Why Standards Improve the Quality of Your Advice

For decades financial services were driven by product sales. This led to ethical standards that guide advisor behavior but left us without functional standards for financial wellness.

What makes a healthy savings rate, ample liquidity, or the right amount of capital to use for speculation vs. consistent asset allocation? On this episode of Elementality, Reese and Chad discuss how standards of advice can positively impact clients, improve practice efficiency, and enhance the efficacy of all advisors.