Advice Evolution - Non Weekly Update

Let’s learn about Charmaine Hall of Unbound Financial as she shares her background, passion, and interesting facts. She also speaks briefly about his work environment in Wangaratta, how his fast-growing solo practice operates, and what he enjoys about building a community-driven advice business. She discusses his coolest and most memorable advising strategies, her approach to fee models, and how she is incorporating AI into advice delivery, workflows, and client experience while balancing strong privacy and data custody considerations.

In this episode, David shares key updates across the business, including developments in AI and advice processes, compliance expectations, and file quality improvements. He highlights important regulatory updates such as the CSLR levy, AUSTRAC requirements, and AFCA insights, while reinforcing the need for strong documentation and defensible advice.David also covers market conditions and client communication, hiring and offshore support considerations, VBP updates, and upcoming PD Days and conferences. The episode wraps up with internal updates, including Adviser News changes, team initiatives, and ongoing efforts to improve efficiency and collaboration across the group.

In this episode, David shares key business updates, including AE Group’s 15-year milestone, along with important compliance reminders and practical guidance for advisers. He also covers audit improvements, client reviews, cybersecurity, and offshore support, while highlighting industry risks and the importance of strong documentation and a long-term approach during market fluctuations.

In this episode, David shares insights from the recent Advice Summit held at the National Press Club in Canberra, along with key industry developments, regulatory updates, and opportunities ahead for advisers and the profession.

This update announces the release of AE Group Podcast – CEO Update #69, where David Harris shares key business, compliance, and team updates for all advisers. The episode covers upcoming CPD and Ensombl PD Day reminders, regulatory and training updates (ASIC, AML, succession planning, cyber insurance), tech developments (AI tools, Worksorted CRM), and team news (new hires, transitions, and conference highlights). It’s a comprehensive catch-up on everything AE advisers need to stay informed, compliant, and connected.

In this episode, David covers a range of important updates and reminders for all advisors and team members, including:Contribution cap checks – A timely reminder as we approach EOFY: to carefully monitor client contribution caps to avoid breaches and potential regulatory issues.Cowell Clarke portal for reporting (soon to be implemented) –introduction to the use of the portal for reporting complaints and self-reporting breaches to support streamlined compliance processesOngoing fee arrangement templates – Advisors to review and begin implementing the new templates to ensure compliance with current requirements.FSG to WDI transition – templates are being finalised and will roll out soon. Advisors are encouraged to consider moving from FSG to WDI, with support available to assist practices in updating their templates.Intranet document accuracy - get in touch with Iah ([email protected]) if you come across any incorrect documents on the intranet so they can be addressed promptly.Payrix rollout – Brooke continues to oversee the rollout of Payrix, which will replace Payway and Revex to improve payment processing and tracking.Fintegrity Worksorted – Fintegrity advisors to prepare for the rollout of the Fintegrity Worksorted solution to enhance practice management.Advice Evolution pay cycle options – Advice Evolution advisors who wish to switch to fortnightly to notify managementAI file notes – Advisors are asked to explore AI file note options to improve meeting documentation, accuracy, and compliance.Education requirements – A reminder for advisors who are still working towards education requirements to ensure completion before the 2026 deadline.PD Day attendance – Advisors are reminded to attend the PD Day on 16 July in Sydney at the Betashares office for professional development and networking.Use of SMAs – Advisors to review their use of SMAs to avoid unnecessary complexity and ensure ethical, efficient portfolio management.Model office process – Brooke and David will develop and share a model office process designed to support single-advisor practices.Technology and cybersecurity – Advisors are encouraged to review their technology stack and upgrade cybersecurity measures where appropriate.Secure document distribution – Advisors are reminded to transition away from using email for sending sensitive client documents, to enhance data security.Board appointment – Mort Wagner has been welcomed to the board and will focus on technology and investment decisions. 

In this episode, David Harris discussed about:Professional Indemnity InsuranceUpcoming ConferenceComplianceMarket situationSMA’s and PortfoliosClient feesPD Day in SydneyEnsomblPortals for sharing filesCyber risk securityUnit trust auctionRegulatory obligationFinancial services industryThanks for listening and happy streaming!To keep you updated to all of AE podcasts, visit our AE Intranet >>>https://sites.google.com/view/adviceevolutionintranet/ceo-updates/podcasts

In this episode, David Harris discussed about: Statement of variation Website Disclosure Information - is live Ongoing Agreements Compliance feedback Training ideas Site Visit feedback Insignia - Private Equity Takeover Changes for new year (watch this space) 2025 Conference will be in Darwin Hilton Office Closure -  20 Dec 24 to 3 Jan 2025 New ongoing agreement template Sydney Catch Up on 29 JanuaryMerry Christmas, Stay safe, spend quality time with family, and enjoy giving lots of presents!Thanks for listening and happy streaming!To keep you updated to all of AE podcasts, visit our AE Intranet >>>https://sites.google.com/view/adviceevolutionintranet/ceo-updates/podcasts

In this episode, David Harris discussed about: 2024 Brisbane conference post-update Adviser group chat in Zoom channel Office closed: 22nd December -  6th of January Financial outcomes from Stephen Jones Acquire new clients Audits Site visits Next year's conference: September in Darwin. Tech tips PD Day: March in Melbourne Online training Peer groups AI Google recording Cyber risk ROA ASIC Thanks for listening and happy streaming! To keep you updated to all of AE podcasts, visit our AE Intranet >>> https://sites.google.com/view/adviceevolutionintranet/ceo-updates/podcasts

In this episode, David Harris discussed about:  The iExtend license. FSG. End to End Team and the AE Direct Team. He shared his insights from the VBP conference and had the opportunity to catch up with the team in Cebu. Compensation Scheme of Last Resort (CSLR). The importance of cyber insurance. The new team member Clifford, our new bookkeeper. Brisbane conference.

In this episode, David is joined by iExtend’s Head of Distribution Protip Dasgupta, and the Head of Alliances, Mark Stubbings who then announce that iExtend has finally been granted a license to offer financial services products and to provide general advice in Australia. iExtend also briefly discussed who they are, and what are the benefits their products could offer to the advisers and their clients (e.g. allowing customers to co-own their policies with the company, reducing their premiums and providing an alternative to cancellation) To know more about iExtend’s offering, advisors are encouraged to reach out to their distribution managers for support and assistance.  https://iextend.com.au/about-us-2/

In this episode, David Harris discussed about: * Education pathway initiative for financial advisors * Increased oversight by superannuation trustees, and concerns about Financial Disclosure Statements. * Recent merger of the SSHH Unit Trust and Fintegrity Wealth * Fintegrity Wealth’s advisors were set to attend the Advice Evolution Conference. * CPD Program success in enhancing advisor knowledge and aligning advice with the client objectives * Businesses underlying risks in emails and online correspondence * New team members Gmirah (GM) the new executive assistant and Jeff Haydn as the new Head of Advice * iExtend

Quick recapThe Professional Year program within Advice Evolution was discussed, with Noemi and Mimi providing insights into the application process, qualifications, and requirements for new financial advisors. The structure of the Professional Year (PY) program, including training and independent activities, was clarified, as well as the process for accelerating the PY and the benefits of the program. The importance of open communication, effective relationships with peers, and maintaining contact with senior advisors were emphasized as key elements for success in the program. For more information,  please contact:Mirasol Bontilao+[email protected] Noemi Isip+[email protected] Don't miss an episode!Follow us on Spotify >>>⁠https://open.spotify.com/show/5tgRHvcuKmrWqyK9VgMXvP?si=4e09bd272dbc4ebd⁠Visit AE Intranet >>>⁠https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts?authuser=0⁠Enjoy streaming! 🎧

Quick recapBrad shared his personal background, career journey, and his approach to working with diverse clients, emphasizing the importance of strong relationships and a fee-based model for their services. He also discussed his transition from coaching soccer to netball and his future concerns, including scaling back his work, travel, and retirement.Don't miss an episode!Follow us on Spotify >>>⁠https://open.spotify.com/show/5tgRHvcuKmrWqyK9VgMXvP?si=4e09bd272dbc4ebd⁠Visit AE Intranet >>>⁠https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts?authuser=0⁠Enjoy streaming! 🎧

Quick recap Introducing John Saunders, an aged care specialist, from Scotland Island. He discussed his own professional journey. He emphasized the importance of financial planning in aged care, particularly for small to medium-sized businesses, and offered expertise in aged care to advisers. John also detailed his fee regime, business, and the recipients of his campaigns, as well as his experiences and perspectives on the Aged care and real estate industries. He concluded by discussing the importance of providing specialised financial planning services and shared a case study about a client. He also shared his hobbies, leisure activities, and professional aspirations, expressing his openness to advisers reaching out to him for his expertise. JOHN SAUNDERS [email protected] (02) 8090 1452/ (04) 3306 6000 Don't miss an episode! Follow us on Spotify >>> https://open.spotify.com/show/5tgRHvcuKmrWqyK9VgMXvP?si=4e09bd272dbc4ebd Visit AE Intranet >>> https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts?authuser=0 Enjoy streaming! 🎧

Quick recap Andrew Formica, the Executive Chairman of Magellan, shared his career journey and belief in active management. He discussed the challenges faced by Magellan and his strategy to boost morale and re-establish communication with clients. He also emphasized the importance of fees as a value add in the investment industry and mentioned the company's strong investment commitment. Magellan's website: https://www.magellangroup.com.au/ Magellan's contact: https://www.magellangroup.com.au/contact-us/ Don't miss an episode! Follow AE podcast on Spotify >>> https://open.spotify.com/show/5tgRHvcuKmrWqyK9VgMXvP?si=e67080f43cf548cb AE Intranet >>> https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts?authuser=0 Thank you and enjoy streaming!

Quick recap David Harris introduced a new initiative called the 'End to End process', which aims to revolutionize the way administrative services are conducted within the practice. Ginelee, who is in charge of this initiative, confirmed its smooth operation and shared her personal details. They discussed Ginelee's experience working in the industry, and the possibility of her becoming an adviser. The cost of the services is also mentioned. Toward the end, they discussed the process of preparing client reviews and providing ready-to-read materials to assist clients. For End-to-end Process Inquiries please reach out to Gi >>> Email: [email protected] Zoom: [email protected] Mobile: (02) 7227 8718 We look forward to hearing from you. Don't miss any AE podcast episodes! To keep you updated, please visit our AE Intranet >>> ⁠⁠https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts?authuser=0⁠⁠ Thank you and enjoy streaming.

Episode content: Education Program Overview CPD tracking Russell PD Day on 27 March Ensombl PD Day 9 May 2024 AE Conference If you have any questions, please feel free to reach out: • [email protected] • [email protected] Don't miss an episode! Visit our AE intranet to keep you posted. AE Intranet >>> https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts?authuser=0 Enjoy!

Let us get to know the first PY graduate of Advice Evolution, Corey Kovac as he shares his personal life and his experiences with Forbes Financial in Adelaide. Corey discusses his journey as a financial adviser, his approach to client meetings, and his charging methods. To keep you updated on all of AE podcasts, visit our AE Intranet >>> ⁠⁠https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts?authuser=0⁠⁠ Happy streaming 🎧

Quick recap David covered a range of topics including congratulating Corey on being the first PY graduate from Forbes Financial in South Australia and announcing plans for a podcast to discuss his experience and learnings. He also discussed service improvements and future plans, emphasizing the importance of well-articulated objectives in the financial plan and cybersecurity in businesses. Changes to the CEO sign-up process, improvements to file management, and invoicing issues were also discussed. CEO Update Summary >>> ⁠https://docs.google.com/document/d/1S72ml-HX7z12UK6B4s_habXUsKk8_MINrT-tw60ayFw/edit?usp=sharing⁠ To keep you updated to all of AE podcast, visit our AE Intranet >>> ⁠https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts?authuser=0⁠ Happy streaming!

Let's get to know AE's dedicated FPA, Nins, as she discusses her personal life and recreational hobbies. She also talked about her favorite tasks, what she appreciates most about her profession and her future plans.

Let's get to know Drea better as she discusses her personal and professional experiences. She discusses her role in Advice Evolution as well as in Tweed Financial. She discusses some of her favorite tasks and things she enjoys about her career. She also discussed some of her hopes and goals. Don't miss an episode! Stay up to date by visiting our AE Intranet >>> https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts/the-inside-word?authuser=0 Enjoy!

In this episode, Pia, from the Advice Evolution Support Team discusses her professional and work environment. Let us get to know her as she speaks about herself and her aspirations. Don't miss an episode! Stay up to date by visiting our AE Intranet. You may click on this link: https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts/the-inside-word?authuser=0 Thank you!

In this episode, Stu discusses how he started into advice and his business fundamentals. He also provided some amusing facts and details about his personal life. Don't miss an episode! Stay up to date by visiting our AE Intranet. You may click on this link: ⁠https://sites.google.com/view/adviceevolutionintranet/ae-updates-and-podcasts/the-inside-word?authuser=0⁠ Thank you!

David Harris with Mark and Protip from iExtend

Episode content: 2023 Look back The Education Process for 2024 Fee Increase End-to-end process & IFF modeling tool Quality Advice Review ROA system Compliance Communication

Let's learn about Jason of Set4life as he shares his background, passion, and interesting facts. He also speaks briefly about his work environment, its setup, and what he enjoys about it. He discusses his coolest and most memorable advising strategy, fee models, and incorporating AI in advice.

Jacky from Lifetime Financial Group shares her roots, passion, and interesting trivia to help us get to know her better. She talked about her role in LFG, the setup of her workspace, and her favorite aspects of her profession.

Get to know Grets and what she enjoys about advising. In this episode, she will also discuss how she gets into the advice and how it connects to some of her life passions.

In this episode, we will discuss: PD Day in Sydney (Ensombl) AE Advisers Catch-Up Melbourne Visit 2024 Brisbane conference SSHH Unit Trust AGM & GM SOA (Advice Objectives) Training Breaches Christmas Thanks for listening!

Get to know Townie as he talks about a little something about himself and his advising styles and strategies.

Let us hear from Kristy as she discusses her personal preferences, hobbies, and her journey from admin to advising. She also talked about her coolest strategies and what's next for KmacD Financial.

Matt from Oakwell Financial Advice, North QLD, talks about his experiences in running the business, some of his personal stuff as well as interests, hobbies, and studies. He also describes what he likes about advising and his perfect client.

In this podcast, we will discuss: Licensee Summit Conference, Immigration, Streaming, and recording Gala Dinner Philippines experience Business Planning, know your numbers.  Agreements, Average fee, Cost to serve, Profit End-to-End Process ALRC report C QAR Education requirements Inside Word Corey, Troy Wilkinson, Susan, Hock, Gary, Tim, Stuart

Maiti who works in United Planning talks a little about his culture, his advice journey, interests and hobbies, and life in Sydney.

Reegan Wass of Cox Financial, talks about advice, a hot off-the-press update about the business, and life in Townsville.

EO Ensombl ALPD Day Recap

Andrew Collis of Prospero Financial Planning, previous Adviser of the Year of Advice Evolution talks about advice and life in Melbourne.

Now you can outsource Risk insurance and keep it within AE Reach out to the team to get added to the Zoom group

Ash Montesin of Regional Financial Solutions, AE Adviser of the year talks about advice and life in Forster

PD Day 3 May, Melb Conference - not toooo lateQARGovernmentIffWelcome, Matt C, Matt H, Matt M, GretelGraduates - Striver.....Site VisitsAudits - MimiCapital raising, share offers"The Inside Word"Fixed Term Agreements'PISurvey results and thanksSupport team tasks3CX

This episode covers the following topics: 1. AE Conference 2023 - RSVP 2. AE Graduate Program & Striver 3. Upcoming PD Day in March 2023 4. Adviser Referrals

CEO Update #56 Year in review Audits - over achieving and new system Conference in Cebu - RSVP and travel VBP conf Tax Practitioner Board - No more Model Portfoilio Ops team on Leave 21st to the 4th January - time to reflect CPD - get it done Grad Programme Pays - 21 December & 18th Jan Adviser Podcast QAR 16th CSLR Xmas New Year

This podcasts covers short and sweet conference update - Margaret River 2022.

In this podcast, Brooke is joined by special guest, Tahlia Webster as they discuss all things marketing. The four major points being explored in this episode include: Identifying your USP, knowing your target audience, and the importance of having a great Website & Marketing Channels. If you would like more information, please reach out to Brooke.

Individual licensing - FPA, PP.  Professionalism ALRC - 3 year to presentation, 10 year to deliver, Sept 22, Nov 23 (Final) Website now QAR - Michelle Levy. Low hanging fruit 1. Advice Docs 2. TMD 3. General Advice 4. Not having to give full advice 5. Language 6. Tax deductibility Adding value,  Remove fear of the regulator Finfluences Vertical integration Insurance commissions Mental Health Andrew Inwood and Core Data insights

Self Defence - don't be stupid Passive Defense - 2FA etc 11 Point check Trello for Gmail Cyber security uncut Servers are complicated and hard to secure Emailing bank detail!! 11 points to consider - Email to follow 1. firewall 2. Keep security up to date 3. Have a policy and insurance 4. VPN 5. Educate, Educate, Educate - Avoid stupidity 6. Safe passwords - Electronic 7. Back up 8. Anti Malware 9. 2FA 10. Protect your emails 11. Prepare for a brut force attack 12. Ha ha there are only 11

Focus App - Look at ways to focus your time Zoom Plug ins - Meeting minutes Metaverse Crypto, Bitcoin and Eutherian Crypto Wallet Lets be ready and educated to talk about the New web Influencers - are they bad or really good - 6 park Open banking Wholesale clients (PI) Plutosoft  Asendium Dash

Its all about Advice Fair, complete and without conflict We trust you XY PD Day and slides Code word Summits Cyber security Fee consent Complaints Referrals VBP awards Conference Roey going to VBP conference Tom Skidmore The Market - Fundy's can help Advice!! Travel for conference Peer reviews Reviews this month for ATMP Get your remediation done Paraplanning Equity stake??

In this podcast, David and Roldan were talking about Reviews and the New Review File Note to be able to help the Advisers for their review process.