Why do so many advice firms confuse management with leadership, and what does it take to build a business that lasts? Jim DeCarlo argues the answers start with integrity, clear purpose and knowing whether you are even in the right forest.
The great inter-generational wealth transfer is not something that’s imminent, or on the horizon; it’s happening now, and advisers need to get to grips with it.
Leadership in wealth management is not a fixed trait. It evolves with markets, technologies and the shifting expectations of clients and staff.
All verticals in commercial real estate have become problematic in the last five years, but there remain pockets of opportunity. Figuring out which of those pockets present the best path forward is the real challenge.
After witnessing the evolution of the US advice market, David Leon knew his Australian clients would want product and advice to be separate. It’s why the Adelaide adviser was so surprised the Hayne Royal Commission took so long to come about.
