It’s a given that clients want their financial adviser to be an expert – wisdom, knowledge and industry experience is par for the course. But what about the other personality traits and ‘soft’ skills of a great financial adviser? Former AMP Horizons director Tim Steele once described the attributes needed to succeed in a financial planning role as a love …
Please check out my latest 2 minute Vlog – Due Diligence: When do you do it, and why?
There’s much to be learned about business from a qood quality Netflix series. ‘The Crown’, the network’s popular TV series exploring the life of Her Majesty Queen Elizabeth II is no exception. Why? Because the British Royals obviously spend a great deal of time thinking about succession plans. Just like any successful business, one of the world’s grandest and longest …
Please check out my latest Vlog – What Makes a Practice More Valuable? Chris Wrightson. Founder and CEO at Centurion Market Makers, the industry experts in the sale, acquisition and management of financial planning firms. If you’re planning on selling your firm in 2017, we’d love you to call us for a confidential discussion, or continue browsing our website for …
Once the playground of teen Instagrammers and sexy fashion brands, social media is now everyone’s business. Whether it’s for boosting your SEO or building strong and engaged client relationships, social media is an important tool for financial advisors. With 49% of Australians aged between 40 and 49, and 37% of people aged between 50 and 64 using social media, communication …
Many people are searching for ways on how to find practice for sale but it’s really difficult to find one since there is no eBay, no public billboard and never publicly advertise. Below are the tips for finding Practise for Sale: 1. Let everybody know that you are in the market to acquire. 2. Knock on the doors 3. Reach …
The stereotypes and media narratives about millennials are legendary. They’re selfish. They’re lazy entitled narcissists who still live with their parents. It’s the ‘Me Me Me’ generation. They spend all their time on Facebook and Snapchat and they need to be ‘parented’ to do the right thing in the workplace. But a recent Australian survey, Investing in Millennials, debunks many …
As the classic saying goes, if you’re not green and growing, you’re dead and dying. In an age where disruption is the new ‘black’, financial planning advisers and wealth management companies that are not on the innovation curve may find themselves a step behind the bold, disruptive players. With Fintech businesses and new software applications on the rise, the financial …
When you’re selling your financial planning practice, it’s easy to let emotions get the better of you. You may have spent years or even a lifetime growing your planning firm, and it is probably your most valuable asset. Unfortunately, many financial planners leave money on the table when the times comes to put the business up for sale – either …
Are you a baby-boomer financial planning advisor thinking about succession planning? Perhaps you want to acquire a financial planning practice as part of your growth strategy? Or maybe you’re going through a corporate breakup and it’s time to take stock. Whatever the reason, knowing the value of your firm, where you stand in the marketplace and what to expect from …
