“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...
Another bank is exiting wealth. Saying his objectives are all about simplification, NAB CEO Andrew Thorburn used unsurprisingly similar language to ANZ’s CEO Shane Elliott nearly two years prior when he too concluded that they really did not understand advice...
Tell me if this ‘mutually beneficial relationship’ sounds familiar: You have a new relationship with an accounting firm with great prospects. With five partners, a good name, and a similar culture to yours, there’s no reason why you shouldn’t provide wealth advice to...
Spoke to a financial advisory firm last week who were very excited about their very own investment platform which they now intend to offer to their advice clients. The ownership of the platform is a couple of the original owners of the financial planning firm....
