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Last week’s post ended with this potentially worrying image showing how the pool of attractive clients has the potential to shrink in the post-RDR landscape. Whilst research shows that 4/5 High Net Worth (HNW) individuals are willing to pay for financial advice, many of them say that they prefer a ‘pay as you go’ approach, …
No-one with even a passing interest in the wealth management industry will be unaware that the Retail Distribution Review (RDR) is looming and whilst there are many opportunities to be seized, no-one should underestimate the seismic changes that are about to hit financial advice. Certainly, once the new year revelry is over there might be …
What matters most to investors? Growth, security and income all come high on the list, of course. But what about the emotional side of investing? Isn’t a critical part of an adviser’s role to try and reassure clients when markets spike – to convince them that a longer term strategy is correct and that the …
It may not have quite the excitement of an assault on Everest, but we are looking forward to RDR causing some new opportunities and, dare we say it, providing some new inspiration to counter all the hard work.. and potential difficulties that have come along too. Much has been made of the importance of client …
A person’s relationship with money can get complicated. You don’t need me to tell you that. Many of you are financial professionals with first-hand experience of how complex financial advice can become. It’s not just the mechanics that are complex, either; it’s the way people think – and feel – about money that matters too. …