Marketing Executive at Truly Independent.
25 March 2022 by Scott Armstrong
The Happy Financial Adviser (Barrier 2. The Influential) The following blog post is an extract from The Happy Financial Adviser. A book written by Truly Independent Director Andrew Goodwin. To purchase your own copy click here. Lifestyle cashflow modeling is best described as technology being half way between robo-advice and human advice. The data input…
17 March 2022 by Scott Armstrong
March 20th is the International Day of Happiness. With our world facing unprecedented challenges, wellbeing matters now more than ever. Happiness is the opposite of stress, so to aim at happiness is to eliminate stress. Happiness is not achieved just with yet more income but instead by doing well. Beyond having a roof over your…
8 March 2022 by Scott Armstrong
The Happy Financial Adviser (Barrier 3. The Personal) The following blog post is an extract from The Happy Financial Adviser. A book written by Truly Independent Director Andrew Goodwin. To purchase your own copy click here. Financial advisers have been driven to adopt a fee-based business model (replacing commission) for pension and investment business, but…
3 March 2022 by Scott Armstrong
At Truly Independent we truly believe that happiness leads to success. If you are an experienced financial adviser looking for a new approach to serving your clients, loving your work, and building your own long-term financial security, then we are the company for you. Founded in 2010, we are a national firm of experienced Independent…
25 February 2022 by Scott Armstrong
There are over 12 times more people per financial adviser who could benefit from financial advice today than 25 years ago. There are only 24,000 financial advisers compared to the 220,000 in 1990. This is the crux of the so-called advice gap, which effectively means people are unlikely to make decent financial plans, make regular…
14 February 2022 by Scott Armstrong
The rule of 72 is a simple mathematical formula used in finance as a shortcut to estimate the number of years required to double your money at a given annual rate of return (http://www.investopedia.com/terms/r/rateofreturn.asp). The rule states that you divide the rate, expressed as a percentage, into 72. For example, take an investment of £100,000….
3 February 2022 by Scott Armstrong
Most financial advisers today have come from an industry that started in product sales and that background is hard to extinguish; it’s natural to sell a product. Most people who avoid seeking financial advice do so for one or more of these six reasons: There is no obvious benefit The cost of advice and affordability…
27 January 2022 by Scott Armstrong
To connect with more people, and therefore more clients, be sure to get out and about. Being visible in your community through taking part in social events, or by supporting local associations is a surefire way to build connections. The more connections you have, the greater your chance of generating new clients. There is no…
21 January 2022 by Scott Armstrong
When people engage with you, be they existing clients, new clients or just potential clients, they will want to know more about you. So they will Google you, check you out and compare feedback. They expect you to exist online. If you don’t have an online profile, then you don’t exist, and you will immediately…
12 January 2022 by Scott Armstrong
Many people will view being self-employed as having the freedom to be yourself. While this is true among many business types, it is not always the case for financial advisers due to the ever demanding controls of the regulator. It is not easy to be a financial adviser and at the same time run a…
