Your LifeTalk Insider #22

Subscribe | Advertise | Community

Here’s your selection of posts from IFAs, Financial Planners and Advisers in LifeTalk this week…

Ian and 15 others: The service I have received is probably the worst of any company I’ve dealt with recently. Is it just me or is this a constant theme with them? Click…

Philip and 121 others: Santander is offering 5.2 percent for an instant access account today. Yes but inflation erodes the value of cash , blah blah blah …. And other tedious IFA homilies… Face it people , this is where all the new money is going right now. And that’s not a bad thing. Click to comment…

Kristen and 50 others: What are your experiences and thoughts on Unbiased subscriptions please? Click…

Mike and 32 others: Here's an excerpt from my forthcoming book; Mind Over Markets. It's an analogy I use to explain what the stock market really is. Feel free to use it if you think it might help in any way. Click…

LifeTalk member: I would really like to go DA, if you had c£40k of recurring fees and adequate cash to meet the cap ad requirements. Would you suggest going for it now, or would you wait until you have slightly more critical mass in terms of a more regular stream of new clients? Click…

Anita and 38 others: I have a rare occurrence where a bond investment is better for the client’s tax position, both now and in the immediate future. Want to try to avoid offshore bond and looking for onshore bond with a broad spread of funds. Options seem somewhat limited (taking account of the broad fund choice). Any suggestions/experiences would be welcome. Click…

Robert and 31 others: I have been asked by Transact to provide a LEI (Legal Entity Identifier), for a corporate applicant (small gardening business), before they will let me use their MPS. To get an LEI the client would need to register (at cost) for such an LEI. It seems a bit of an overkill to me. I’d welcome anyone’s comments/experience of this. Click…

Kevin and 8 others: There's not a lot to say about this (well repeatable anyways). It is no wonder the majority of us are held in such low esteem when such people are able to make so much misery for those they purport to advise and support. I had hoped we were long beyond such sharp practices in the industry. Click…

Simon and 20 others: I am researching fixed term deposits investments for a client. Transact have a couple of attractive 12m fixed term deposits available, haven’t used them before though. Do any other platforms offer the facility of holding fixed term deposits? I called AJ Bell but they were less than helpful. Click…

Sunil and 10 others: Has anyone used past or present used Andy Hart and Voyant Mastery and could offer an honest review? Any alternative Voyant trainers people would recommend? Click…

Resource: 36 Ways IFAs, Financial Planners and Advisers Can use Scorecards in their Business

Every day I have a conversation with a financial planner, IFA or adviser on whether or not a scorecard, quiz or self-assessment tool would work for them. The conversation always starts around using scorecards for marketing and lead generation - but what most don't realise is that there are many other ways you can use them as an adviser.

Check this out: 36 Ways IFAs, Financial Planners and Advisers Can use Scorecards in their Business. Free download...

From LifeTalk Marketing

Phil: When I dig deep into an adviser's business, I often discover niches or micro niches hidden in plain site. I describe these as the shiny nuggets that can lead to even bigger seams of gold. Yet, unless you already focus on a specific client type, most advisers steer well clear of any form of niche marketing for fear they'll miss out on other markets. Check out why concentrating on a niche could transform your business. This is fantastic... 

Phil: If you're an IFA or Financial Planner, you may want to consider increasing your activity on LinkedIn. Posts from LinkedIn are now frequently showing up in Bing search results, often within just twelve hours. And given that Bing's usage has grown significantly due to Microsoft's investment in AI, this is an important development.

Since Microsoft owns both LinkedIn and Bing, the benefit of this integration is likely to continue. So posting on LinkedIn can now do more than just engage your network, it can also improve your online visibility through Bing search results, making it a highly effective way to establish your authority, credibility and expertise as a financial advice professional. Click…

Priceless from the great Tom Fishburne

From Financial Planning Rocks

Phil: Two amazing albums that are fifty years old today. Click…

Share LifeTalk Insider

Please don’t keep us a secret - tell your colleagues

That’s it for this week…

If you have enjoyed LifeTalk Insider, please forward this to your colleagues and suggest they subscribe here

As always, thanks for reading and see you next time.

If you have adviser friends or colleagues, or office team members who you think would benefit from joining LifeTalk, please copy and send them this link: https://www.facebook.com/groups/AdviserLifeTalk

For Financial Advice Professionals

• Marketing consultancy, adviser training and conference speaking

• Presentation and public speaking skills coaching

• LinkedIn coaching

• AI best practice

• Recommended book: Marketing and Lead Generation for Financial Advisers: 2023 edition