BWD: In The Know

Join me for an illuminating conversation with the brilliant Brendan Frazier, Chief Behavioural Officer at RFG and host of the Human Side of Money podcast.This episode is packed with valuable insights for financial planners, and anyone interested in the human side of financial advice!You don’t want to miss this!Key topics discussed:🌟 The Human Element in Finance: Brendan shares his passion for integrating psychology and human behaviour into financial planning. 🚀 Helping Clients Take Action: Practical strategies to bridge the gap between knowing what to do and actually doing it, helping clients follow through on their financial plans. 💡 Building Trust: Effective strategies for financial advisers to establish and maintain trust with clients. 📈 Client Reviews Redefined: Why and how financial advisers should rethink their client review process to add more value. ✨ Magic Wand: Discover what Brendan would wish for if he could change one thing.

In another Ask The Actuary special, Kieran Mistry shares his actuarial journey with us, from Deloitte to Hymans and finally, the award-winning Bulk Purchase Annuity (BPA) insurer, Standard Life in January 2022 – the last 2.5 years have been very busy in the BPA market! Keiran describes the difference between being an actuary advising the trustee side of a BPA deal to being an actuary acting for the insurer, before offering some sage advice to nearly/newly-qualified actuaries, including: “…Look for opportunities to grow and learn. If you're learning, I have a view that things will work out if you've got an actuarial badge and you keep looking to grow and learn…”

🎙️ Get ready for a special Ask the Actuary episode of BWD’s In The Know podcast! This time, we're joined by Adrienne (Ostroff) Lieberthal – the powerhouse CEO and Founder of Athena Actuarial Consulting and co-founder of NAWA (Network of Actuarial Women and Allies), boasting over 3,000 followers across the US.🚀 Tune in to hear Adrienne's inspiring journey from her days as a college athlete in Philadelphia to conquering the actuarial world. Discover how she leveraged her competitive edge to ace those tough exams and land her first roles in the field.🎉 Life took a thrilling turn for Adrienne in December 2020. Within just six days, she left a stable job, launched Athena, and got engaged! Fast forward to today: Athena has 3 business partners, 25 employees, and $3 million in annual revenue – all while staying true to its core values.💡 "I felt like there was a way to run a professional services firm that puts people at the center…when those people feel better, they do better work. They are more innovative and creative when engaged…"

Here’s Part II of our latest "In the Know" podcast featuring Dave Robinson FCCA APFS MCSI TEP LLAA IMC 🎙️✨By any metric, Dave has been remarkably successful in the financial planning industry, and in this episode, we discuss his blueprint for building a successful financial advisory firm.Here are some key highlights:🔹 Reflections on SJP: We discuss the feedback from the first podcast.🔹 Building a Successful Business: Learn the core principles and strategies that have defined Dave's career and contributed to his firm's success.🔹 Specialisation and Collaboration: Discover how focusing on niche markets and collaborating with others can provide comprehensive services to clients.🔹 Fee Structures: Understand the benefits of fixed fees over percentage-based fees to eliminate conflicts of interest and provide transparent pricing.🚨 Don't miss out on the exclusive resources Dave has shared:Example Fee Agreement 📄 – A real-life document outlining the scope of work and transparent fee structure that Dave's firm uses.Example Business Plan 📊 – One of the most comprehensive business plans you'll find, including cashflow management. A must-have for anyone building a business.These items are goldmines for those looking to grow and succeed in the financial planning profession. 

We're excited to share our latest episode featuring a fascinating conversation with George Kinder, the father of the life planning movement and renowned author. In this episode, George delves into his early influences, the origin of life planning, and offers a glimpse into the future. Key topics include:Early Influences and Spirituality: Growing up in rural Ohio and how his formative years shaped his approach to life and financial planning.The Essence of Life Planning: Understanding why listening to a client's deepest aspirations is crucial before any financial planning can take place.Introducing His Latest Book: Unveiling "The Three Domains of Freedom," which explores mindfulness, the mastery of the present moment, and the concept of a fiduciary culture that promotes trust and humanity in all institutions.Additionally, we have a special segment called "Kinder Surprise," where I ask George three thought-provoking questions.

We're delighted to bring you another Ask the Actuary Special episode of BWD’s In The Know podcast, with LCP’s Bart Huby (the Football Actuary).Bart is an actuary with over 40 years’ experience in the pensions industry, but he’s managed to combine his passion for data science and Sport - in particular, football (or soccer for those of you in the States! - as Head of Sport Analytics at LCP, involved in developing and marketing LCP’s innovative soccer player recruiting platform, TransferLab, in partnership with leading football consultancy Analytics FC.He qualified as an actuary in 1989 but has never stopped learning, gathering two MBAs in Finance during his career – one focussed on the Football Industry.Listen to Bart’s actuarial journey and hear him advise nearly/newly qualified actuaries to “Be curious…create a personality for yourself…and get out of your comfort zone.”And finally, Bart quotes from Steve Parish (owner of Crystal Palace Football Club) “Look after your body as well as your mind…”

We're excited to share the full episode featuring Dave Robinson FCCA APFS MCSI TEP LLAA IMC.While many of you may skip ahead to the SJP discussion (1hr35), we encourage you to listen to the entire episode. In the first part, Dave shares his career highs and lows, offering valuable insights into why his belief system is deeply rooted in Independent Financial Planning, without conflict.Dave is a fascinating guest and a great sport, allowing me to ask him any question. It was a pleasure to sit down with him, and since we didn't cover all the areas we wanted to, we have a sequel planned for mid-July.Enjoy!#financialplanning #IFA #FinancialAdvice #SJP

In this engaging conversation, Ed takes us through his career from aspiring car designer to a leading figure in financial services.Key topics discussed:🌟 Career Evolution: From creativity in car design to strategic leadership in financial services.🥊 Adapting to Change: "Everyone has a plan until they get punched in the face." – Ed shares insights on navigating industry shifts.📈 Benchmark's Vision: How Benchmark supports financial planners and their growth journey.🚀 Breakaway Advisors: The rise of advisers starting their own practices and how Benchmark supports them.✨ Magic Wand: If given a magic wand, what one thing would Ed change in the profession?Valuable insights for financial planners and those connected to the industry!

We're excited to share our latest episode featuring a fascinating conversation with Liz Frazier-Peck, a fee-only Certified Financial Planner and author of "Beyond Piggybanks and Lemonade Stands."In this episode, Liz delves into her unique career in financial services and her passion for financial education for kids. Key topics include:Career Path: From growing up with a financial planner mom to becoming a leading financial expert herself.Financial Education for Kids: The importance of teaching finance at a young age and practical tips for parents.Commission vs. Fees: An amusing story about Liz's early passion for fee-only financial planning.Client Trends: Observations on changing client needs and the impact of COVID-19 on financial planning.Technology in Finance: The impact of digital transactions on children's understanding of money.I hope you enjoy this episode. Be sure to like and subscribe for more content.