The number of financial advisers in Australia continues to fall. When combined with the limited supply of new advisers entering the industry and the uptick in demand for financial advice, this is a worrying trend for the industry.
The value proposition of advice has continued to rapidly change. The Vanguard Adviser's Alpha concept outlines how advisers can add value, or alpha, by providing relationship-oriented services - such as cogent wealth management via financial planning, behavioural coaching and guidance - as a primary objective of the value proposition.
16 Aug 2018
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