Up to 70 per cent of Baby Boomers’ combined $3.5 trillion net worth, or $326,000 per household, is set to transfer to Gen X children and Millennial grandchildren.
Kick-start your succession planning and win the next generation of clients with engagement and advice service models to combat cultural shifts and changing customer needs.
In this session, we will cover:
Is your tech stack sparking joy? Many practices lack a deliberately chosen tech stack, which could be a drag on efficiency and client satisfaction. Critically, it could mean your clients’ confidential data isn’t secure — unacceptable with cyber criminals lurking everywhere.
We will show you how to take stock and simplify your tech stack by discarding what doesn’t work and choosing a place for what’s left.
In this session, you’ll learn:
In this highly visual session, Padua co-founder Matthew Esler will be highlighting the advice generation requirements of advisers in terms of business-as-usual advice and advice aiming to enhance practice efficiency. In this presentation, Matt will provide the key to ensuring you’ve got an effective advice generation capability that effectively combines digital capability with your internal human resources.
Join this session and unlock the potential of Scientiam’s cutting-edge technology. Learn how we can help advice firms expand their reach and transform their businesses to keep up with the ever-evolving digital landscape. Discover the key to engaging the next generation of consumers and monetising your knowledge rather than relying solely on product sales. You’ll gain valuable insights on consumer trends, digital engagement, and the future of advice firms, allowing you to stay ahead of the game and stay relevant in the coming decade. Don’t miss out on this opportunity to take your advice business to the next level with Scientiam.
What’s key to running a profitable, sustainable advice practice long term? We bring together a panel of advisers who have been there, done that, or are doing that, to provide tips for making this happen.
In this session, we will delve into:
Hear direct from Warren
Join Hans Egger from AstuteWheel as he discusses:
The Optus and Medibank data breach episodes sent chills across all businesses and these incidents won’t stop. Advice practices are vulnerable like any other small business and the price of ignoring cyber security is too high.
This session will offer a step-by-step guide on how to fortify your business against cyber attacks.
Key points to be covered:
The regulatory burden has led to a growing accessibility and affordability crisis in financial advice, but could digital advice provide the solution?
In this fireside chat, the CEO of the FAAA joins our editor to chat about the increasing affordability and accessibility issue, and why digital advice is critically important to ensuring more Aussies access advice.
Ms Abood touches on the Quality of Advice Review (QAR) and how parts of it could facilitate the delivery of quality advice to those who need it most.
Join us as we delve into the launch of the Australian Digital Advice Association, a groundbreaking initiative aimed at driving regulatory change and enhancing the delivery of digital advice solutions.
The association’s founders – fund manager Abrdn and firms Ignition Advice, and Money GPS – join our panel to discuss their goals, as well as how a unified and co-ordinated voice for digital providers can revolutionise the industry.
Among its many recommendations, the Quality of Advice Review (QAR) suggested digital advice providers be exempt from the duty to act in the best interests of customers, and instead be subjected to a new duty to provide “good advice”.
Encouraged to launch the association by both QAR reviewer Michelle Levy and Financial Services Minister Stephen Jones, our panellists detail how digital advice aligns with QAR recommendations to deliver advice within safe parameters.
Discover the reasons why digitally enabled, fully compliant personal advice propositions are the future, alongside:
Hear direct from George
Many Aussies are ready to fork out money for gym memberships but not financial advice. Why is this? The answer may lie in the focus on client experience and building a sense of community.
The fitness industry has enhanced client experience through welcome packs for members, building communities in-person and online, running challenges to engage new and existing members, and celebrating milestones. It’s also very good at educating the public about the importance of fitness through reality TV shows, podcasts, social media influencers, and online video tutorials.
How can the financial advice industry mirror these techniques to become financial coaches, lift engagement and financial literacy, and push more Aussies to seek advice?
In this session, we will explore how advisers could engage clients at a deeper level by:
