4 Essential Topics to Cover with Financial Advisor Training Videos 

Financial advisors are often employed by banks, mutual funds, and insurance companies to offer individual and institutional counseling on specific objectives required to achieve financial goals. As an organization that is hiring a financial advisor to assist you with your own financial goals, you want to be sure that the training you provide is exactly what you need for your new advisor to succeed so that your organization can succeed too! That’s why you want to cover the most essential topics with financial advisor training videos whenever you bring a new advisor onto your team.

At Beverly Boy Productions, we know what it takes to hire and train new team members, and with limited time, the value of video is more incredible than ever before! As a full service video production company that specializes in the creation of training videos, our crews have decades of combined experience and hundreds of satisfied customers over the years. Give us a call to learn more about producing financial advisor training videos on a variety of topics that are most important to your organization.

1. Corporate Finance Training Videos for Financial Advisors

As a corporation hiring a financial advisor, it’s important to fill your newly hired advisor in on your corporate finances. Corporate finance topics that are covered with financial advisor training videos will help your newly hired team member to understand where the business stands, how much revenue is brought in, what amount of revenue is available for corporate investments, and what the overall financial picture looks like.

You might provide training on the balance sheet, the software that is used to track accounting and revenue for the business, and other pertinent details that are important for your financial advisor to fully understand before they get their feet wet with the rest of the training process. Thing of this as part of your onboarding, it should be a key area of focus with your newly hired financial advisor as this is where the brunt of their data decisions will be focused. 

2. Corporate Investment Training Videos for Financial Advisors

Do you already have corporate investments? Do you already offer stock? What types of investments and infrastructure are you interested in expanding into? Do you have ideas or reserve investments that have been left on the back burner? 

Financial advisor training videos that directly focus on corporate investments are essential when you hire a new member of your financial advisory team. While your financial advisor will already have training on investments, and they likely have ideas on how and where your business should expand, providing training on any investments that are already either in place or in the works can help your new financial advisor to understand the business better and to see your overall picture more clearly before they begin to make recommendations or other important financial decisions for the firm.

3. Corporate Estate Planning Training Videos for Financial Advisors

What properties does your organization already own? Where do the properties stand in terms of taxes? Insurance? Other expenses? What kind of equipment does the business own? Are there other business owners in addition to the key leaders? Are there stockholders? All of these details are important and make up the corporate estate planning essentials that should be covered in your training.

Financial advisor training videos that are created for your corporation should dictate not only the details of your corporate estate but also any plans you have for business succession should the need for a transfer or management or ownership take place such as is required in the event of owner illness, injury or death. This is why it’s important to fill your financial advisor in on any existing corporate estate planning items that you’ve worked on as well as to offer guidance on where you want your corporate estate planning to ideally be.

4. Corporate Risk Management Training Videos for Financial Advisors 

You likely already have methods in place to minimize financial loss for the business, that’s where these financial advisor training videos should be focused to help your newly hired advisor understand what steps are being taken currently so that they can see the areas of potential growth or improvement. Corporate risk management training videos for financial advisors can focus on things like existing risk management activities, executives in charge of risk management, and loss prevention controls that are already in place. 

You’ll also want to cover any risk management ideas that are in the works or that you’ve initiated in the past with little or no success or that you no longer utilize. Provide training on the types of risks that you see come up, or have dealt with in the past as well such as retail theft, employee theft, resource overuse, or other exposure of internal risks and the technologies that are being utilized currently to monitor/manage those risks better.

As you can see, these essential topics to cover with financial advisor training videos really just touch the tip of the iceberg in regards to filling your newly hired financial advisor in on your business’s financial picture. Consider these, and other training videos to bring your new hire up to speed! Give Beverly Boy Productions a call to get started with the production process.