Find out more about our cookies. Close

Financial Planning Conversations

Advising People With Low Financial Literacy

Wednesday, March 08, 2017
View in iTunes
The low levels of financial literacy among clients pose particular challenges for financial advisors, who must ensure that people are giving their informed consent to the financial plan put before them. In this podcast Paul Resnik explores how advisors can respond to this challenge.
View Comments

Current Problems With Risk Profiling

Wednesday, April 05, 2017
View in iTunes
There is no common standard in risk tolerance profiling, leading to confusion for those seeking a robust profiling solution. This podcast discusses three common problems with profilers - no basis for their construction; the flawed combining of risk tolerance with risk capacity and the co-opting of prospect theory for risk tolerance.
View Comments

Clients Want To Dump You - Here's How To Keep Them!

Wednesday, February 22, 2017
View in iTunes
Clients are demanding much more from their financial advisors and wealth managers - and many will dump you if you don't meet their needs! A recent survey of global investors found that around 75% would happily take robo-advice, while another survey reports that as many as 65% of customers are ready to dump their advisor or manager if they don't get what they want. But Paul Resnik, from FinaMetrica, says you can make them stay by adapting to provide advice that recognises and takes into account the person's financial risk tolerance.
View Comments

Auditing Risk Profiling Systems

Wednesday, January 11, 2017
View in iTunes
Recent audits of 'in-house' risk profiling systems have revealed that most are poorly constructed and lack integrity and validity. In this podcast the auditor explains the problems he found.
View Comments

Episode 37: 2016 Year in Review

Wednesday, December 14, 2016
View in iTunes
Paul Resnik discusses the news, events and trends that shaped financial services in 2016 including the rise of robo advisors and the shock political events in the United States and UK.
View Comments