©syahrir – stock.adobe.com
The stock market has been volatile. Inflation is pushing up the cost of groceries. Rents are going up. Are your employees stressed out? Do they want help? What do you think?
Consider the costs of renting. According to CNBC, 35% of people (households) rent their home. According to Zillow, the average rent in February 2023 is up 6.3% compared to February 2022. Marketplace reports the average person spends 30% of their income on rent. That is a new high. If many of your employees are under age 35, then 65% of them are living in rental properties. Spending a lot of money on rent means other parts of their budget are feeling the squeeze. Small wonder they are feeling stressed.
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Bryce Sanders
Bryce Sanders, president of Perceptive Business Solutions Inc., has provided training for the financial services industry on high-net-worth client acquisition since 2001. He trains financial professionals on how to identify prospects within the wealthiest 2%-5% of their market, where to meet and socialize with them, how to talk with wealthy people and develop personal relationships, and how to transform wealthy friends into clients. Bryce spent 14 years with a major financial services firm as a successful financial advisor, two years as a district sales manager and four years as a home office manager. He developed personal relationships within the HNW community through his past involvement as a Trustee of the James A. Michener Art Museum, Board of Associates for the Bucks County Chapter of the Fox Chase Cancer Center, Board of Trustees for Stevens Institute of Technology and as a church lector. Bryce has been published in American City Business Journals, Barrons, InsuranceNewsNet, BenefitsPro, The Register, MDRT Round the Table, MDRT Blog, accountingweb.com, Advisorpedia and Horsesmouth.com. In Canada, his articles have appeared in Wealth Professional. He is the author of the book “Captivating the Wealthy Investor.”
