Since the global financial crisis and ensuing recession, the desires — and fears — of investors have changed dramatically. Investors seem less confident and more
risk averse than they were just a few years ago. They want more — and better — advice from financial advisors, yet they also want to wield more control over their
financial lives. This cognitive dissonance makes success more difficult for financial advisory firms as they strive to attract new retail investors and consolidate and grow existing clients’ assets.
‘Goals-based advice’ is not new
November 27 2017, Robert Coyte
Robert Coyte, chief executive of non-bank licensee Shartru Wealth, writes an interesting and balanced opinion piece discussing the rise of goals based advice. Stirring up...