Why More Financial Advisors Use Coworking Spaces

Set foot inside a coworking space and the first thing you’ll notice is how different it feels from a conventional office setup. The smell of fresh coffee punctuates the air while the energy of those present can be seen and felt. It’s a mixed bag of some occupying private desks and others sharing ideas and deeply engaged in conversation at large shared tables. Welcome to the culture of the coworking space – a space unlike the standard office community and one that clearly promotes diversity. Coworking spaces, also known as shared workspaces, cater to those looking to escape the confines of the home office and coffee shops while providing all kinds of standard office amenities at an affordable price. Private meeting rooms, conference rooms, desks, shared tables, kitchens, printing facilities and more – it’s all part and parcel of the coworking experience. Plus, due to the eclectic range of occupants – startups, freelancers, entrepreneurs and small teams – the climate of creativity that exists is something that everyone can take advantage of. It’s like having access to a free think tank. It’s also an ideal working environment for financial advisors – here’s why.
Cut your costs & save time
Ideal for those just starting out or for seasoned financial advisors, coworking spaces are off the bat money savers of note. You can elect to rent daily or for as long as you want; you’re not obligated to sign some lengthy lease agreement. This type of arrangement is of particular aid if you have big plans for the future. You might be looking to recruit other financial advisors and leasing can only incur unnecessary costs before you’ve attained such goals. Plus, with such flexibility you don’t have to worry about office supplies, furniture, janitorial services and/or building maintenance. Coworking space covers all of that and will help you cut costs and save time.
Offering up the right look
As a financial advisor, you want to put your best foot forward, and that involves not just looking the part, but also conducting your business in an environment that looks the part. Coworking spaces allow you to do your business in an upscale location without having to lease at a loss. Coworking office spaces often sport the latest in terms of interior design, thus letting you reel in clients in a setting that is both comfortable and impressive.
Privacy
Electing to make use of a coworking space means that you’ve also got rental options that can be upgraded. For a little extra, you can take advantage of a private office and thus provide your client with the confidentiality and assurance of privacy. This is imperative when you’re a financial advisors and you’re going to be discussing matters of a financial nature. For instance, your client might be interested in learning about USD EUR trading and might want to know how much they should start off with investing or if you’re aware of any political or economic changes they should be aware of. No one wants to discuss matters of such a nature in a common room or any space that doesn’t provide complete privacy. Once again, coworking spaces can offer financial advisors all the required amenities.
Reception assistance
Another major drawcard of electing to conduct your business from a coworking space is the fact that you’ll be able to call on reception assistance. In addition to lending the office space an immediate air of professionalism, the receptionists can also assist you in all kinds of ways. Outside of assisting you with administrative tasks, an assistant can welcome would-be clients, make them feel at home in a stylish chair, give them a magazine to read and offer tea, water of coffee. Once again, coworking spaces provide fantastic amenities at an affordable price.