by Jim Stackpool | Jul 20, 2022 | Advice is not a Product, advisers v distributors, Financial Paths, Hayne Royal Commission, Public Good, Separation of advice from product, Serve the Greater Good, valuable advice, Value of Advice, Value Proposition, Vertical Integration
I love trekking. I used to regard anyone walking with poles as a tad too keen. Now I’m one of those pole people. It is not just the poles. I’m discovering all sorts of great, weird stuff. For instance, I don’t know what it is, but I find the combination of conversing...
by Jim Stackpool | Jun 15, 2022 | Advice Clients, Advice is not a Product, Best Interests, Brand Development, Business Planning, Certainty Advice, Conflict of Interest, fakeadvice, Financial Governance, Financial Paths, future of advice, Future of Financial Advice, Greater Good, Leadership, LIfe Choices, Measures of Success, Public Good, Separation of advice from product, Serve the Greater Good, valuable advice, Vertical Integration
I love the bush. I reckon it has something to do with my four grandparents being raised in NSW’s central west. It never ceases to amaze me how much I enjoy touring on unmarked open country roads with windows down and the elements whooshing in. Even when...
by Jim Stackpool | Feb 25, 2022 | Certainty Advice, client conversations, Competitive pressures, Consultative Approach, Corporations Act, Future of Financial Advice, Leadership, Separation of advice from product, Uncategorized, Value Proposition, Vertical Integration
Know any life and personal insurance agents? My first training workshop was full of them. That was November 1989 at Greenmount Resort, Coolangatta. My “Agent as a Business Person” workshop aimed to assist attendees with the opportunities created by the...
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 | Jul 10, 2018 | advisers v distributors, Future of Financial Advice, Leadership, Value Proposition, Vertical Integration
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...
by Jim Stackpool | Nov 6, 2015 | Measures of Success, Mindsets, Strategic Alliances, Vertical Integration
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...
