From Earning Capacity to Human Possibility: Human Capital Lessons for the Total Wealth Planner The central argument is that conventional financial planning tends to treat human capital as an assumption behind the cashflow forecast—salary, retirement age and perhaps future earnings growth. The literature we have reviewed suggests something much richer. Human capital is an asset … Continue reading The Asset You Live Inside
Tag: total-wealth-planning
Who Said Financial Planning Needed a Product Licence?
Why the trailblazers of financial planning are moving from the regulated 1% to the human 100% Most financial planners did not enter the profession because they wanted a licence to sell products. They entered because they wanted to help people. They wanted to help people make better decisions, avoid costly mistakes, prepare for uncertainty and … Continue reading Who Said Financial Planning Needed a Product Licence?
Finance Is Growing. But Are People?
A Campaign for Citizen Outcomes, Saver Sovereignty and Human Agency Britain is repeatedly told that what is good for the financial sector is good for the country. More capital must be “unlocked.” More pension money must be directed towards productive investment. Regulation must become less burdensome. Consumers must become more comfortable with risk. The financial … Continue reading Finance Is Growing. But Are People?
The Salary Trap: What Is a Graduate Really Signing Up For in an AUM Advice Firm?
The Graduate Advice Trap: Your Salary, Their Assets, Someone Else’s Business A graduate enters financial services wanting to become a financial planner. They want to help people understand money, make better decisions and build a life around what matters. The industry offers them something apparently reassuring: A salary. Training. Professional qualifications. A career path. Perhaps, … Continue reading The Salary Trap: What Is a Graduate Really Signing Up For in an AUM Advice Firm?
Longer Lives Need Better Navigation — Not Longer Dependency
Where do you think helpful financial support crosses the line into dependency? We extended life. But we did not redesign financial planning around it. That is the central argument in Simon Chan’s recent article on how longer lives are changing what people need from financial advisers. It is an important argument, and much of it … Continue reading Longer Lives Need Better Navigation — Not Longer Dependency
When the Trusted Adviser Is Not the Adviser
You Checked the FCA Register. You Were Still Scammed. From Advice to Agency A message arrives on WhatsApp. The sender appears to be a regulated financial adviser. They use the adviser’s real name, photograph, FCA registration number and company details. They recommend an investment. They create urgency. They tell you where to transfer the money. … Continue reading When the Trusted Adviser Is Not the Adviser
Bitcoin Was Not Hacked. But That Does Not Mean the System Worked.
A balanced perspective for investors—and a warning to advisers being swept along by the “moonboy” narrative Bitcoin inspires unusually polarised thinking. To its strongest advocates, it is digital gold, an escape from monetary debasement and a decentralised alternative to a financial system they no longer trust. To its strongest critics, it is a speculative token … Continue reading Bitcoin Was Not Hacked. But That Does Not Mean the System Worked.
The Academy Community Is Now Live on WhatsApp
Most people do not need a financial adviser beside them all the time. They need the right tools, somewhere trustworthy to ask questions, and access to an independent second brain when life becomes complex, stressful or uncertain. That is the thinking behind the new Academy of Life Planning Community on WhatsApp, now open to all … Continue reading The Academy Community Is Now Live on WhatsApp
Do You Understand the Business Model Behind Your SJP Advice?
A clarity check for more than one million St. James’s Place clients Your adviser may know your family, your ambitions and your worries. They may have helped you through retirement, bereavement, a business sale or a difficult investment decision. You may trust them—and that trust may be well deserved. But there is another question worth … Continue reading Do You Understand the Business Model Behind Your SJP Advice?
Could You Make a Living Teaching Citizens to Use AI—Instead of Managing Their Money for Them?
From Assets Under Management to Agency Under Development. For decades, the financial-services business model has been built around a simple proposition: People do not understand money well enough to manage it themselves. So they should delegate. Delegate the analysis.Delegate the decisions.Delegate the implementation.Delegate the ongoing management. Then pay someone, often indefinitely, for the privilege. Artificial … Continue reading Could You Make a Living Teaching Citizens to Use AI—Instead of Managing Their Money for Them?
