The More Things Change, The More They Stay the Same

True when the phrase was first coined in the 1800’s by Jean-Baptiste Alphonse Karr and still true today. The Richest Man in Babylon written in the 1920’s leverages 4000-year-old parables that are still relevant. And now after 35 years of exposure to the financial services industry, I find within significant change, certain principles still hold […]

Will graduates meet the demands of financial planning businesses of the future?

As a panelist in this recent webinar, I had the opportunity to listen to other insightful presenters including successful business owners and academics. It reinforced the importance of a balanced business approach to the sustainable recruitment of both experienced and graduate staff. Not just today, but well into the future. In such a difficult environment, […]

To a Brighter Future

We felt it appropriate to share some observations that could be of value. We have been hugely encouraged by conversations with our clients and the selfless behaviour of many in the community. There is a lot of good coming from difficulties if we look for it. The new world is interesting and uncertain. What is […]

Remove all conflicts of Interest? You’re Dreamin’​!

It is unfortunately too easy to find trade press reflecting the wrong-doing of an individual or organisation in the financial markets. Should the nature of any indiscretion or activity be measured by degrees, or is it outright fraudulent? Is being ignorant of “Best Interest Duty or Reasonable Basis” any better than knowingly disrespecting this lawful […]

Scarcity of Experienced Financial Planning Talent – It’s Coming

If you think it’s already here, there’s a way to go! The proposed educational changes (new and existing authorised reps – AR’s) have been introduced to Parliament. Turnbull has also weighed into the discuss. Over the last 12+ months, change has already begun with many licensees moving to minimum education standards that mirror proposals for the authorising of […]

Privacy Rights – The Job Seeker Unknown

In the search for a new role, your privacy and how you’re represented to a potential employer are paramount. But rarely does anyone read an agency’s privacy policy prior to engagement. And why should they? There is enough regulation and precedent in the Australian market……right? Wrong!  Although agencies operate under the same legislative framework as […]

Proposed Educational Standards – Three simple questions Financial Planners should ask

We’ve seen all the trade press citing 60% of advisers not having the educational minimums under the proposed federal government framework. I agree many will embrace change. Some begrudgingly. Whether the legislation and creation of the independent body is enacted or not prior to the next federal election, the industry has moved. What will be […]

What do clients value most about financial planning?

Griffith University is updating research on the benefits of financial planning for clients, to highlight the reasons that clients stay with the planner over the short/long term and the value that they get from establishing and maintaining a relationship with their financial planner. If you are a client of a financial planner, or run a financial planning business […]

A Founders Passion and Vision

A Founders Passion and Vision Having read a recent Seth Godin — Dumb down and scale up blogI reflected on many of the businesses we support. What are the implications of society’s definition of “growth” on their passion and vision? Why was the business originally created? People start a business because they believe in something The ability to […]

Small Firms – Why it’s hard to attract and retain the right talent!

Attending the recent Conexus Financial Business Practice Forum in Sydney recently gave me further insight into the the operation of many businesses. I was given the opportunity to share some of the findings from our study conducted with Griffith University. So what did we share that was the challenge with scale (or lack thereof?) Attraction of Quality Staff We will see […]