Tuesday, January 10, 2012

Family Offices Database – Top 7 Reasons For Using One

If you are raising capital you can establish a distinct competitive advantage over others trying to the do the same if you have a high quality family offices database. There are thousands of capital raising groups and banks which are reaching out and selling products to these firms that if you don’t have the right contact details you are already 3 steps behind in this very intense competition for FO business. Within this article we provide the top 7 reasons why you should use a FO database.
1) It can help you spend more time developing relationships and less time trying to find contact details of these firms.
2) The resource can assist you in identifying large vs. small ultra high net worth wealth management groups so you don’t waste your time on too large or small of a firm.
3) It can help you employ multi-modality marketing by sending them a mailing, email, and then calling all in the same day.
4) A database can help make you become more effective during phone calls by quickly getting you to their website where you can learn all about their firm before you place the call.
5) This type of a resource can also enable you to spend more time traveling to see the most important clients you have developed relationships with while your competition is stuck trying to find their contact details online
6) By obtaining contact details to these groups you are able to spend more of your time selling and marketing to a niche market that has an enormous level of wealth and money to spend.
7) Reaching out to FOs with all of their firm information will make you appear more professional and well organized.
This article shows exactly why it can help your team raise capital by using a family offices database, I hope you have found these tips helpful.
Bottom Line…if you are working with family offices or trying to raise capital from family offices you are going to use your time more effectively if you invest it in buildi! ng relat ionships and not having to build your own Family Office Database from scratch.
Our expert team has just released our 4th Version of our Family Office Directory, check it out here: http://FamilyOffices.com