These are the four most important questions for owners of advisory businesses planning for beyond this recession: Question 1: How are you going to structure your business for forward prosperity? There is little doubt the industry will have to do more with less. The...
“Many in the industry are currently distracted by ‘IPO-envy’.” Alan Logan – GM Practice Management, MLC Alan Logan has long been a great commentator of the market. I believe his recent comment is spot on. Bankers and their deals are flocking to our booming industry...
At present, Australian advisers are enjoying the strongest market conditions ever thanks to unique alignment of once-in-a-lifetime superannuation legislation and record stock market levels. The supply of financial advice currently can’t meet the demand for services....
As I write this, we’re again briefly reminded of market volatility. China’s main stock index has fallen 8.8%, allegedly caused by rumours of a planned tax on capital gains on shares in China. The reverberations are being felt worldwide. Whilst the investment...
In my previous article (Building leverage in your advice firm: Part 1 – Silos and Staffing), I discussed a number of problems that arise from outdated thinking about how best to progress junior talent in an advisory firm. I advocate bringing your junior talent...