FINANCIAL SIMPLICITY THOUGHTS

It’s time to focus on the end game…

By | October 22nd, 2019|Categories: Being In Business of Wealth Management|

With so much industry, consumer and regulatory change on at the moment, many firms may benefit from taking a step back and looking at what is going on, and consider the end game (or at least as [...]

Excel may be the best portfolio management software in the world today, however….

By | October 16th, 2019|Categories: Portfolio Propositions|

We see a lot of private wealth management firms that use excel as the basis for modelling and making decisions on client investment portfolios, and see some distinct commonality in their journey, which is typically: [...]

EY Banking and Financial Services Royal Commission Briefing – Some Key Points

By | October 9th, 2019|Categories: Being In Business of Wealth Management|Tags: |

Congratulations EY on a to the point and informative web briefing on the Banking and Financial Services Royal Commission. Some really key points that I noted that are relevant in wealth management: Fee for service [...]

Is client centric portfolio management the ONLY sustainable advice business model ?

By | October 9th, 2019|Categories: Business Model Considerations|Tags: |

Plenty of discussion post Royal Commission Question of viability for fee for service advice model without conflicted remuneration Questions of advice renewal, whether see value of it Question of whether consumers will pay for advice [...]

There are no products only services

By | October 9th, 2019|Categories: Portfolio Propositions|Tags: |

I read somewhere recently: Products are rapidly evolving into services, these are more connected to customers ecosystems and provide holistic experiences that are meaningful beyond the product/touchpoint. Creating products that live in isolation are progressively [...]

Repurpose – Is portfolio compliance a state or a process?

By | October 9th, 2019|Categories: Portfolio Propositions|Tags: |

Wednesday - send out  Heading - With increasing regulation requiring firms to define what client portfolios ‘should look like’, this is theme for 2017 Twitter -  With increasing regulation requiring firms to define what client portfolios [...]