"Mind maps" are transforming how advisors communicate with clients and staff and how they organize information throughout the firm. Results include better-informed clients, significant time savings, higher retention rates and increased fee revenue.
A mind map is a one-page visual method of organizing and capturing information. It is based on a circular format, with relevant topics branching off a central theme. Each branch, in turn, can be broken down into sub-branches/subtopics that link to related documents.