by Jim Stackpool | Jul 14, 2022 | Advice Clients, Advice is not a Product, Advice Products, Best Interests, Brand Development, Certainty Advice, client conversations, Complexity, Consistent, Consultative Approach, Delivering Value, Engagements, Financial Complexity, Financial Governance, future of advice, Greater Good, Hayne Royal Commission, Impact, Leadership, Professionalism, Serve the Greater Good, valuable advice, Value Proposition
I used to coach a guy I call Adviser Tony. Nice guy, experienced, founder of a successful advisory firm and well-respected in the advice industry. Tony once told me that when his clients ever squabbled about how they wanted to spend their retirement monies, he...
by Jim Stackpool | Jun 29, 2022 | Advice Clients, Advice Products, advisers v distributors, Best Interests, Brand Development, future of advice, Hayne Royal Commission, Leadership, Measures of Success, Public Good, Quality Advice, Separation of advice from product, Serve the Greater Good, valuable advice, Value of Advice, Value Proposition
Heard about Grameen Bank – the bank for the poor? It presents a powerful working model of trickle-up development. Founded in the mid-1970s by Muhammad Yunus in a country lacking first and second-world finance infrastructures, it has sprouted up in over 80,000...
by Jim Stackpool | Oct 9, 2019 | Advice Products, advisers v distributors, Best Interests, Competitive pressures, Future of Financial Advice, Hayne Royal Commission, Leadership, Value of Advice, Value Proposition
“Life moves on, and so should we.” Have you read Who Moved My Cheese by Spencer Johnson? It’s one of those annoyingly good books that easy to read, makes lots of good sense, yet hard to implement. It reminded me of the state of financial advice in Australia....
by Jim Stackpool | Jun 27, 2019 | Advice Products, Best Interests, Client Care, Client Offerings, Conflict of Interest, Latest News, Pricing Advice, Royal Commission, Vertical Integration
“At the end of the day, average people are going to be the ones; they are going to have to pay for all of this. Because they always, always do” ~ Mark Baum, played by Steve Carell in THE BIG SHORT. We still don’t get it. Did you see or read The Big Short? Great...
by Jim Stackpool | Feb 15, 2019 | Advice Products, Best Interests, Client Offerings, Fee For Service, Future of Financial Advice, Hayne Royal Commission, Royal Commission
“When you’re up to your armpits in alligators, it’s difficult to remember that the original objective was to drain the swamp.” The Hayne report was an anti-climax. When our Treasurer announced the report with “From today, the banking sector must...
by Jim Stackpool | Jan 31, 2019 | Advice Products, Best Interests, Pricing Advice
My family is full of creative types. All the kids and wife are active artists, except me. Actresses, writers, drawers, and designers. All super talented – of course. But I was a tad surprised when some of their drawings and works were recently bought for use on...
