Working Out of a Home Office As a Financial Planner?

[Larry Tew]

Right. And even executive suites in A space is $1300+ per month. I was doing the executive suite before my training position. I'm just not sure I want to do that again, but I must admit it was very convenient to have all my meetings (or at least all my 2nd and subsequent meetings) in the office. A Guardian friend of mine has decided to keep his office allowance from his GA and do ALL his client meetings in their homes. I find doing meetings in their homes is a lot more distracting. He takes a HDMI cable and puts his computer on their HDTV when applicable. I have a 20" external monitor (have to use a small piece of luggage to carry it) for home meetings. The biggest issue to me is whether I am percieved as less credible because I meet somewhere other than an office. I don't mind asking people if they would rather have a rookie in a rented office or a professional with 30 years experience in the comfort and convenience of their home or office. Thanks for the feedback.

 

[Bertolinoins]

I don't think having an office or not means much in terms of credibility. For my personal situation, I could never do it with a young child and stay at home wife. I tried to work from home for two months when starting my agency and it didn't work... for me the increase in productivity justified the cost of a class B executive office suite at the time. Now I have 2600 Ft with 2 employees and 6 independent contractors with office space and the costs have risen but it has worked out well.

I would not hesitate to work with a financial planner working from home if the rest of his credentials added up.

 

[arnguy]

Of course an agent can do what Mark R. does. Set up the office in the basement and raise Praying Mantises while selling insurance, financial plans, Praying Mantis eggs, etc.