by Jim Stackpool | Jan 30, 2020 | Advice Clients, Certainty Advice, Client Offerings, Future of Financial Advice, Hayne Royal Commission, language, Pricing Advice, Royal Commission, Value Proposition
People don’t want more choices – they want to be more confident in the choices they make. Read NYU’s Professor Galloway’s musings? Easy read, makes sense, consistently clarifies some things for me. I’m presenting a model of advice in this blog. It’s for clients...
by Jim Stackpool | Jan 21, 2020 | Advice Clients, Best Interests, Client Care, Client Offerings, Fee For Service, Future of Financial Advice, Pricing Advice, Value of Advice, Value Proposition
When’s the last time you paid a fair & reasonable price for something? This morning’s coffee? When you last filled your car? Your last holiday? Your special person’s Christmas present? Your donation to a bushfire cause? We make fair & reasonable decisions all...
by Jim Stackpool | Oct 30, 2019 | Best Interests, Certainty Advice, Client Offerings, Competitive pressures, Conflict of Interest, Consultative Approach, Financial Complexity, Future of Financial Advice, Measures of Success, Mindsets, Pricing Advice, Value of Advice
Read Good Walk Spoiled? I reckon it’s a great book. It’s about golf, but really a story about characters. Characters under pressure. That’s golf – either a casual hit or a classic test of character. At the highest levels of the game, the classic tests can be...
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 | Jun 13, 2019 | Best Interests, Client Offerings, Consultative Approach, Hayne Royal Commission, Hidden Pricing, Planning, Pricing Advice, Professionalism, Value Proposition, Wealth Management
My eldest daughter loved her first job. It was in our local video store during her last years at high school. Way back, she was always the one we had to drag out of the place by the collar of her Wiggles dressing gown every family video night. Her joy working there...
by Jim Stackpool | May 3, 2019 | Best Interests, Client Care, Client Offerings, Hidden Pricing, Minimum Pricing, Pricing Advice, Value Proposition, Wealth Management
Is now the time to join the crowd shifting to industry funds? It depends on the value being sought. Value means different things to different people. Whether buying your morning coffee or another pigeon to your flock, we all value things differently. In many ways, the...
