“Advisers risk becoming ‘out of touch’ with the next generation”

Jun 1, 2021 | Financial Services

Last month, five children of existing clients became clients (four girls and one boy if that proves anything?). No clever marketing tricks or big inheritances. In most cases they just decided they wanted to save some money and their parents kindly pointed them at me. They didn’t have to see me, as I’m still not seeing anyone, which may have helped; and a management consultant’s cost-benefit analysis would doubtless have told me that I lost, rather than made money overall. That doesn’t matter. It’s the future, embrace it or lose it, fellow advisers.  

Read more here

alexis brown Xv7k95vOFA unsplash scaled
“Simon Evan-Cook: FCA must wake up to consolidation damage”

“Simon Evan-Cook: FCA must wake up to consolidation damage”

This is where I can don my ‘been around the block, seen it all before’ mantle. What’s happening in our business/industry/profession at the moment is a lot of what’s become known as consolidation, big companies, many fuelled by private equity, buying up smaller firms or taking over the clients of retiring advisers.