The ifa Show

This week's episode of the ifa Show features Timothy Munro, CEO and director of Change Accountants & Advisors. Timothy joins Maja Garaca Djurdjevic to discuss the red tape and bureaucracy thrust on advisers as well as the recent ASIC levy relief announcement. Timothy also shares his personal experience with the FASEA exam and why he thinks there is something fundamentally wrong with the industry. Lastly, he touches on the need for the government to listen to the concerns and thoughts of mum and dad advisers, who essentially make up a bulk of the industry.

This year's R U OK? Day serves as an important reminder to open up the conversation on mental health, both in the workplace and at home, according to David Coleman, member for Banks and Assistant Minister to the Prime Minister for Mental Health and Suicide Prevention.

In this special episode, join Momentum Media director Alex Whitlock as he speaks to Mr Coleman.

Together, the pair discuss the importance of shining a spotlight on mental health issues, share why the consequences of stigmatising mental health are significant, and reveal how you can make a difference to your workplace, community, family and friends.

This week's episode of the ifa Show features special guest and Coastal Advice Group CEO Daniel Brown. Daniel joins host Neil Griffiths to discuss the NSW practice and his take on recent movements in the industry, including the recent news of the ASIC levy relief. As well as giving a sneak peek into a new business, Daniel also discusses another company he owns — MBS Advisory — which aims to provide outsourcing marketing solutions for advisers. He shares his tips on how advisers and advice groups can build their brand, social media and content to ensure clients are lining up for their services.

Tony Machin has worked in the financial services industry for over 35 years and was considering retirement before he instead opted to take the FASEA exam and passed the first time. Tony, who works with Equilibrium Financial Services, joined this week's episode of the ifa Show to share his story with host Sarah Kendell and what inspired him to stay. "It was important that I left the industry on my terms," he said. "I was determined to do the FASEA [exam] and I was confident that I could do it once." In this episode, Tony also shares his thoughts on the exam process and the current landscape of the advice sector.

Pride Advice chief executive Brett Schatto joins this week's episode of the ifa Show podcast with host Neil Griffiths on the back of the firm's 2021 Practice of the Year award; the company's fifth win.Brett tells his story about working as a detective in the South Australian Police Force and the eventual move to the advice industry.As well as sharing his passion about his work with Pride Advice, Brett discusses his view about the role of financial advisers and their ability to deal with the unexpected.

Since moving from an institutional to a non-aligned dealer group several years ago, Fitzpatricks senior financial planner Bobbe Duncombe has also made the transition from employed adviser to business owner. In this episode of the ifa Show, Bobbe discusses with host Sarah Kendell the most important lessons she's learned in running her own advice practice, particularly the need for soft skills as well as number-crunching to stay sane in the more challenging times. Bobbe also unpacks how to build a compelling holistic advice offer with clients and referral partners, and the strategies she is using to make the transition to a more flexible four days a week office.

On a new episode of The ifa Show, host Neil Griffiths is joined by Prad Navaratnam – founder and managing director of paraplanning service Advice Lab. Prad shares his story of working in the financial services industry with IOOF and eventually bringing his interests in data and numbers to another passion – sport. Prad talks working with NRL teams like the Sydney Roosters and the West Tigers, as well as the Sri Lankan cricket team since relocating to Sri Lanka with Advice Lab.

In this episode of the ifa Show, host Sarah Kendell is joined by award-winning adviser Nathan Fradley of Lime Financial Planning. Nathan, who's a certified ethical investment adviser, to talk about why he decided to get into ESG as a specialisation and what types of clients he finds are most interested in investing their money for good. Nathan also discusses his work in bringing US ethical research tool Ethos to Australia and how advisers can drill down deeper into the at times superficial ratings that ethical products receive, as well as more actively screening and reporting on the ethical impact of holdings within a client's portfolio.

One of Australia's top advisers joins a new episode of the ifa Show. On the back of top 10 ranking in the Barron's top 100 advisers for 2021, Partners Wealth Group (PWG) managing director Mathew Cassidy joins the podcast to discuss the achievement and the history of the business. Mr Cassidy also shares his tips on working with clients, building their portfolio and showing them the importance and benefits of wealth management. For more on affordable advice strategies, be sure to check out the ifa Future Forum taking place at the Four Seasons Sydney on 8 October. Click here to learn more about the ifa Future Forum and register your interest

Elder financial abuse has unfortunately increased since the onset of the COVID pandemic, and is set to rise in the long term in line with Australia's ageing population. In this episode of The ifa Show, Protecting Seniors Wealth chief executive Anne McGowan joins host Sarah Kendell to talk about the worrying trend of elder financial abuse. Anne discusses what may drive someone to commit elder abuse and the signs to watch for that a client may be being taken advantage of. She also unpacks why advisers may be reluctant to intervene in elder abuse and the potential legal consequences for not acting to prevent potential abuse.