by Jim Stackpool | Jul 24, 2019 | Best Interests, Mindsets, Professionalism, Value Proposition, Wealth Management
President Trump resets standards tweet by tweet. Telling four Democratic congresswomen to ‘go back’ to where they came sets new expectations of how the world’s most powerful office deals with a contrary opinion. Last week, new standards of governance were recommended...
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 12, 2019 | Best Interests, Certainty Advice, Conflict of Interest, Future of Financial Advice, Hayne Royal Commission, Leadership
Another election, another upset, another realisation. The realisation is that the pre-election polls distracted everyone from what quiet Australians were thinking. They were out of touch and a significant distraction. So be careful when you hear the first promises the...
by Jim Stackpool | Mar 3, 2019 | Conflict of Interest, Fee For Service, Hayne Royal Commission, No-Advice Products, Pricing Advice, Professionalism, Value Proposition
The Chinese-based Huawei Group seems to be conflicted. Despite being recognised as a world-leader in forth-coming 5G telecom technology, western countries are reticent to trust them to advise, build, and maintain their future data highways. Similarly, Robert Muller’s...
by Jim Stackpool | Feb 28, 2019 | Business Performance, Client Care, Fee For Service, Future of Financial Advice, Hayne Royal Commission, Value Proposition, Wealth Management
Hello, I’m from ASIC and I’d like you to justify the advice fees you charge? Are you ready for this question? Reminds me of the gag about the tourist in Ireland who asks a local for directions to Dublin. The Irishman replies: “Well sir, if I were you, I wouldn’t start...
