Wouldn’t it be clearer if there was a wall between advice and product? If someone who said they were an adviser was a buying agent? Someone who said they were an intermediary was a selling agent.
Month: May 2020
Mind the Gap: A personal journey towards bridging the advice gap.
The Advice Gap: 95% of the population are underserved and disintermediated by the adviser population on account of their limited wealth. The Adviser Gap: 95% of advisers have disappeared in a generation. From a peak of 400,000 towards the end of the last century, to just 25,000 today (with half set to retire in the … Continue reading Mind the Gap: A personal journey towards bridging the advice gap.
“My, what big teeth you have financial adviser!”
“All the better to eat you with my dear!” … as the financial intermediary said to Little Red Riding Hood. How much longer do we have to put up with this charade? This pretence, that everyone is who they say they are. If it looks like a duck, swims like a duck, and quacks like … Continue reading “My, what big teeth you have financial adviser!”
Financial Planning Transplant: How To Lift and Drop FP Into A Non-Reg FP Business
You may well ask, “Why would an IFA join this chap, instead of just setting up another company to do the FP work?” Here’s why. Many a financial adviser has discussed over a beer, at some time or other, going non-regulated with their financial planning business. Fed up with all the red-tape and asking, “Can … Continue reading Financial Planning Transplant: How To Lift and Drop FP Into A Non-Reg FP Business