Without appreciating or accounting for nuances in the multitude of modern day investment types, opportunities are missed for optimal portfolio management according to Invesco’s Ashley O’Connor.
The democratisation of alternative assets into retail markets is nothing new, but the fact that it is accelerating brings into focus the risks that are now being acknowledged by investment management teams.
Two big factors make the case for investment in a financial advice business – or one that supports the industry – compelling, the Brisbane-based PE purveyors believe.
The pace of change may be “tepid” but more women are investing than ever, and the research confirms this benefits both individuals and the broader society. They’re also better at investing than men, and rapidly becoming a specific target market for investment product providers.
The industry’s struggle to identify new talent is likely to continue, but the outflow of advisers has slowed considerably. And there are plans to source talent from other corners, according to the FAAA.
It was a year that saw private capital become cool and asset consultants become kings. Advice reform continued to plod its clunky path, while the Dixon’s scandal lingered through the much-derided CSLR program. Through it all, surging demand and resilient investment markets fuelled a robust year for advisers, with their businesses streaking ahead of licensees in terms of profitability and value.
The first thing advisers need to remember, Cerulli notes, is that almost half the intergenerational transfer won’t event be intergenerational, it will be horizontal or intra-generational because it will be passed on to spouses.
What the Brisbane-based lower-mid tier private equity group is pulling off is emblematic of the success private equity players are enjoying in recent times. But each PE player has their own unique strategy that largely defines just how well they’re doing.
Clients are infinitely more informed in the digital age, but that doesn’t necessarily mean they know how to discern the useful information from the misleading. Addressing this divide is the role advisers will need to embrace as the new era unfolds.
The government’s plan to offer more flexibility around simple and scoped advice dovetails well with the advice format consumers prefer, according to new research from Investment Trends.
