July 2021 Issue: How Advisors can Fight Burnout-How Advisors can Fight Burnout by Kristy Archuleta

How Advisors can Fight Burnout by Kristy Archuleta

Pdf Summary

Burnout is a real issue affecting many financial planners, especially during the pandemic when work and personal lives have become more stressful. Burnout is characterized by exhaustion, anxiety, irritability, and depression. While burnout is often associated with work, it can also occur in non-work areas, particularly for parents, partners, and caregivers. The stress levels of financial advisors have remained fairly stable, but female advisors have reported higher stress levels during the pandemic. To combat burnout, it is important to prioritize self-care and implement strategies to manage stress. This includes getting enough rest and sleep, maintaining a balanced diet, engaging in physical activity, connecting with others, and setting boundaries by saying no to projects that do not align with priorities or goals.<br /><br />Dealing with burnout goes beyond stress management and requires a deeper reflection on personal meaning and purpose. By exploring what brings joy and excitement in one's career, individuals can identify their "why" and schedule time to engage in activities related to their purpose. Finding meaning in ambitious goals, spirituality, and maintaining loving connections with others can also help combat burnout. Overcoming burnout takes time and patience, and individuals should give themselves grace throughout the process. It is important to focus on the present and pursue meaning and self-care to recover from burnout.

Keywords

burnout

financial planners

pandemic

stress

exhaustion

anxiety

depression

self-care

meaning

purpose