'We're not here to serve everyone'

Host Maja Garaca Djurdjevic is joined by Corey Wastle, the founder of independent financial advice business Verse Wealth, to talk about the adviser exodus and why proactivity matters. Corey and Maja attempt to answer one of today's most prominent questions — how to attract new entrants into the industry. Corey talks about raising the awareness of advice as a career choice, why existing advisers need to be more proactive in spreading the word, and the techniques Verse Wealth uses to hire new staff amid increased competition for fewer advisers. Corey also touches on why he believes that professional advice firms like Verse need to acknowledge that "we're not meant to be here to serve everyone". "Not everyone can afford to have a professional financial adviser in their life. I think we need to be able to offer advice in different ways, in lower-cost ways, in more innovative ways," he says. Tune in to hear more.