There are two types of financial planning: Financial planning to sell an investment. Financial planning to solve a problem. The former is the more common one in the marketplace. The investment adviser is encouraged by bosses, and relationship managers of the investment companies where they hold agencies, to keep work to a minimum for commercial … Continue reading 10 Time Makers: The additional services of an advice-only financial planner
Month: December 2022
Top 3 reasons for not becoming an advice-only financial planner
Three objections to becoming an advice-only financial planner. 1. It's illegal. 2. I'll never make any money at it. 3. I'm not ready. It's Illegal The same principles apply to most, though not all, markets. Let me use markets that follow UK financial conduct regulation as an example. It's not illegal! The UK FCA rulebook … Continue reading Top 3 reasons for not becoming an advice-only financial planner
The Game Plan: 10 value-adding services for advice-only financial planners.
We believe that removing regulated advice from financial planning is not a service people would value and pay for, as advisers have trained clients to believe what remains is free. We need to add value to the service. We do this with the Game Plan. Here are ten additional services offered by Academy members to … Continue reading The Game Plan: 10 value-adding services for advice-only financial planners.