Adviser 3.0: The Podcast

Abraham and Owen have an energetic discussion, diving into: Owen’s career and how he got into financial journalism Owen’s standout moment in his journalism career Owen’s book Built on a Lie: The Rise and Fall of Neil Woodford and the Fate of Middle England’s Money: - He unpacks the details of Neil Woodford’s early life and his downfall - The FCA loophole which existed which enabled Woodford - The wider lessons for investors - The role of journalists – were they a part in hyping up Woodford to be ‘the man who couldn’t stop making money’? - 2 years on and the questions that remain unanswered– was it really built on a lie? - Woodford’s comeback… And finally, how Owen is saving for his own retirement

Abraham and Ola have an insightful discussion, going into the details about: How Ola got into the industry and what led to the creation of Fundment Where Ola is in terms of people, clients, and AUA Unpacking the £10m fundraising process, including £3.375 ETFS Capital Discussing the role of technology in the sector, in particular the old chestnut about outsourcing vs propriety tech Ola’s thoughts on the wall of PE money moving into platform and the most reliable form of platform ownership The big news about Timeline’s partnership with Fundment, and what we’ve been working on And of course, Ola’s plans for retirement…

Abraham and Bella dive into the nitty gritty of: Bella’s career and the journey that led to the creation of Fundscape Future aims for Fundscape’s joint venture with Altus, known as Finscape The flood of PE money going into platforms, and what’s driving this change Bella’s views on Vanguard flexing their muscles Whether vertical integration is still a dirty word The most positive developments over the past 20 years, both in terms of people development, fund managers and tech Bella’s approach to saving for retirement and what her portfolio looks like

Abraham and Sean delve into the details on: - Sean’s role as Managing Director, Europe at Vanguard and his career to date - An overview of Vanguard’s business in Europe today - The driver behind Vanguard’s foray into financial advice - Why Vanguard’s investment approach is proving so popular - The 10th anniversary of LifeStrategy Funds – and the secret behind their success... - What’s in the pipeline for Vanguard - Sean’s investment strategy and plans for retirement

Abraham and Rowena get straight to the point in this episode, covering: - Rowena’s background and work at the Institute for Fiscal Studies - What made her decide to take on her research and what the biggest revelation has been - Her recent involvement with the paper on, ‘When should individuals save for retirement? Predictions from an economic model of household saving behaviour’.        - Delving into the details of the lifecycle model and what this really means        - The power of habit        - A parent’s approach to retirement and impact of kids leaving home - The interplay between student loans, employer and employee pension contributions, and the uncertainty of earning pattern over once working career. - Whether you can pinpoint one saving strategy for all… - Her single biggest concern relating to retirement and the patterns associated with it today

Abraham and David dive into the nitty gritty of: David’s career and the journey that led him to launch Seccl Insight into Seccl – what it does and the third parties (APIs) it is connected with David’s thoughts on the state of adviser tech today and how ‘Adviser Platforms’ often don’t provide the technology advisers need David sold Seccl to Octopus for £10m, he explains the impact of this and his attitude to money The cost-structure at Seccl: How the costs stack up, whether advisers are adding margins to their costs and whether the model allows for flat fee pricing David’s thoughts on the state of the adviser platform industry today David’s personal approach to retirement and his plans for the future

SPECIAL EPISODE: Justin King interviews Abraham on the BIG NEWS for Timeline and Betafolio. Here’s what is on the agenda for this episode:  - How many pieces of tech advisers need, and the lack of seamless integration on the market - How Timeline is rebuilding the adviser tech stack to save advisers time, risk and cost AND deliver better client outcomes. - Reducing the cost of investing for the client through Evidence Based Investing and why it is the most effective way to capture returns. - BIG NEWS: The powerful combination of Timeline’s planning tools and Betafolio’s investment prowess as a single, combined proposition that delights advisers and their clients.

Abraham and Rebecca have an interesting discussion about: - Rebecca’s career at Balance: Wealth Planning, and insight into her personal journey that led to her starting the firm - Where she is in terms of people clients, and financial metrics - Since Balance started it’s grown incredibly fast, Rebecca explains the key drivers behind this - The significance of fees, and why they shouldn’t be adjusted to the client’s budget - What the investment process looks like today, including whether to outsource or build things internally, and what the pros and cons are to each approach - Rebecca’s single biggest bug bear about the profession - Rebecca’s personal approach to retirement

Abraham and David Ferguson get into the nitty gritty around: - David’s career journey, and how it led to the creation and rise of Nucleus - Nucleus’ new MPS solution (Nucleus IMX), and why Nucleus is taking on this segment of the market - The sale of Nucleus to James Hay, and the drivers behind this - The significant impact of having massive floods of PE money into the platform sector - Why the public markets have a lesser view of Nucleus in comparison to the likes of AJ Bell or Transact - David’s plans for the future and what his retirement plan and portfolio look like

Abraham and Kevin have a lively discussion around: - How Kevin started in Asset Management and his role at A J Bell Investments - Growing £1bn of assets organically and the investment approach behind it - Explaining the difference between discretionary MPS providers operating on AAC and reliance on others. - The significance of VAT and why it shouldn’t be charged to clients - Kevin’s biggest financial mistake - How Kevin plans to invest his retirement money