Lessons for Financial Planners Aspiring to Become Total Wealth Planners For decades, financial planning has been built around financial capital: portfolios, products, performance and projections. Yet one of the most consistent findings in economic research tells a different story. Human capital—not financial capital—is the primary driver of long-term prosperity. A 2012 study published in the … Continue reading Why the Future of Financial Planning Is Human Capital-Led
Tag: human-capital
AI Is Taking Jobs — But It Can Also Create Wealth. The Choice Is Ours.
Why the Total Wealth Plan is the missing bridge between technological disruption and human empowerment. Introduction: The Alarm Bell Britain Can’t Ignore According to business editor Jon Rees at The Times, artificial intelligence is now costing more jobs in the UK than it is creating. Research from Morgan Stanley found that UK firms using AI … Continue reading AI Is Taking Jobs — But It Can Also Create Wealth. The Choice Is Ours.
From Products to People: Human Capital Lessons for the Next Generation of Financial Advisers
Why the Future of Financial Advice Is Human, Not Just Financial For decades, mainstream financial advice has revolved around financial capital — portfolios, products, tax wrappers, asset allocation, and return optimisation. That model is now reaching its natural limits. A growing body of research — including OECD work on human capital and academic critiques of … Continue reading From Products to People: Human Capital Lessons for the Next Generation of Financial Advisers
Why This Study Quietly Changes Everything for Financial Planners
What Human Capital Inequality Teaches Us About the Future of Advice For decades, financial planning has rested on a comfortable assumption: If people have access to money and good products, they’ll make good long-term decisions. The study “Human Capital Inequality, Life Expectancy and Economic Growth” by Castelló-Climent and Doménech gently — but decisively — dismantles … Continue reading Why This Study Quietly Changes Everything for Financial Planners
Take Your Sign Down: Why Financial Planning Must Stop Living Within a Lie
By Steve Conley, Academy of Life Planning Overnight in Davos, Canadian Prime Minister Mark Carney delivered what I believe will be remembered as an era-defining speech. Not because it was dramatic.Not because it was ideological.But because it named reality. Carney spoke about geopolitics.But what he really described was every untrustworthy system that survives by ritual, … Continue reading Take Your Sign Down: Why Financial Planning Must Stop Living Within a Lie
From Meaningful Advice to Total Wealth Planning
From Meaningful Advice to Total Wealth Planning Why the profession is right about meaning — and why the journey can’t stop there An Academy of Life Planning bridge‑mode explainer for advisers sensing there’s more to come A shared moment of recognition Recent commentary from respected thought leaders within the adviser profession captures something many practitioners … Continue reading From Meaningful Advice to Total Wealth Planning
Why Total Wealth Planning Isn’t a Lifestyle Add-On — It’s a Correction of a Category Error
What a landmark human capital study reveals about the future of financial planning Introduction: A Quiet Problem No One in Advice Talks About Most financial planners were trained inside a narrow frame: Learn the technical rules Model the money Optimise the investments Manage the risks Assume the client behaves “rationally” It’s a neat system.It’s also … Continue reading Why Total Wealth Planning Isn’t a Lifestyle Add-On — It’s a Correction of a Category Error
Life on the Other Side of Financial Planning
Why Human Capital Strategies Mastery Is Becoming the Bridge to the Profession’s Future There’s a quiet moment many financial planners reach. Nothing has gone wrong.Clients are still engaging.The rules are still being followed.The numbers still add up. And yet something feels incomplete. Not because financial planning has failed —but because the world it serves has … Continue reading Life on the Other Side of Financial Planning
Most of a Person’s Wealth Is Not on a Balance Sheet — It Walks Into Work Every Day
A practitioner insight for Total Wealth Planners Traditional financial planning has taught generations of advisers to look down—at balance sheets, portfolios, wrappers, and projections.Total Wealth Planning asks us to look up—at the living, breathing human being who generates, sustains, and renews all of that capital. A growing body of academic research confirms what many of … Continue reading Most of a Person’s Wealth Is Not on a Balance Sheet — It Walks Into Work Every Day
The Planner’s Tension:
Why “Complexity” Doesn’t Increase With Age — It Shifts As more traditional planners explore Total Wealth Planning, a recurring tension often surfaces: “Planning becomes more complex as clients get older.” It’s a reasonable assumption.It’s also incomplete. What actually changes over a lifetime is not the level of complexity, but the composition of wealth — and … Continue reading The Planner’s Tension:
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