by Jim Stackpool | Apr 5, 2023 | Advice is not a Product, best practice, Business Planning, Career Management, crisis management, Future of Financial Advice, Hiring advisers, Leadership, Leverage, Planning, Priorities
Have you heard Nigel Marsh speak? He is good. An ex-marketing executive, he started EarthHour in 2007, the Sydney Skinny Swim in 2013 and has managed to accrue over 5.3m views of his work/life balance TED talk. His message was about navigating the constant white water...
by Jim Stackpool | Feb 16, 2023 | Advice is not a Product, FSC, Future of Financial Advice, Hayne Royal Commission, Leadership, Separation of advice from product
There’s good and bad in the Quality of Advice Review (QAR) released by Treasury last week. The good is the proposed framework for the delivery of affordable financial products. For Australians less interested in advice and more focused on making simple purchases, the...
by Jim Stackpool | Jan 25, 2023 | Advice is not a Product, advisers v distributors, Business Planning, Certainty Advice, Delivering Value, Future of Financial Advice, Leadership, Separation of advice from product
All the best for 2023! Ready? Neither am I. A reflection on the 2013 advice marketplace and three thoughts on what advice might look like in ten years – 2033 – might be helpful for your steps in 2023. Despite the exceptional upheavals over the past decade,...
by Jim Stackpool | Dec 19, 2022 | Advice is not a Product, Business Performance, Business Planning, Future of Financial Advice, growth, Growth Stress, Leadership, Mindsets, Separation of advice from product, Value of Advice, Value Proposition
Advisers thrive because they anticipate, worry, prepare and manage complex client issues. Good advisers are masters at it. Great advisers are masters at doing the same for themselves. There are several hurdles facing advisory firms in 2023 – for advisory teams...
by Jim Stackpool | Nov 10, 2022 | Advice is not a Product, Advice Products, advice skills, advisers v distributors, Best Interests, best practice, Consultative Approach, Delivering Value, future of advice, Hayne Royal Commission, Leadership, Professionalism, Quality Advice, Value of Advice, Value Proposition
Do you ask your doctor what her fees will be next year? No, neither do I. Why do clients ask what the future ongoing fees will be for their financial advisers? Because, unlike doctors, they pay ongoing rent to their advisers. Is that typical of professionals?...
