TRAP: The Real Adviser Podcast

In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including Bucket Lists, NextGen Conference wrap, the “M&S Incident”, platform cash skimming, 85 year study into happiness and retirement, AI event discounts for TRAPists, Meat and Potatoes: Dispensing The Vitamin C - The Ongoing Client Comms StrategyQuestions posted by our beloved TRAPist - Adam LiddelowCulture CornerLinks referred to in the show:NL - platform cash skim scam: https://citywire.com/new-model-adviser/news/funds-sell-transact-as-investors-eye-aj-bell-s-and-hl-s-cash-margin/a2418388?re=109900&ea=1700645&utm_source=BulkEmail_NMA_Weekly&utm_medium=BulkEmail_NMA_Weekly&utm_campaign=BulkEmail_NMA_WeeklyNL: Harvard’s 85 year study into happiness and what it means for retirees: An 85-year Harvard study on happiness found the No. 1 retirement challenge that 'no one talks about'NL: The Essays of Warren Buffett: The Essays of Warren Buffett: Lessons for Investors and Managers, 6th Edition: Amazon.co.ukNL: The Tao of Charlie Munger: https://www.audible.co.uk/pd/Tao-of-Charlie-Munger-Audiobook/B01NCKVLOD?action_code=ASSGB149080119000H&share_location=pdpCW: Carl Widger interview with the Currency https://thecurrency.news/articles/119072/financial-planner-carl-widger-calls-out-the-industry-many-arent-trustworthy/CW: Bucket List Trip My Bucket List Trip to America – Walking the TalkCW: Metis Ireland Careers Careers - Metis Ireland | Your Plan, For LifeAH NExtGen Conference Financial Planning Conference | NextGen Planners AS AI For Business - SME and Financial ServicesAS Rockstar Series: Founder of Leon Henry Dimbleby in conversation with Alan Smith - Welcome to Home Grown============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.

In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including a DB Transfer Value tracker site; eye-watering Quilter charges; Alan having a live Bulletproof Entrepreneur podcast eventMeat and Potatoes: Newbie Deep Dive with guest host Emmelia PowellQuestions posted by our beloved Trappists - this episode, there are none! Too little time. Next episode, things will resume. Probably. If we haven’t killed each other.Culture CornerLinks referred to in the show:Storyteller's live "Bulletproof Entrepreneur" 26th June event thingy: https://homegrownclub.co.uk/events/rockstar-series-founder-of-leon-henry-dimbleby-in-conversation-with-alan-smith/Ask: How to Relate to Anyone: by Dan Solin: https://amzn.eu/d/9mzF9dPThe XPS Transfer Value Tracker, courtesy of Matthew Sinclar and John Cunliffe: https://www.xpsgroup.com/what-we-do/technology-and-trackers/xps-transfer-watch/xps-transfer-value-tracker/Gurwinder Bhogal Examines Human Nature - https://podcasts.apple.com/au/podcast/gurwinder-bhogal-examines-human-nature/id1190896090?i=1000614819713Prof G and Ryan Holliday https://podcasts.apple.com/gb/podcast/lessons-meditations-from-the-stoics-with-ryan-holiday/id1498802610?i=1000615259928============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.

In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including a review of the Adviser 3.0 conference and The Stig’s car crash of financial mistakesMeat and Potatoes: How To Run The Initial Strategy/Blueprint MeetingQuestions posted by our beloved Trappists @burtong1 and @TobiasEvans1Culture CornerLinks referred to in the show:Rational Reminder EP252 at 1h14m in. Burton Malkiel on why it’ll be a long time (if never) before indexing takes over: https://pca.st/1nf20r18#t=1h14m33sTimeline Charts 2023: https://go.timelineapp.co/charts23The Context with Sinead O’Sullivan https://thecurrency.news/articles/117393/the-context-with-sinead-osullivan-part-one-disrupting-time-by-aaron-stark/Metis ireland Recruitment Careers - Metis Ireland | Your Plan, For LifePhilip Donnelly www.twitter.com/@PhilDouglasDon. Doing the 100 Mile Ride London cycle thing on 28th May. Raising money for GOSH: https://www.justgiving.com/fundraising/philip-donn?utm_source=copyLink&utm_medium=fundraising&utm_content=philip-donn&utm_campaign=pfp-share&utm_term=cc51be8c81054d9fb9f3b4ff4276ce87CHC Directors jailed https://www.rte.ie/news/2023/0512/1383276-custom-house-capital/Andy’s new mic - Rode - https://amzn.to/425IJIT ============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.

In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including Carl attending The Real Deal; TRAP being shortlisted for a podcast award; getting encouraged by podcast-meister Steven Bartlett; Berkshire Hathaway 2023 AGM; HUM London and South Africa on the horizon; Lisbon as a decent city breakMeat and Potatoes: Getting To Know YouQuestions posted by our beloved Trappists Tom R and @burtong1    Culture CornerLinks referred to in the show:Interested in coming on the show as a Guest Host? Apply here: https://docs.google.com/forms/d/e/1FAIpQLScspw4v7Jq8Amuas2faXX3oIRxoZH-WdkE-r4zA_h7RoWXlLw/viewform?usp=sf_linkCEK Worldwide Total Client Profile: http://www.cegworldwide.com/downloads/bt-book/eb_ceg_sample_tcp.pdf Just Ask! Graham Eisner  Just Ask! 7 simple steps to unlock the power of clients, generate referrals and double your business PaperbackJames Dyson - Invention: A Life https://amzn.eu/d/dpXxyiPThe Bet: Paul Ehrlich, Julian Simon, and Our Gamble Over Earth’s Future https://amzn.eu/d/6jKIogNMerryn Somerset Webb’s Tweet on why the UK stock market continues to shrink: https://twitter.com/HatTipNick/status/1654228720771641344Decent virtual financial planner website. Kindness Financial Planning, Elliott Appel: What Is It Like Working With a Virtual Financial Planner?On Healing with Brendan Ring https://podcasts.apple.com/ie/podcast/on-healing/id1682268935?i=1000611458696Michael Lewis https://www.pushkin.fm/podcasts/against-the-rules - https://podcasts.apple.com/gb/podcast/against-the-rules-with-michael-lewis/id1455379351 ============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.

In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including the possible return of annuities; Colin Lawson’s fresh approach to realising business capital; resolution of the Neil Woodford fiasco; Irish Life causing ripplesMeat and Potatoes: Critical Non-Essentials: refining the client experienceQuestions posted by our beloved Anon (!) and David MilneCulture CornerLinks referred to in the show:Colin Lawson The Elegant ExitBuilt on a Lie: The Rise and Fall of Neil Woodford and the Fate of Middle England's Money Hardcover – 4 Mar. 2021Critical Non-EssentialsAlex Hormozi book - $100m offers $100M Offers: How To Make Offers So Good People Feel Stupid Saying No: Amazon.co.ukPodcast The Bank of Dave Fighting Against the Elite - David Fishwick Tells His Story The Bank of Dave Fighting Against the Elite - David Fishwick Tells His StoryHow to Invest David M. Rubenstein How to Invest David M. Rubenstein UK RPI Charts: UK Retail Price Index (I:UKRPI)FT Adviser Podcast pushing annuities: https://pca.st/te9yp8ylNeil Woodford payout over suing: Taking Woodford payout ‘will mean you cannot sue’All In Pod featuring Space X launch https://podcasts.apple.com/ie/podcast/e125-spacex-launch-fox-news-settlement-zombie-corn/id1502871393?i=1000610141959Irish Life launch Unio Irish Life owner launches new wealth management advisory firm - Independent.ieStephanie Bogan on delivering a Michelin Star client meeting https://www.linkedin.com/pulse/deliver-michelin-star-client-experience-four-steps-stephanie-bogan/Horst Schulze on Twitter https://twitter.com/horstschulze?s=20Nick’s T============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.

In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including Mr Hart’s Maven Money podcast breaking through 1M downloads (really); the decline in size of the UK stock market; Chat GPT - a threat?; more nonsense around risk scalesMeat and Potatoes: Man Plans and God Laughs. Whilst planning for the future is important, so is giving clients permission to live their best lives now.Questions posted by our beloved Trappists @TobyHines @emmeliapowellCulture CornerLinks referred to in the show:New podcast from Brad Johnson: https://podcasts.apple.com/ie/podcast/do-business-do-life-the-financial-advisor-podcast-dbdl/id1677151221?i=1000604267590“Unreasonable Hospitality” by Will Guidara: https://www.amazon.co.uk/gp/product/0593418573/ref=x_gr_bb_amazon?ie=UTF8&tag=x_gr_bb_amazon-21&linkCode=as2&camp=1634&creative=6738Audere Consulting: https://audere.com.au/Modern Wisdom podcast: https://open.spotify.com/show/0XrOqvxlqQI6bmdYHuIVnrJP Morgan Guide to the Markets: https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/market-insights/guide-to-the-markets/mi-guide-to-the-markets-uk.pdf=========================== ===============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.

In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including Ireland scraping home against a severely depleted England; massive pension changes in the UK; an MBO with Métis Ireland.Meat and Potatoes: Keep It Simple Stupid (KISS). Why do so many overcomplicate?Questions posted by our beloved Trappists @matt_aitchison, Colin BatesCulture CornerLinks referred to in the show:NL: Inside Vanguard: Leadership Secrets From the Company That Continues to Rewrite the Rules of the Investing BusinessAS: BBC iPlayer - Billion Dollar Downfall: The DealmakerAS: Ravenous: How to get ourselves and our planet into shape Kindle EditionCW: 6 – The Kerry Babies Murder & familial false confessions Mens Rea: A true crime podcastNick’s Loom video re simple, repeatable, scalable workflows: https://www.loom.com/share/8b2724bccaf3410d830194b6ddeb641fRoger Edwards Tweet on how hard it is to keep things simple: https://twitter.com/Roger_Edwards/status/1638224572058050584AH Modern Wisdom https://modernwisdom.libsyn.com/385-gurwinder-bhogal NL: Yodelar, a brilliant one-stop website for dissecting expensive Wealth Managers. Here’s a demolition job on Fisher Investments: https://www.yodelar.com/insights/fisher-investments-review?fbclid=IwAR1yiwT1wJmYlMurCQCMmQ27MAW6thDhvOf-Kf--zzqesWdGN-6CtT6BZHEAEGON reduces cash interest rates on its platform, as savings rates rise! https://citywire.com/new-model-adviser/news/aegon-slashes-platform-interest-on-cash-amid-boe-rate-hikes/a2411936Our first twitter thread https://twitter.com/simonjgladding/status/1639235645280493569?s=46&t=sRHfdIQon2TfFJRFg7K23wMetis Ireland complete MBO https://metisireland.ie/metis-ireland-now-wholly-owned-by-its-staff-============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.

In this St Patrick’s Day Special latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including one IFA saving a client from a £450,000 fraud; the road to hell that is pension Lifestyling; the unbelievably rapid demise of the Vanguard advice experimentMeat and Potatoes: St James’s Place - a commercial behemoth. But at what cost?Questions posted by our beloved Trappists @RossTaylorFP @cianmetiscfpCulture CornerLinks referred to in the show:Something to put in front of your vulnerable clients re scam dangers: https://www.dropbox.com/s/fa9vvp5eyq16io8/20230309%20How%20Frauds%20Work%20and%20How%20To%20Avoid%20Being%20a%20Victim.docx?dl=0Vanguard chief defends decision to pull asset manager out of climate alliance https://on.ft.com/3EnzwlUList of things Vanguard said they couldn’t or wouldn’t advise on: https://www.professionaladviser.com/news/4030168/reasons-stay-away-vanguard-lists-strict-criteria-advice-serviceAndy’s Money Marketing article of 10th February: https://www.moneymarketing.co.uk/opinion/andy-hart-financial-advice-will-always-be-a-luxury-product/Black Rock pulls out of US robo advice market: https://citywire.com/pro-buyer/news/ritholtz-buys-book-of-biz-from-blackrocks-shuttering-robo-advisor/a2410658AS: Experiments in Advisor Marketing   https://pca.st/episode/65863b6f-524b-457f-a406-2ab1b57fab3fNL: Business Breakdowns: IPL: The World’s Fastest Growing Sports League https://pca.st/0x2iywpxAH: Morgan Housel podcast - https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669 CW: Bloomberg explainer on SVB debacle https://www.bloomberg.com/opinion/articles/2023-03-10/startup-bank-had-a-startup-bank-run?utm_source=website&utm_medium=share&utm_campaign=copy=========================== ===============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.

In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including positive feedback on the previous episode 13; the ridiculousness of fund risk ratingsMeat and Potatoes: Why ambiguity is such an inherent part of real financial planning. And the Trap Pack’s top tips for newbies to this mighty profession.Questions posted by our beloved Trappists @joshgerstler @dirkgroeneveld @ComradesNicCulture CornerLinks referred to in the show:Redefining the Retirement Income Goal by David Blanchett: https://blogs.cfainstitute.org/investor/2023/02/09/redefining-the-retirement-income-goal/Stuart Kirk on the FT Money show: https://pca.st/episode/56643c2a-8d30-4797-8d13-80b4f5fc601d Charlie Munger Daily Journal 2022 https://www.youtube.com/watch?v=9VVPO3KWj3A&t=7894s Abe’s conference: Adviser 3.0Carl’s book: https://www.audible.co.uk/pd/Vivid-Vision-A-Remarkable-Tool-for-Aligning-Your-Business-Around-a-Shared-Vision-of-the-Future-Audiobook/B07RYN3D5R?eac_link=czAmma8BEMx3&ref=web_search_eac_asin_1&eac_selected_type=asin&eac_selected=B07RYN3D5R&qid=dMh1tmNve9&eac_id=260-7128613-5251256_dMh1tmNve9&sr=1-1Morgan Housel podcast with Prof G: https://podcasts.apple.com/gb/podcast/the-psychology-of-money-with-morgan-housel/id1498802610?i=1000601235289https://twitter.com/alanjlsmith/status/1525117666788143104?s=46&t=HybIyJF1scu8BFCL0L4hIgIFA Forum: http://www.tiny.cc/ifaforum============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.

In this latest pile of TRAP, the Trap Pack discussTopical issues, including the PFS’s escalating legal bills; an as-yet-unnamed IFA with his/her/their fingers in the till; VCTs - good enough for Nick but not for clients; Value for Money Statements; our Trappist Six Nations meet and greet at The Royal Oak, MaryleboneThree glowing reviews of the podcast, read by Andy in his inimitable styleMeat and Potatoes: helping clients transition to the next stage whilst also looking after our own mental wellbeingQuestions posted by our beloved Trappists @RightGilmore @matt_tumbersCulture CornerLinks referred to in the show:PFS legal costs were £800,000 in 2022: https://citywire.com/new-model-adviser/news/pfs-spent-800000-on-cii-legal-and-loan-advice/a2407879Rory Sutherland on Ep190 of Modern Wisdom: https://pca.st/bu1c0b91A Path Through The Jungle: https://www.audible.co.uk/pd/A-Path-through-the-Jungle-Audiobook/B09JSYVLGX Maro Itoje podcast: https://podcasts.apple.com/gb/podcast/e176-maro-itoje-the-distinction-between-high/id1500444735?i=1000598153649Carl’s blog for himself: https://metisireland.ie/put-on-your-own-mask-first-my-mission-for-2023/John Dashfiled question stack: https://clientcentredadvisers.com/============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.