After looking at the current state of the advice process, Shaun Green from Advice Revolution and Spark Partners found a huge inefficiency in the way information is transitioned from adviser to the back-office team.
As a result, he and his business partner Adrian Patty have built a solution to tackle this inefficiency. This piece of tech was never the end goal of their new business though, at least not to begin with. So how did they end up here? And where is the future of advice headed?
Highlights from this episode:
6:45 – How would you provide advice for $500?
11:28 – What’s hindering the process of automating data capture?
18:40 – Whether to get rid of grandfathered commission and the impact this would have on the industry
25:16 – The Advice Revolution journey and how it all began
29:47 – What do you think advice businesses struggle with the most?
48:29 – Why can’t we have a one page SOA?
Spark Partners – www.sparkpartners.com.au
Shaun Green – www.linkedin.com/in/shaungreen1/
XY Adviser Online Training Platform – www.xyadviser.com
General Disclaimer – www.xyadviser.com/disclaimer/
This podcast is proudly supported by Netwealth (www.netwealth.com.au), an ASX listed company ranked #1 for overall platform functionality and user satisfaction by Investment Trends for the past three years.
Netwealth understands that the Financial Advice landscape is changing and is providing market leading technology to help you explore new perspectives and realise new efficiencies. Through excellent customer service and expertise, Netwealth are working with XY Advisers to innovate and drive Financial Advice forward.