Tags » Financial Planners

Enter the Financial Advisory Gurus?


Understanding the Nexus Between Fame and Quality


  • “I see that firm’s ads everywhere.”
  • “His books are best-sellers.”
  • “That advisor does all kinds of free seminars for retirees.” …
  • 762 more words
Financial Planning

What Does a Financial Planner Do?

When asked, “What do you think a financial planner does?” Silence! Despite what some people think, financial planners do serve a purpose. For the most part, people simply believe before they meet with a financial planner, they must be wealthy; near retirement; or strictly interested in investing. 324 more words

Financial Planners

14 Jul 2014 (TheAge) - Media executive battles Westpac

(14 July 2014, The Age, BusinessDay, p25, Madeleine Heffernan)

”A multimillion-dollar dispute between former media executive Mark Jamieson and Westpac is headed for Queensland’s highest court, after both sides appealed an earlier ruling. 55 more words

1.Market Observations

12 Jul 2014 (AFR) - Nest egg raiders - Negotiating the fast-money minefield

(12 July 2014, AFR, SmartMoney, p23, Duncan Hughes)

‘Ian Andrew and Narelle Gerlach’s dreams of a wealthy and healthy retirement were dashed by an investment plan that cost them their home, health and hopes of being able to quit work. 103 more words

1.Market Observations

7 Jul 2014 (AFR) - Advisers frustrated by CBA scandal fallout

(7 July 2014, AFR, p19, Sally Patten)

‘Frustration among advisers late last week at the Commonwealth Bank of Australia financial planning scandal was palpable. “The industry keeps getting bad press. 97 more words

1.Market Observations

7 Jul 2014 (TheAge,SMH) - Financial advice: CBA CEO Ian Narev defends reputation, says sales targets will be retained

(7 July 2014, The Age, BusinessDay, p21, SMH, Clancy Yeates)

‘Commonwealth Bank will continue to use sales targets as a key incentive for branch staff bonuses, sparking union criticism it is persisting with a conflicted pay model that promotes a sales culture. 29 more words

1.Market Observations

4 Jul 2014 (TheAge, SMH) - CBA sorry 'too little, too late'

(4 July 2014, The Age, p1, Adele Ferguson and Ben Butler)

‘A bid by Commonwealth Bank chief executive Ian Narev to defuse the financial planning scandal engulfing the bank by ”unreservedly” apologising and opening a compensation scheme to up to 400,000 customers has been dismissed by victims, consumer groups and corporate governance experts.’ 59 more words

1.Market Observations