There is danger ahead for those financial advisory firms who miss the warning signs.As published in industry magazine FinancialAlert, this series of white papers are essential reading for every adviser coping with the financial crisis.
We are truly in extraordinary financial times which are clearly a threat to our traditional business models and future viability. As a result, we all need to take stock of how we have operated in the past, assess how the future may look and sensibly consider appropriate options for the future. Only then can we take radical action to rapidly alter our businesses in order to handle the new reality, restore profit margins and re-establish success.
We at Strategi have been looking at how all this affects our business in the short, medium and long term. There are implications, not just for our business and for those financial advisers, but for the whole financial services industry.
Here are the white papers that have been widely circulated throughout the New Zealand and Australian financial services industry:
