A Transactional Finance Advisor Could Help Your Company Pay Off Debt
A transactional finance advisor might help your company pay off your debt, according to a new study.
The findings are based on a survey of 1,000 financial advisors and show that the industry is growing and is looking to expand, according the report.
“As more companies adopt a strategy of ‘transactional’, their business will need to evolve, which means that their advisors need to respond to the changing demands of the marketplace,” said Peter G. O’Reilly, the study’s lead author and professor of finance at the University of Texas at Austin.
O’Reilly said the findings support what we know about transactional finance, which is that it’s a “new, dynamic field”.
The study is titled Transactational Finance: A new, dynamic, and evolving field.
It surveyed more than 1,500 financial advisors in the United States to assess how they see transactional banking and how they might apply transactional skills to their own businesses.
The results are interesting because, although the study does not focus on transactional financial advisors specifically, they are a key part of the industry, said O’Brien.
The survey also found that financial advisors see transactioins as “the perfect way to manage debt”.
O’Brien and his co-authors say that transactional advice is crucial for companies that don’t have the resources to manage their own debts.
The authors said this is because it’s important for financial advisors to be able to offer advice to the clients, whether that’s about debt management, or about managing risk.
But the survey also showed that many advisors do not consider their clients to be financially sound, and they are less likely to use transactional services than those with higher levels of financial expertise.
“I don’t think there’s a lot of research out there, particularly in financial advice, on how to best apply transactioin skills to a financial advisor’s own business,” said O`Reilly.
Transactional advice, the authors said, is “important to help financial advisors with managing the business and managing their clients’ debts.”
In addition to financial advisors, O’Briens study also examined the use of financial advisory services by companies that were “others” in the industry.
This included those that had their own financial advisors as part of their compensation package, or that used some sort of outsourcing strategy, such as those that provided financial consulting services.
O’Brien and his colleagues found that transactioens are increasingly being used by other firms.
Transactioins are “the new finance, the new technology, the most exciting new technology in the financial services industry”, said O�Reilly.
“As the economy becomes more fragmented, transactioing is going to be the way of the future.”