BWD: In The Know

Let Tess take you on her actuarial journey from failing her probation as an actuarial trainee at WTW to becoming UK Wealth Strategy Leader (a job title she made up herself!) and Partner at Mercer – via investment consultancy, Head of Retirement Practice (or as Tess puts it “the proper actuaries”) in Manchester, DC Leader for the North, and UK People Leader responsible for people strategy and colleague development (a role she held during the pandemic!)  And hear her advice to nearly/newly qualified actuaries, including “Just say ‘Yes’ to opportunities!” and “Don’t worry…it’ll all work out…it’s just work at the end of the day!” and all about her famous Twitter #WorldCup of…Cocktails, Christmas Songs, Bakery, etc., which, of course, has a fully audit-trailed spreadsheet for each competition!A huge thank you to Tess for her time and for sharing her actuarial journey.

🚀 Latest BWD In The Know Episode: Business Exit Strategies Uncovered 🎧In this episode, we explore the intricate world of exiting a business, focusing on innovative strategies that go beyond the traditional. Join us as we delve into:🤝 Employee Ownership Explained: Chris shines a light on Employee Ownership, where founders sell to a Trust, reaping benefits like zero capital gains tax, and why it's on the rise.❤️ The Value Beyond Tax Breaks: Discover the heartfelt reasons behind choosing Employee Ownership, from safeguarding legacy and culture to staying involved on your own terms.🔍 Future Implications: With potential shifts in governance on the horizon, we dissect how changes in capital gains tax could reshape exit strategy landscapes. This discussion is a must-listen for business owners pondering their next steps...

We are delighted to bring you another "In The Know" episode featuring Alan Smith ➡️ CEO of Capital Asset Management 🌟. Join us as we explore:🌱 Core Values: Alan discusses how core values such as family, travel, adventure, learning, and giving back, not only guide his personal life but also his professional practice. 🚀 Podcast Gems: "Bulletproof Entrepreneur" highlights key entrepreneur traits: resilience, vision, and innovation.🔍 Pricing Models: Hear Alan's move to value-based subscription models, moving beyond traditional AUM fees. Alan discusses the shift to pricing that reflects true value delivered to clients. Explore the transformation:Fee Model MasterclassValue-Based Advisory Blueprint🤖 AI's Role in Financial Planning: Artificial Intelligence in financial planning, from streamlining data processing to elevating client service. Alan stresses a cautious yet strategic embrace of AI, highlighting the importance of data security and compliance. Learn more:Implement AI in Financial Planning🎧 An essential episode for Financial Planners and anyone interested in entrepreneurship, technology, and personal growth.

Dive into an insightful episode of "In The Know," featuring Phil Bray, Founder and Director of the Yardstick Agency, a firm that stands at the forefront of marketing for Financial Planners. 📊 Understanding the Essence of MarketingUnpacking the fundamental concept of marketing…creating opportunities and turning them into cash!🛑 Busting Myths: Tackling Misconceptions and Limiting Beliefs in MarketingDiscussing the common myths and misconceptions that prevent Financial Planners from fully embracing effective marketing strategies.📈 Essential Strategies for Financial PlannersGaining insights into the top three actions Financial Planners should undertake to bolster their digital footprint, and effectively leverage referrals and recommendations.🌐 The Significance of Digital Presence and Social ProofDiscovering the critical importance of establishing a robust digital presence and the role of social proof in attracting and retaining clients.This episode is a must-listen for Financial Planners eager to grasp the intricacies of marketing.

Discussing the recent Schroders UK Financial Adviser Survey with the brilliant Gillian Hepburn.  5 key topics of conversation explored: 🤖 Evolving Role of AI in Financial Advice: "70% of advisors see AI as an opportunity to enhance efficiency and client service”.💡 Gillian's ‘A-ha’ Moment on Fees: Despite a perceived pressure on fees, "the number of advisers charging between 0.5% and 0.75% had actually increased".📜 Navigating Regulatory Challenges: "49% of advisers citing regulation as a main concern”.🔄 Wealth Transfer and Engagement Strategies: Despite "63% of advisers being concerned about wealth transfer many lack a proactive strategy to engage with the next generation”.👥 Adviser Gender Preferences: Revealing that "76% of women indicate that the gender of their financial adviser is not a priority; what matters most is trust and understanding”.

We're diving deep into the world of Professional Services with Ian Gibson, Managing Partner at Evelyn Partners. A seasoned expert with 35+ years of experience, Ian discusses the importance of listening, removing the ego, and being a professional chameleon. Plus, he provides us with some honest insights into the current and future world of Financial Services.