Tag: Certified Financial Planners

Business Development Managers FY23 Survey Report Survey Report Here are the results of our annual survey that reveals the top 10 frustrations Brisbane CFPs have with Business Development Managers (BDMs) from investment fund management firms. The survey revealed that the top 10 frustrations CFPs have with BDMs include unreliability, unresponsiveness, lack of knowledge, myopic perspective, inexperience, insecurity, passivity, product pushing without value-adding, and lack of empathy. By far the biggest frustration CFPs have with BDMs is their unreliability. Many BDMs promise to provide information and solutions but fail to follow through, leaving CFPs feeling frustrated and disappointed. Additionally, some BDMs are unresponsive and fail to return calls or emails in a timely manner, making it difficult for CFPs to…

Fund Managers FY23 Survey Report Survey Report Here are the results of our annual survey that reveals the top 10 frustrations Brisbane CFPs have with investment fund managers. Their frustrations range from a lack of experience and expertise to poor performance and high fees. However, despite these challenges, CFPs are still seeking to partner with fund managers who can deliver value, transparency, and strong long-term returns for their clients.   What CFPs Want From Fund Managers CFPs are looking for experienced and stable investment managers who have a proven track record of generating strong returns for their clients. They want managers who are ambitious and focused on performing well, but who are also ethical and responsible in their…

The Impact of the Hayne Royal Commission On the Financial Planning & Investment Advice Industry in Australia No one disputes that the Hayne Royal Commission into misconduct in the financial services industry had a significant impact on the financial planning and investment advice industry in Australia. The dispute is if it has had a net positive or negative overall impact. this month we’ll have a quick look at both sides of the coin.    One of the negative impacts of the Royal Commission for CFPs was the removal of grandfathered conflicted commissions, which meant that financial advisers could no longer earn commissions on products they recommended to their clients. This resulted in a decrease in revenue for many…