Alim Dhanji worked with a mentor for 12 years before branching out on his own. Now, he runs a successful financial planning practice with a unique client niche: Physiotherapists
Working with a senior advisor can help rookies overcome the challenges of launching a new business
Older advisors can connect with young mentors to learn about communicating with millennial clients
Developing a process that will underpin the relationship between mentor and mentee can help the partnership flourish
A well-suited mentor is not necessarily someone who is more experienced than you, and he or she may even be in a different industry
Mentoring has many benefits for both junior advisors establishing their careers and senior advisors striving to keep up with changes in the industry
You can learn as well as teach in a good mentoring relationship
The role your mentor plays can vary over time
Linking up with a mentor can help provide the competitive edge that comes with experience. And while women don't necessarily have to work only with a woman mentor, doing so may help in areas with which men are less familiar
Developing a learning relationship with a senior advisor or other professional can help you receive the support you need to reach your goals. Some successful advisors have used several mentors with various areas of expertise