Adam Tucker I agree, transparency is extremely important. I've agreed to give Simon another interview and you should be reading it here in Professional Planner mid next week - thanks for your interest! In the meantime let me say that we are committed to help breakdown some of the negative perceptions of the financial advice industry that are becoming so wide-spread and entrenched. Through our work benchmarking and collecting data on the experience of clients working with superb financial planners, we have seen first-hand how financial advisers transform the lives of their clients. For some time it has weighed on us that the data we have forms a story that is so rarely told and so, because we have evidence that supports the value of Australians engaging in financial planning with great financial advisers, we are doing our bit to get the message out there using the tools and resources we have. There's a lot more to talk about so please stay tuned. Thanks for your comment. Meet Australia’s most-trusted financial planners. How do you become one of them?
Matthew Walker This is an excellent initiative, however I do wonder how they can make such claims about having he best of the best if they do not consider any advisers outside of the ones that have paid for their services.
Can they really justify their claim to be the most trusted in the industry?
Perhaps if they had a broader sample... Meet Australia’s most-trusted financial planners. How do you become one of them?
Matthew Ross Hi Simon,
“We’ve done this for a number of reasons, which I won’t go into, but principally because we can."
Can you have another interview with Dr Tucker and get him to go into the reasons why. So we can better understand the drive behind this initiative. You know, transparency. That's what builds trust.
Be great to also know....
What % of this list are aligned or linked to a product provider (from the business names on the list, it looks like zero, but is this correct?
What % of this list charge fees based on a % of FUM. Some people have a major problem with this method of charging.
What % of these advisers satisfy the definition of independence under s.923A of the Corporations Act - so what % of these advisers are truly independent.
Super article. Very interesting. Let's keep the conversation going... Meet Australia’s most-trusted financial planners. How do you become one of them?
The Australian financial planning industry is evolving and going through lots of change.
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