

73 - The Network Effect
Jun 19, 2025
Dive into a lively discussion on investment strategies, facing the hurdles of client communication. The hosts tackle the complexities of technology integration in finance and the evolving landscape of compliance costs amid strict regulations. They share insights from a valuable Vanguard event and explore challenges in the remortgaging process. Also featured are the debates around commission-based remuneration, emphasizing networks' significance in advisory roles. Finally, storytelling in finance is highlighted, alongside a novel tool enhancing communication.
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Build a Bespoke Tech Stack
- Develop a tech strategy before adopting new tools; avoid piecemeal tech implementations.
- Choose best-of-breed tools that integrate well rather than a single all-in-one solution.
Simplify Tech to Core Tools
- Consolidate technology to a few core tools that integrate well to avoid complexity.
- Trial innovations but distill to best-fitting tech aligning with firm workflow.
Embrace Innovation, Enhance Service
- Innovate and improve user experience rather than resist technological change.
- Like taxi drivers adapting to Uber, financial advisors must enhance their service to stay relevant.