Category: Uncategorized

Therapy for Your Wallet: Rick Kahler’s Guide to Financial Zen

https://youtu.be/fu1rz5Bvz7E?si=wtm5ppbLU8c6TEyF Alright folks, buckle up, because we're about to dive into the exhilarating world of "Financial Planning and Psychology with Rick Kahler" on the Balanced Advisor Podcast. Dr. Travis Perry, your host, introduces Rick Kahler, who is apparently the Beyoncé of blending financial planning with psychology. Rick’s one of the pioneers of financial therapy, a … Continue reading Therapy for Your Wallet: Rick Kahler’s Guide to Financial Zen →

The Enlightened Wallet: Spiritual Journeys in Financial Planning

https://youtu.be/CuT22Hafjy8?si=JaQ7Xy7nVEC4VasO Alright, gather 'round folks, because we're diving headfirst into the riveting world of "The Spiritual Aspect of Financial Planning" by Rick Kahler. Now, you might be wondering, what on Earth could spirituality possibly have to do with managing your moolah? Well, Rick was just as baffled when some academic bigwig asked to interview him … Continue reading The Enlightened Wallet: Spiritual Journeys in Financial Planning →

Embracing Change: The Journey of the Sudden Money Institute

The Story of SMI The Sudden Money Institute (SMI) was founded in 2000 by Susan Bradley, alongside a dedicated community of financial planning practitioners. Their mission was to better serve clients, particularly those facing major life events. Traditional financial training often left practitioners unprepared to skillfully handle clients during these critical moments. Clients frequently exhibited … Continue reading Embracing Change: The Journey of the Sudden Money Institute →

Reimagining Retirement: Why Gen X Should Look Beyond Traditional Investments

As the oldest members of Generation X (individuals born between the years 1965 and 1980) approach the milestone of 60 next year, the reality of retirement looms large. The recent Natixis Global Survey of Individual Investors highlights the financial anxieties this cohort faces. Nearly half of Gen Xers surveyed believe it will take a miracle … Continue reading Reimagining Retirement: Why Gen X Should Look Beyond Traditional Investments →

Enhancing Mental Well-Being for Gen Z: The Power of a Comprehensive Game Plan for Life and Money

In today’s fast-paced, technology-driven world, Gen Z faces unprecedented challenges, particularly in terms of mental health. Social isolation, chronic loneliness, and economic pressures have left many young workers feeling adrift and disengaged. According to a recent Gallup report, only 31% of employees under 35 describe themselves as “thriving,” highlighting a significant decline in morale among … Continue reading Enhancing Mental Well-Being for Gen Z: The Power of a Comprehensive Game Plan for Life and Money →

The Difference Between FCA-Regulated Financial Planners Who Outsource Wealth Management and CMA-Regulated Financial Planners

Introduction In the UK, financial planning services can be regulated by different authorities depending on the nature of the advice provided. This article clarifies the distinctions between FCA-regulated financial planners who often outsource wealth management to discretionary fund managers (DFMs) through model portfolio services (MPS), and financial planners regulated by the Competition and Markets Authority … Continue reading The Difference Between FCA-Regulated Financial Planners Who Outsource Wealth Management and CMA-Regulated Financial Planners →

Ongoing Advice Review: Could the FCA Follow Australia’s Nuclear Option?

As we enter H2 2024, the Financial Conduct Authority (FCA) is on the verge of announcing the results of their much-anticipated advice review involving the UK's top 20 financial advice firms. The whisperings from the regulatory grapevine suggest that some of these big boys have been more than a little naughty, with at least two … Continue reading Ongoing Advice Review: Could the FCA Follow Australia’s Nuclear Option? →

The Future of Work: Why Holistic Financial Planning is Key to a Fulfilling Retirement

In today’s fast-evolving economic landscape, the concept of retirement is undergoing a radical transformation. Traditional notions of a 'hard stop' retirement, where work ceases entirely at a certain age, are increasingly unrealistic for many. New research by Phoenix Insights reveals that only half of UK adults believe they will achieve this ideal. Instead, a significant … Continue reading The Future of Work: Why Holistic Financial Planning is Key to a Fulfilling Retirement →

Breaking the Financial Advice Barrier: Why Empowerment, Not Intermediation, is the Future

You’ve probably heard it before: “It’s not possible for advisers to serve those in the advice gap.” Sounds dramatic, doesn’t it? Like something straight out of a financial apocalypse movie. But let's cut through the noise and get to the heart of the matter. The financial advice industry is in turmoil, and not for the … Continue reading Breaking the Financial Advice Barrier: Why Empowerment, Not Intermediation, is the Future →