How to Delegate Advisory Work to Your Team

I often meet firm owners eager to add more advisory services to their offerings, but they often struggle with task delegation.

In this episode, I’ll share how I tackled this and how you can too.

Listen below.

0:42 When I was running my firm, we offered a range of advisory services. While not overly complex, they required more customization than routine tasks like tax returns or month-end closes.

1:25 Advisory services require technical expertise, a strategic mindset, and strong communication skills to ensure they are effectively delivered and valuable.

2:25 If you plan to delegate a cash flow forecast to a team member, they should have some background in this area. Relevant work experience is definitely a significant advantage.

2:51 The key to successful delegation is having written documentation. Without it, effective delegation becomes quite challenging.

3:37 Once you have a process in place, you’re ready to train the person you’ll be delegating the work to.

4:03 The goal is to shift from doing 100% of the work yourself to 50%, and eventually down to 0%. Shadowing is essential to make this happen.

4:14 Lastly, have the team member gradually take on more of the client presentations themselves.

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How to Delegate Advisory Work to Your Team

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