We've Invested in Professionals. Now Let's Invest in People. The Personal Finance Society has announced that it will continue investing its reserves to attract new entrants into the financial planning profession. It is a significant commitment, building on a £1 million programme to remove barriers, fund qualifications and promote financial planning as a career. That … Continue reading The Profession Is Investing in More Professionals. But Who Is Investing in More Capable Citizens?
Tag: total-wealth-planning
The Next Great Transition Is From Institutional Authority to Human Agency
For decades, society has been built on the assumption that institutions hold decision authority on our behalf. But confidence in those institutions is falling, while AI is making knowledge and reasoning available to everyone. The challenge of our age is not deciding whether to trust AI or institutions. It is restoring human agency so that … Continue reading The Next Great Transition Is From Institutional Authority to Human Agency
Why Total Wealth Planners See the Future Differently
The biggest difference between those inside and outside the Academy isn't belief in human agency. It's that those inside have stopped asking whether the future is coming and have started building businesses for it. When you're inside the movement, you see a different future from those looking in. Over the past few weeks, I've been … Continue reading Why Total Wealth Planners See the Future Differently
Before You Accept That Graduate Financial Planning Job, Ask Yourself One Question
Not every financial planning career is built to achieve the same purpose. A growing number of graduates are entering financial planning because they genuinely want to help people. They enjoy personal finance. They care about psychology. They like solving problems. They want to make a positive difference to people's lives. The profession needs people like … Continue reading Before You Accept That Graduate Financial Planning Job, Ask Yourself One Question
The Next Battle Isn’t for the Customer Interface. It’s for Human Agency.
Where does the long-term economic power probably sit? With Institutions or Citizens? Jason Butler recently published an insightful LinkedIn post arguing that the future of financial services will not be won through better investment research or faster suitability reports. Instead, he suggests the real strategic battleground is interface control, behavioural data, engagement frequency and trusted … Continue reading The Next Battle Isn’t for the Customer Interface. It’s for Human Agency.
Don’t Fix the Supply Side. Empower the Demand Side.
Most organisations are trying to make the supply side more efficient. The Academy is helping the demand side become more capable. For decades, innovation in financial planning has focused on improving the supply side of the market: better platforms, better products, better regulation, better adviser technology and, more recently, AI for advisers. The Academy of … Continue reading Don’t Fix the Supply Side. Empower the Demand Side.
When Clients Arrive Having Already Asked ChatGPT, the Advice Model Has Already Changed
Advisers Are Talking About Cutting Fees. The Bigger Story Is Why. A recent Citywire interview with Ian Else carried a headline that should make every financial planner stop and think: "I'm looking at cutting my advice fees because of AI." It's a rational response. If AI reduces the time it takes to research, analyse, write … Continue reading When Clients Arrive Having Already Asked ChatGPT, the Advice Model Has Already Changed
The FCA Is Shutting Down Investment Scams. But What Happens Before You Invest?
2,329 FCA Scam Warnings... But Would You Spot the Next One? The Financial Conduct Authority has published its latest Annual Report, highlighting a significant crackdown on investment crime. During the past year alone, the regulator issued more than 2,300 warnings about unauthorised or potentially fraudulent firms, secured criminal convictions for insider dealing and money laundering, … Continue reading The FCA Is Shutting Down Investment Scams. But What Happens Before You Invest?
Why Better Financial Decisions Begin with Better Questions
Why Better Financial Decisions Begin with Better Questions The latest Navigator™ update brings financial planning one step closer to real life. For decades, financial planning software has been built primarily for professionals. Most tools were designed to help advisers produce forecasts, reports and recommendations. They were never really intended to help individuals understand their own … Continue reading Why Better Financial Decisions Begin with Better Questions
Another Adviser Firm Walks Away from SJP. Coincidence—or the Start of a Structural Shift?
Another advice firm has chosen to leave St. James's Place. SRB Financial Planning, a business responsible for approximately £250 million of client assets, has joined Quilter Financial Planning after reviewing its future strategic options. The firm said it selected Quilter for its greater investment flexibility, technology, operational support and broader platform. The move adds to … Continue reading Another Adviser Firm Walks Away from SJP. Coincidence—or the Start of a Structural Shift?
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