2023 Advice Practitioner Summit

Relaunch of the Stella Network initiative to support more women in financial planning.

Retirement Solutions

The Retirement income Covenant has forced super funds to move their focus from accumulation to retirement – which has great implications for advice.

A big question that many advisers ask – should they stay with a licensee or should they go for their own AFSL.

Following the Royal Commission – many advisers had to find new licensees as the bank-owned groups dissolved. Some went their own way while others found new groups. Four years on, there is some restlessness from both sides. We talk about the good, the bad, and the ugly of each.

Quality of Advice – Best interests.

Whether or not the proposed removal of Best Interest duty makes it through – it’s certainly opened the discussion. If it was no longer legislated - how will the replacement of best interests work in a practical sense? How do you implement it into your process? And what will AFCA’s view be on advisers working outside it.

Quality of Advice - Education.

What are the implications on education following the Quality of Advice Review?

Building internal investment teams – the rise of the asset consultant.

As many planning practices contemplate bringing research inhouse we look at how you use external research – particularly macro research to make it relevant for your clients and their investments. For practices looking at setting up an internal team – we consider the function of the team, who needs to be on it, how regularly they should meet, what are the issues they need to discuss, how you afford it in your business and using asset consultants to your best advantage.

5 ways to protect your business from scammers and cyber-threats.

Practical things for advisers and business owners. This session is designed for practitioners to leave with ideas they can implement immediately on their return to the office.

How to get the most from the solutions you already have? When to use digital advice solutions?

Growing your business significantly will usually mean merging or acquiring another practice – what you need to know in doing this successfully. What is best practice, how are businesses achieving growth in this market.

Whether it’s for expansion or succession planning, many advisers are looking to investors for an injection of cash. But what are investors looking at when it comes to putting money into financial planning practices. Licensees are looking to invest in practices and make money from an equity share as it becomes harder to make money with licensee services. Overseas investors are seeing value in financial planning practices too – we discuss with investors what they are all looking for to find out if they are all looking at the same valuations and the same type of practices.

The biggest issue for most advisers is meeting client demand. We look at how you find new advisers, how to onboard them successfully, and how to become an employer of choice. Ogilvy – one of the world’s leading advertising agencies is a talent driven business that knows people are its money makers. This means keeping them happy and engaged is vital in the success of the business. Learning how to build a company where people want to come and stay is what this session is about.

Taking care of your mental wellbeing.