Advice Amplified

We've had an incredible time producing Season 1 of Advice Amplified, and we're pumped for Season 2! Thank you to all of our listeners, and thank you to all of our incredible guests (in chronological order): Micky Johal BFP FCA, Sam Tate, Phil Blows, Martin Jennings, Asif Naidu, Edward Gascoigne, Mark Stringer, Mathew Grice, Charles Walker, James Anderson, Cameron Waldron, Jym Brown, Shaunagh Wilson, Tej Singh, Philip Calvert, Samantha Secomb FPFS, Tom Ham, Gary Shepherd, Shauna Mullin and Jon Hart. We're aiming to release the next season at the end of Q4 2024. How will it be better? What have we changed? The next season will be much more actionable and it will also be segmented into topics for easy listening. We're still looking for sponsors, so if you're interested, contact Pete Ridlington or Advice Amplified on one of our social platforms and we can arrange a package to help enhance your brand's reputation. - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Learn about the world of Open Banking and Open Finance with Jon Hart, the API Partnerships Director at MoneyHub Enterprise. In this episode, Jon explains Open Banking and how it empowers individuals to own and share their financial data securely. He explains the broader scope of Open Finance, which includes investments, pensions, properties, and mortgages, and discusses the potential for revolutionary changes in how we interact with financial services. In this episode, Jon and Pete discuss: 00:00 - Introducing Jon Hart 00:54 - Open Banking vs Open Finance 08:43 - Open Banking APIs and third-party aggregators 10:04 - Open Banking use cases 14:32 - Helping people to understand the APIs 16:55 - Fact finding 22:33 - MoneyHub’s purpose and mission 23:53 - Pensions dashboard 27:00 - Will it solve information requests and LOAs? 28:40 - Looking into the future of financial advice and tech - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Learn about the challenges and opportunities that arise from integrating new technologies with legacy systems. Shauna discusses the evolution of digital tools that assist financial advisers, emphasising the importance of intuitive and easy-to-use solutions to enhance adviser-client relationships; she sheds light on how regulatory pressures and technological advancements are shaping the future of financial advice, making it more accessible and effective. In this episode, Shauna and Pete discuss: 00:00 - Introducing Shauna Mullins 01:00 - Using tech to power-up client relationships 02:13 - What’s the approach to starting implementing new tech? 04:08 - The unusual tech landscape 05:24 - Does tech even help advisers, or is it a hindrance? 08:17 - How to keep up with tech and AI 10:18 - Decision fatigue in a crowded market 13:52 - Where are you going over the next five years? 17:12 - Metrics for success and the purpose of an adviser 19:00 - Modernising the fact find 22:46 - Intergenerational financial planning 26:18 - AUM percentage vs subscription based charging 30:00 - Bringing in new people into the industry 31:00 - What’s most exciting about he industry you’re in? 32:28 - What’s the biggest challenge to overcome? - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Gary shares his experience of capturing a majority of the market with fresh new tech, and discusses the transformative role of data in the financial services industry. From the early days of DOS-based applications to the modern era, Gary provides insights into the evolution of tech in finance and its impact on business strategy and growth. Tune in to discover how innovation and data have reshaped the landscape of financial planning and what the future may hold for the industry.In this episode, Gary and Pete discuss:00:00 - Introducing Gary Shepard01:01 - The history of financial software05:32 - Balancing the fear and excitement of tech12:07 - Creating a windows-based system for financial planning14:10 - The power of data and integrations22:22 - Ownership of data33:42 - How do we get the industry excited about new technology? - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Tom shares candid insights into the challenges and victories of growing a business that not only aims for financial success but also maintains a strong ethical backbone, treats its employees like family, and upholds a legacy of impactful service. Discover how Tom’s vision for a business built on integrity and care for both clients and team members is setting a new standard in the financial advisory world. Tune in to learn from Tom's unique approach to business growth, his dedication to creating lasting relationships, and his commitment to leaving a meaningful legacy in the financial industry. In this episode, Tom and Pete discuss: 00:00 - Introducing Tom Ham 01:30 - Differences between inorganic and organic growth 05:21 - Intention business plans vs emerging changes 09:05 - Tempering aspirations and the heart of Calton 13:41 - Pricing models 17:35 - Tech’s role in Calton’s journey 25:03 - Plans for growth over the next few years - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Sam explores the unique challenges and opportunities women face in this traditionally male-dominated industry. She discusses the significant impact of decreasing female representation, not only as financial advisers but also as empowered clients shaping the industry's evolution. Sam's insights highlight the need for more inclusive practices, urging a shift towards recognising and valuing the diverse talents women bring to the table. In this episode, Sam and Pete discuss: 00:00 - Introducing Sam Secomb 01:02 - What female career progression looks like 04:07 - Technical skills and relationship skills 08:47 - How to make financial service more attractive to women 14:59 - The birth of Women's Wealth 20:43 - Pricing models in financial services 31:00 - Why prioritise bringing in more women? 38:15 - How changes should we make to be more inclusive? 42:07 - Balancing out workforce and childcare - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Phil shares his wealth of experience on leveraging technology and traditional methods to enhance lead generation and client engagement in the financial advisory sector. With a focus on education, personalization, and the power of AI, Phil offers actionable insights and examples of how advisors can transform their practices to meet the evolving demands of clients. Whether it's embracing AI for customized content creation or returning to proven tactics like seminars for direct connection, this conversation is packed with strategies to navigate the changing landscape of financial advice. Tune in for an enlightening dive into blending old-school approaches with cutting-edge technology to build deeper client relationships and drive business growth. In this episode, Phil and Pete discuss: 00:00 - Introducing Philip Calvert 01:08 - Marketing change over time05:15 - Educating clients as financial advisers08:13 - Video communication and testimonials10:32 - Effective strategies for engaging clients21:39 - Crafting engaging quizzes and scorecards24:55 - Best applications of AI in marketing32:13 - Creating AI avatars34:32 - How to get started with AI and press releases39:20 - Successful old-school marketing techniques - ⁠⁠⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Tej Singh unpacks the intricacies of property investment, emphasizing the unique benefits of leveraging in wealth creation. He contrasts property with other investment forms, highlighting control and the potential for significant returns. Tej also shares insights into risk management and the strategic mapping of investment strategies within the property sector. Join us as we explore the nuances of building and scaling wealth through real estate, offering listeners valuable strategies for their investment journey. In this episode, Tej and Pete discuss: 00:00 - Introducing Tej Singh 01:07 - Property vs stock market overview 04:26 - Active vs passive investment 05:30 - Building a balanced portfolio 07:48 - Property investment strategies overview 11:01 - Tej's journey through strategies 13:22 - Property regulation and the FCA 15:53 - Buy, Refurbish, Refinance (BRR) explained 22:00 - When does property investment fail? 24:45 - Education, avoiding misinformation and scams 30:06 - Content creation and building a brand 33:57 - Should landlords exist? 38:35 - Future prediction for the property market 41:04 - How do advisers engage with younger audiences? - ⁠⁠⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Shaunagh, the Operations Director at eParaplan, navigates the evolving landscape of financial planning and technology, highlighting the imperative for adaptation to captivate younger audiences. She discusses the nuances of intergenerational wealth transfer, advocating for enhanced financial literacy and the pivotal role of advisers in mentoring and guidance. Shaunagh also explores how digital innovations and community-building online can serve as pivotal tools for advisers to stay pertinent and approachable, thereby cultivating a culture of financial awareness and empowerment among diverse age groups. In this episode, Shaunagh and Pete discuss: 00:00 - Introducing Shaunagh Wilson 01:05 - Engaging younger generations 04:40 - The boring, old stigma attached to financial advice 06:28 - Keeping low cost clients engaged 08:40 - Innovations around pricing structures 12:50 - Effects of efficiency and pricing services 14:33 - Effective processes from an outsourcing perspective 19:41 - Focusing on client experiences 21:57 - Platforms’ poor performance for many clients 23:10 - Modern adviser tech review 25:00 - AI’s role in the future of paraplanning 29:38 - Intergeneration wealth and introducing advise 30:57 - Attracting people into the advise industry - ⁠⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Delve deep into the heart of the financial advice gap with Jym Brown, a renowned author, PHD researcher, and Ningi's COO. Jym challenges conventional wisdom, drawing parallels between financial health and mental wellbeing, and proposes innovative solutions to bridge the advice gap. With his unique outsider's perspective, Jym unravels the complexities of consumer behaviour, technology's role in financial planning, and how social media can transform financial advice. Join us as we explore Jym's two-pronged strategy for making financial advice accessible, and discover how simple questions can lead to profound insights into improving financial health. In this episode, Jym and Pete discuss: 00:00 - Introducing Jym Brown 01:11 - What is the Advice • Gap Does it exist? 10:04 - Strengths and weaknesses of the financial literature 12:24 - How do we move forward? • Solving the Advice Gap 13:46 - Mental health’s relationship with financial health 16:24 - What needs to happen to affect this change? 18:09 - You are not a true disruptor • What does it mean? 23:46 - Reconciling exclusivity and wide availability - ⁠⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Delve into the intersection of science, research, and financial wellbeing with Cameron, owner of New England Financial Solutions. With his rich background in psychology and finance, he offers a unique perspective on how empirical evidence and scientific methodologies can transform our approach to financial advice. Drawing from his extensive research and practical experience, he shares insights into effectively providing financial wellbeing. Join us as Cameron Waldron unravels the complexities of financial advice, education and wellbeing through a critical lens. In this episode, Cameron and Pete discuss: 00:00 Introducing Cameron Waldron01:32 Financial wellbeing definitions03:37 The Financial Wellbeing Lab08:38 Building conversations • Emergency funds11:42 Financial skills vs financial literacy15:08 The advice gap doesn’t exist18:30 Different needs of urban and rural communities26:53 Intergenerational wealth transfer31:25 Misuses of science in the financial industry39:19 Critically evaluating research • Books are useless - ⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

In this episode of Advice Amplified, we explore James Anderson's transition from a traditional financial adviser to a pioneer in digital financial advice. James shares his experiences and insights on integrating technology in financial advising, discussing the shift in client expectations and the importance of digital solutions in the industry. He reflects on the challenges and motivations behind his move to digital platforms, providing a unique perspective on the future of financial advising that balances personalised relationships with technological innovation. In this episode, James and Pete discuss: 00:00 Introducing James Anderson 01:02 Why explore digital advice if traditional is so successful?  05:00 The process of kickstarting a digital advice journey 08:34 Key decision points for choosing the right provider 12:21 What was the next step in the process • What were the challenges? 17:55 Where will the industry be in another ten years? - ⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠

Dive into the world of financial recruitment with Charles Walker, CEO and seasoned recruiter. Charles shares his extensive insights on the evolving landscape of financial services recruitment. He discusses the need for support staff in financial advising roles and the impact this has on salaries and business structures. He also touches on the challenges and strategies in attracting top talent, emphasising the importance of culture, environment, and salaries in the modern workplace. Charles also explores the changing expectations of employees and firms, highlighting how remote work and hybrid models are reshaping recruitment. Additionally, he reflects on the future of financial services, focusing on generational wealth transfer and the crucial role of relationships in financial planning. In this episode, Charles and Pete discuss: 00:00 Introducing Charles Walker 01:15 Top tips for attracting retaining talent 03:42 Paraplanning and adviser recruitment 05:21 The power of personal recommendations 06:24 Spray and pray versus tailored approach 08:12 Young recruitment and retention 09:13 St. James’s Place recruitment strategy 10:03 Technical versus personal skills 10:41 Modern financial career path 11:40 Who owns the client? 13:21 Percentage or Subscription models 13:50 Growth and challenges in the market 15:06 Appetite for employed financial planners 16:41 How has recruitment changed over time? 19:10 The loneliest generation • The wealth transfer 21:41 Consumer duty’s effect on recruitment 22:30 Reasons why people want to quit 24:00 Working from home is as desirable as a high salary 28:17 The future of the recruitment and financial advice industry - ⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠LinkedIn

In this episode of Advice Amplified, join Mat Grice, Head of Product at Parmenion, as he delves into the challenges and opportunities within the financial advice industry. Discover how we can leverage data and technology to streamline processes, enhance client-advisor relationships, and reshape the advice industry. Matt shares his insights on the importance of seamless digital experiences, the evolution of advisory platforms, and the exciting future of integrating AI into financial services. 00:00 Introducing Mat Grice 00:55 Improving the relationship between clients and advisers 02:22 Pace of change in the financial industry 03:09 Improving communication 04:40 Transparency is the priority for user journeys 05:29 Encouraging collaboration between providers 06:20 How well do providers work together? 07:23 Why is data integration lagging behind in advice industry? 08:40 What role should the regulator play in tech? 10:01 Where will the industry be in in future? 12:46 Early uses of AI and tech in the advice process 16:16 Mat’s golden nugget of advice for platforms - ⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠LinkedIn

Deep dive into the evolving landscape of financial advising. Delving into the impact of macroeconomic shifts, the rise of private equity, and the role of AI and technology in shaping investment decisions. Mark Stringer provides a thought-provoking discussion on the future of financial practices. As we explore the shifting paradigms of wealth management and the generational transfer of wealth, this conversation illuminates the pressing need for the industry to adapt, innovate, and responsibly guide a new era of investors. In this episode, Pete and Mark discuss: 00:00 Intro 01:05 Private equity and manufacturing perspectives 03:11 Access to information damaging custodians of information 05:15 Self directed investors versus financial advisers 08:57 Engaging with future generations 11:08 Investment platforms and advisory models  13:09 Small companies supported by modern fintech • Regulations 15:50 Should financial tech be regulated? 18:18 Fear of modern tech replacing traditional advice 20:13 Are we at the peak AI hype curve? 24:45 The future of financial advice - ⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠LinkedIn

Explore the delicate interplay between technical expertise and client relationships, the evolving role of technology in planning, and the imperative for adaptive growth in the industry. Ed Gascoigne shares valuable insights on navigating regulatory shifts, enhancing adviser skills, and the critical importance of human touch in a tech-driven world. Tune in for an episode packed with forward-thinking strategies and personal reflections. In this episode, Pete and Ed discuss: 00:00 Introducing Ed Gascoigne 00:57 Consumer duty’s impact 01:31 Charging models for professional services 04:40 Which skills are relevant? 06:16 Interpersonal skills and knowledge gaps 08:13 Financial industry future predictions 10:46 Engaging with modern clients 12:51 Robo-advice with a personal touch 14:48 Regulation’s effect on bad actors 16:36 Future predictions and the impact of tech 19:28 Cash-flow forecasting vs the magic number 20:33 Financial planning and human redundancy 23:27 AI’s supportive role 25:18 Closing the advice gap with tech 26:56 Should financial tech be regulated? - ⁠⁠www.adviceamplified.co.uk⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠LinkedIn

Join Asif Naidu on 'Advice Amplified' as he shares the transformation journey of Fiscal Engineers, highlighting the strategic shifts and digital integration that led to unprecedented growth and efficiency. Dive into the challenges of scaling, the importance of data in decision-making, and the balance between technology and personalised service in financial advising. Gain insights into the future of financial services and the continuous quest for innovation and improved client delivery. In this episode, Pete and Asif discuss: 00:00 Introducing Asif Naidu 00:40 Fiscal Engineers’ journey 03:24 What’s the trigger point for transformational change? 05:20 Reviewing processes • Value points 09:25 Difficulties pioneering change 11:28 Technological vs organisational efficiency 13:24 Change effects on clients 14:32 The future of Fiscal Engineers and tech 16:47 Gradual and significant changes in financial industry - ⁠www.adviceamplified.co.uk⁠ - Follow Advice Amplified: ⁠⁠⁠Instagram⁠⁠⁠ ⁠⁠⁠TikTok⁠⁠⁠ ⁠⁠⁠YouTube⁠⁠⁠ - Follow Ningi: ⁠⁠⁠LinkedIn

We're thrilled to have Martin Jennings, CEO at Parmenion, as our special guest. Martin delves into the intricate world of financial platforms, discussing the crucial role of trust and the impactful use of technology in the financial advising landscape. He offers a deep dive into how financial advisers can effectively evaluate and utilise fintech platforms to enhance client experiences and outcomes. Martin also sheds light on the current trends and future prospects in the industry, providing valuable strategies for navigating the ever-evolving fintech ecosystem. 00:00 - Intro 01:00 - Welcome Martin Jennings 01:08 - Building a Platform 03:53 - Race to The Bottom • Price Can't Be Your Only USP 07:55 - How Do You Judge Cost vs Value? 10:55 - What's The Point of Rating Agencies? • Evaluating Service 15:20 - Irreducible Amount of Complexity 18:12 - Transfers • Prioritising Features 23:15 - Should Financial Advisers be Trusted? 27:04 - Unregulated and Untrustworthy Financial Advice 28:28 - The Advice Gap • Feature Function War 31:42 - AI and Machine Learning in Finance 33:57 - Doing the Basics Boringly 35:04 - How to Make Your Practice More Efficient and Effective 37:34 - Making Financial Services Simple - www.adviceamplified.co.uk - Follow Advice Amplified: ⁠⁠Instagram⁠⁠ ⁠⁠TikTok⁠⁠ ⁠⁠YouTube⁠⁠ - Follow Ningi: ⁠⁠LinkedIn

Delving into cryptocurrency and AI in finance, 'Advice Amplified' welcomes Phil, a pioneer in digital asset exchange and AI innovation. In this episode, Phil shares insights from launching AQRU to exploring new AI frontiers with StreaksAI, shedding light on crypto market evolution and the transformative role of AI in client advising. I hope you enjoy this discussion about how these technologies are reshaping the future financial advising. In this episode, Phil and Pete discuss the following topics: Cryptocurrency Market Trends AI Advancements in Financial Advising The Evolution of Digital Asset Exchanges The Impact of AI on Client Engagement Future Predictions for Crypto and AI in Finance Building Scalable Financial Technology Platforms The Role of ETFs in Crypto Investment Institutional Adoption of Blockchain Technology Personalized AI Avatars in Finance Regulatory Challenges in AI and Crypto Spaces The Growing Importance of Digital Asset Custody ⁠www.adviceamplified.co.uk⁠⁠ - Follow Advice Amplified: ⁠⁠Instagram⁠⁠ ⁠⁠TikTok⁠⁠ ⁠⁠YouTube⁠⁠ - Follow Ningi: ⁠⁠LinkedIn

Uncover how innovative strategies are bridging the advice gap, the role of technology in reshaping finance, and the crucial impact of empathy in client relationships. Sam Tate's 20+ years in the industry offer profound insights into evolving financial planning, challenging traditional models, and the importance of financial education in an effort to close the advice gap. In this conversation, Sam and Pete discuss: Closing the Financial Advice Gap The Evolution of New World Financial Group Tackling the Trust, Education, and Advice Gaps in Finance The Role of AI and Technology in Financial Planning Shifting from Investment-Centric to Client-Centric Advice Marketing Challenges for Innovative Financial Services Emphasizing Financial Education in Businesses and Schools The Future Outlook of Financial Planning and Advising Empathy: The Core Attribute for Modern Financial Planners www.adviceamplified.co.uk⁠ - Follow Advice Amplified: ⁠Instagram⁠ ⁠TikTok⁠ ⁠YouTube⁠ - Follow Ningi: ⁠LinkedIn

Let’s learn about how technology and AI are redefining wealth management, the impact of regulatory changes, and why starting your pension early matters. Micky Johal, with his extensive background from Truinvest to Your Future Group, shares valuable insights on building operational efficiencies and the importance of personalised client services. In this conversation, Micky and Pete discuss topics, such as: Wealth Management Insights Tech's Transformation in Finance Navigating Regulatory Compliance Early Pension Planning Importance Enhancing Operational Efficiency Private Equity and Wealth Trends Wealth Management's Future Outlook Hybrid Financial Advice Models AI in Personalised Investments Strategies for IFA Success www.adviceamplified.co.uk Follow Advice Amplified: Instagram TikTok YouTube -Follow Ningi:LinkedIn