Learn how Shafik Hirani's innovative team earned 5-Star Advisory status through client-focused strategies
In this edition of WPTV, we sat down with Shafik Hirani, Senior Investment Advisor at Shafik Hirani's Private Wealth Management of Alliant Capital Partners, to explore the strategies behind his firm’s success as one of WP’s 5-Star Advisory Teams. Hirani’s team was recognized for its innovative approach to financial planning, which goes beyond traditional advice to address the psychological and emotional aspects of wealth management.
Hirani highlighted how his team’s philosophy is rooted in treating clients like corporations and focusing on their overall financial well-being. “Our approach is about moving clients from point A to point B,” Hirani explained. “We do more face-to-face meetings and focus on a more emotional approach, not just mathematical analysis.”
What sets Hirani's team apart is the expertise and dedication of his staff, which includes MBAs, CFAs, PhDs, and licensed advisors. “It takes years to develop a team that not only understands your philosophy but also believes in it,” Hirani said. This shared vision has resulted in exceptional client retention and growth, with Hirani noting that the team’s 95% retention rate is a testament to its unique approach.
Hirani also emphasized the importance of continuous improvement, both for advisors and their teams. “It’s about ingraining habits that focus less on us and more on what the client is trying to accomplish,” he added. His focus on leadership and vision has allowed the firm to consistently deliver high-value results for clients.
Looking ahead, Hirani sees many exciting growth opportunities in the financial services industry. “The affluent mind tends to make decisions based on psychology, not just numbers,” Hirani said. This focus on behavioral finance, he believes, will continue to drive his firm’s success in the years to come.
To learn more about Shafik Hirani and his team’s award-winning approach, click here to watch the full interview.
