There was an interesting webinar (they’re the thing now) discussion this week on the post-viral future of financial advice. The essence was that there’ll be less of us as we’ll all continue Zooming and Skyping, so won’t need to be local anymore. Other professions don’t spend their time driving around to see clients; we only do it because it’s what The Man from the Pru used to do. So instead of being firms of advisers which use technology, the survivors will be tech firms which happen to give advice. Hmm. I’d say a bit of both will always be needed. But who knows? Answers on a postcard, please…
“Letter of authority: Why now is the right time for change”
This may sound like a non-issue from outside the world-of-financial-advice bubble. It is the bain, however, of the daily working lives of many of us, particularly of those paid by we advisers to do the dirty work of dealing with the many providers with whom we have to work.