Dave Robinson on why It's the 'Chartered IFA Way or The Highway'

Nov 24, 2022

Dave Robinson, a Chartered Financial Planner, discusses the importance of the IFA profession, his personal journey, business strategies, and advocacy for clients with special needs. He shares insights on fixed fees, time recording, ethical investments, and nurturing talent within the industry. The podcast touches on fair fees, transparent payment models, and the evolution of financial planning, emphasizing client value and independence.

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Introduction

00:00 • 2min

Evolution and Passion in Financial Planning

01:36 • 28min

Reimagining Remuneration and Incentives

29:34 • 10min

Transitioning Financial Advisors for Improved Fee Accuracy and Client Value

39:38 • 4min

Fair Fees and Transparent Payment Models

43:53 • 11min

Ethical Investment and Succession Planning in Financial Firms

55:18 • 12min

Specializing and Finding Purpose in Financial Planning

01:07:11 • 28min

Nurturing Talent and Maintaining Independence in Financial Planning

01:34:58 • 25min

Reflecting on Evolution and Mentorship in the Financial Advisory Field

02:00:13 • 2min

Exploring the Q Ratings Initiative for Financial Advice Firms

02:02:02 • 2min

Today's guest is Dave Robinson. Dave is a Chartered Financial Planner for Centurion Financial Planning, and it's IFA or the Highway with Dave!

Pre warning, this is a long episode but well worth it.

We talk about the importance of IFA and why there needs to be an IFA academy. We dive into Dave Robinson's past, and how he got into financial planning - starting out in accountancy and moving across into the financial planning profession.

He digs deep and shares deep and transparently about his business, his charging structure, why he charges what he does, and the plans and the changes that he's looking to make and evolve as a business, become more profitable but continue to add value to the client. We talk about trainees, how they fit within his company, and how he supports them.

We also talk about his eldest son, who has a genetic disorder, and how that gave him a personal interest in working with families who are in a similar situation, a client that he feels can often be exploited by other advisers.

Dave also has lots of other specialist areas which we discuss, such as.

Investment Management for Later Life, Personal Injury, Attorneys, Deputies, Trustees, and Beneficiaries who have Special Needs
personal injury claims
Working with vulnerable clients

Dave is hugely passionate about the IFA profession, and he has some strong views on where it's heading and what needs to be done to ensure that IFA remains.

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