Using Banking Professionals as Trusted Business Advisors [SUBSCRIBERS-ONLY]

When assembling a team of trusted business advisors (“TBAs”), banking professionals should be at the top of your list. By the nature of their work, banking professionals interact with many different types of clients that are experiencing an ever-changing variety of different challenges. Thus, banking professionals generally bring value-added perspectives, opinions, and experiences that make them an important part of any team of TBAs. 

As with any professional service provider, regular communication with your banker will enhance your relationship and optimize your customer experience. The more your banker knows about your organization’s changing operations and needs, the more they will be able to help you to utilize the banking customizations and integrations that will improve organizational operations and mitigate financial risk.  

But bankers usually have valuable insights that go well beyond this traditional role. In particular, banking professionals tend to have a large network and a unique perspective on a wide range of fiscal, financial, and operational issues.