Experience Versus Expertise

Amar Pandit , CFA , CFP

Many of us often confuse experience with expertise.

Experience just gives the time we have been doing something. It does not reflect quality or skill. Thus, judging someone by his/her experience is not a useful measure.

Expertise on the other hand is all about skill. It’s about how well we do something. It’s about excellence.

Expertise relates to the following words – skilful, extraordinary, excellence, outstanding, amazing, outstanding ….

It’s time to build your expertise in the future of wealth management (while not continuing to build experience in the past of wealth management).

Expertise in Client Experience.

Expertise in Powerful Conversations.

Expertise in Transforming Lives.

What about you?

Are you going to bet your future on experience or expertise or both?