the board purpose, size and objectives. (2) Define the board structure and roles. (3) Determine board members. (4) Create a communication plan. (5) Build the meeting agenda.
Here are some best practices to consider when building a client advisory board.
| 1. Solicit feedback, don’t push an agenda | 2. Decide what you want the board to accomplish |
| 3. Have written ground rules | 4. Use a consistent or third-party facilitator |
| 5. Identify specific clients with the skills you need (that complement your own) | 6. Expect to be challenged; be open to new ideas |
| 7. Periodically change the makeup of the board |
Workshop to help you build business and drive sustainable growth in advisor practices. Contact your GSAM representative for more information.
