TRAP: The Real Adviser Podcast

Alan Smith; Andy Hart; Carl Widger; Nick Lincoln

Four business-owning entrepreneurial knuckleheads chew the fat on the sometimes murky, always quirky, world of UK and Irish personal finance. read less
BusinessBusiness
EntrepreneurshipEntrepreneurship
InvestingInvesting
MarketingMarketing

Episodes

52 - KPIs: Key People of Influence
Aug 29 2024
52 - KPIs: Key People of Influence
Click HERE to send the TRAP Pack a messageIn this latest pile of TRAP, the Trap Pack discussTopical issues, including more Irish fraud, US rookie adviser failure rate, UK IFA profitability trends, Central Bank of Ireland on crypto, BestInvest’s Spot The Dog, Vanguard getting “expensive”, SJP and Polaris, boring CVs, US pension horror stories, another AI startupMeat and Potatoes: KPIs - Key People of InfluenceQuestions posted by our beloved TRAPists Russ M and Ollie L (neither had socials)Culture CornerLinks referred to in the show:NL: turns out Hargreaves Lansdown DOES have a Slavery Policy. FFS. Goodnight, UK plc: https://x.com/HatTipNick/status/1824716616099156147CW: Investment Fraud alive and well in Ireland https://www.rte.ie/news/ireland/2024/0823/1466327-investment-fraud/#:~:text='Staggering'%20rise%20in%20investment%20fraud,%E2%82%AC28m%20stolen%20last%20year&text=Garda%C3%AD%20have%20warned%20of%20a,than%202021%20and%202022%20combinedNL: Cerulli 2023 report into US adviser numbers and rookie failures: https://www.cerulli.com/press-releases/the-financial-advisor-industry-has-a-headcount-problem H/T to Ermos Erotocritou CFP https://www.linkedin.com/in/ermos?miniProfileUrn=urn%3Ali%3Afsd_profile%3AACoAAAIJTVEBxQYOFu0tzywLz5MvLmC_1bYQ2yo&lipi=urn%3Ali%3Apage%3Ad_flagship3_detail_base%3BXD36DPgCTYWqsIEDTo2ciQ%3D%3DAS adviser profitability trends https://www.professionaladviser.com/news/4343067/profits-financial-adviser-firms AH - HL cash rates https://www.hl.co.uk/charges-and-interest-rates - Trading 212 5.2% to 5% - Transact 4.95% - CD Impact - What do DFMs pay. CW: The Central Bank of Ireland view on Cryptocurrency https://www.centralbank.ie/consumer-hub/crypto-consumer-information#:~:text=Crypto%20is%20not%20a%20regulated,crypto%20and%20crypto-related%20productsNL: https://www.ft.com/content/495a5329-c4f7-4731-938d-a============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
51 - Much Ado About Nothing
Aug 15 2024
51 - Much Ado About Nothing
Click HERE to send the TRAP Pack a messageIn this latest pile of TRAP, the Trap Pack discussTopical issues, including FPSB Ireland making great strides, Truflation, the primacy of equities, CISI Chartered Status, Verve Incubator, Hargreaves Lansdown delisting, HUM London nearly sold outMeat and Potatoes: Much Ado About NothingQuestions posted by our beloved TRAPist https://twitter.com/JoinedUpJillCulture CornerLinks referred to in the show:Shrinking advice market https://www.moneymarketing.co.uk/news/access-to-advice-shrinking-as-firms-focus-on-clients-with-higher-assets/ https://citywire.com/new-model-adviser/news/we-culled-20-of-our-clients-advisers-on-consumer-duty-one-year-on/a2447375?re=122463&refea=2113338&link_id=1678599 AH - FT Funds offering protection from volatility fail to deliver in sell-off - https://www.ft.com/content/2d2ce18b-f842-4912-babf-f4b8c1190c0d CW - FPSB Ireland - 5-year strategic plan https://www.fpsb.ie/cfp-professionals-area/financial-planning-awareness/AS - Truflation - 37% since 2020 (BofE says 23% CPI!) https://truflation.com/calculator NL - despite recent market downside volatility, equities retain primacy: https://monevator.com/us-historical-asset-class-returns/AS - CISI creates Chartered status based on a number of years working. CW: Mind-boggling Irish pillar bank profits https://www.rte.ie/news/business/2024/0731/1462736-bank-of-ireland-h1-results/AS - Verve adviser incubator- last cohort of 2024 https://www.professionaladviser.com/interview/4342130/adviser-incubator-meet-graduate-rebecca-bonnerAH - Kyle Walker divorce papers made public - https://assets.caselaw.nationalarchives.gov.uk/ewfc/b/2024/212/ewfc_b_2024_212.pdf NL/AH - Hargreaves Landsdown delisting: will the last company to leave UK plc please turn off the lights: https://www.thisism============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
50 - What's Risk Got To Do With It?
Aug 1 2024
50 - What's Risk Got To Do With It?
Click HERE to send the TRAP Pack a messageIn this latest pile of TRAP, the Trap Pack discussTopical issues, including cyber security, Monzo pensions, DFA Matrix Book, Métis Ireland work award, Consumer Duty one year on, stupid market predictions from Morgan StanleyMeat and Potatoes: What’s Risk Got To Do With It?Questions posted by NO beloved TRAPist because of timeCulture CornerLinks referred to in the show:Meat and Potatoes backstory:https://www.linkedin.com/posts/hattipnick_alan-smith-alanjlsmith-on-x-activity-7222193905272791040-cjlJ?utm_source=share&utm_medium=member_androidhttps://x.com/alanjlsmith/status/1815729851082400199?s=46AH - Wealth giant Evelyn up for sale as Permira seeks exit for £1.5bn - https://www.thetimes.com/business-money/companies/article/wealth-giant-evelyn-up-for-sale-as-permira-seeks-exit-for-15bn-gtcnw2s5f AS - Monzo pensions https://monzo.com/pensions AS - New DFA Matrix book is out https://tinyurl.com/4bmxwsne CW: Metis Ireland featured in Best Places to Work https://www.linkedin.com/feed/update/urn:li:ugcPost:7218177619588976640/?actorCompanyId=1912648CW: Morgan Stanley - “markets should brace for a 10% correction”https://www.independent.ie/business/world/markets-should-brace-for-a-stocks-correction-of-10pc/a2102767540.html?mc_cid=97232c45dc&mc_eid=f47c629345AS - advice to younger financial planners https://www.linkedin.com/pulse/my-advice-financial-planners-entrepreneurs-alan-smith--ckkae?utm_source=share&utm_medium=member_ios&utm_campaign=share_via AS -  Swim With The Sharks Without Being Eaten Alive: Outsell, Outmanage, Outmotivate and Outnegotiate your Competition https://amzn.eu/d/03sTVyQm NL: The Great Post Office Scandal by Nick Wallis: https://www.amazon.co.uk/Great-Post-Office-Scandal-multimillion/dp/1916302386CW: Do Business, Do Life Podca============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
49 - Universal Marketing Truths
Jul 18 2024
49 - Universal Marketing Truths
Click HERE to send the TRAP Pack a messageDella Voce was bobbing along lost somewhere in the Atlantic; Storyteller was in an internet-lousy Turkey. So we had a guest host in Samantha Russell, a “Chief Evangelist” or something. Check out her profile here: https://www.linkedin.com/in/samanthacrussell/recent-activity/all/In this latest pile of TRAP, the Trap Pack discussTopical issues, including the Euros, TRAP’s first award (yes, really), IRIS, JP Morgan Guide to Retirement, Powerball winners fleeced, humans trusted more than AI (no shit), Schroders Adviser Survey 2024, Tavistock v Titan, Meat and Potatoes: Universal Marketing TruthsQuestions posted by our beloved TRAPist Jake: https://www.linkedin.com/in/jacob-parsons1664Culture CornerLinks referred to in the show:Sam - https://news.northwesternmutual.com/planning-and-progress-study-2024 (People of all generations trust humans significantly more than AI when it comes to helping them with their financial plans, NL - IRIS tax-return software: https://www.iris.co.uk/products/iris-elements/tax/AH - JP Morgan Guide to Retirement 2024 PDF https://am.jpmorgan.com/us/en/asset-management/institutional/insights/retirement-insights/guide-to-retirement/ NL - US$60M Powerball winners fleeced by commission-based adviser: https://www.wsj.com/finance/investing/a-couple-won-the-powerball-investing-it-turned-into-tragedy-fc8fd31c?st=2kwdddr07zzvgb4&reflink=desktopwebshare_permalinkAH https://advisoryai.com/ Sam - wealth in America Edelman financial engines https://www.edelmanfinancialengines.com/wealth-in-america-2023 NL: Schroders Adviser Survey 2024: https://mybrand.schroders.com/m/698c9b0d5bf92c4/original/Schroders-Adviser-Pulse-Survey-2024.pdfAS - Tavistock/Titan debacle https://www.cityam.com/titan-and-tavistock-descend-into-legal-spat-over-sustained-period-of-unacceptable-performance/ NL: friend of the show Banke============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
48 - The Greatest Scandal Of All
Jul 4 2024
48 - The Greatest Scandal Of All
Click HERE to send the TRAP Pack a messageIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Della Voce’s 50th party, 12% commission for bust DFM, painful banking for IFAs, Vanguard’s 365 program, L&G workplace pension going into private equity, potential TRAP Tough Mudder team, Taylor Swift takes over Ireland, Debbie Condon’s LOA guide goes online, wasteful public pensionsMeat and Potatoes: The Greatest Scandal of AllQuestions posted by beloved TRAPist Catherine Morgan: https://www.linkedin.com/in/catherine-morgan-a762a413/Culture CornerLinks referred to in the show:Della Voce’s 50th party, 12% commission for bust DFM, painful banking for IFAs, Vanguard’s 365 program, L&G workplace pension going into private equity, potential TRAP Tough Mudder team, Taylor Swift takes over Ireland, Debbie Condon’s LOA guide goes online, wasteful public pensionsAH - The football, England 3 games away from lifting the trophy. Carl’s big birthday: https://www.youtube.com/shorts/SVTHjdpcFXUAll - advising on potential changes – removal of TFC, pre funding school fees etcCW: 12% commission for bust DFM https://citywire.com/new-model-adviser/news/dfm-directors-banned-for-69m-commission-driven-bond-scheme/a2445021?re=121444&refea=1287904&link_id=1652775NL - business banking thread in IFA Forum: good reports on Revolut, NatWest/Mettle, Lloyds. Very negative on Santander. Tide, Metro and Starling blow hot and cold.AS - Be Long https://www.be-long.co/ CW: Vanguard 365 Practice Management https://www.vanguard.co.uk/professional/vanguard-365/practice-management/marketing/how-to-build-your-professional-investor-branAH - L&G Workplace pensions to be diverted into private equity https://www.thetimes.com/article/22a4b825-b0ab-443c-b84b-80c55fb6e6ad?shareToken=544da25f69a4c890d0ca6acbb7f806ad AS - TRAP Tough Mudder Team.DFA resources https://www.dimensional.com/gb-en/financial-professionals/dimensional-360/business-strategy CW: Taylor Swift hits IrelandNL - Debbie Condon’s LOA guide goes online. It’s £4pm plus VAT: https://www.intuitivesuppor============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
47 - Of Tournaments And Trophies: The Awards Industry
Jun 20 2024
47 - Of Tournaments And Trophies: The Awards Industry
Click HERE to send the TRAP Pack a messageIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Storyteller’s Munich Massacre, useful online calculators, ATR questionnaires for three year olds (!), MPs and double standards (!), nomination of beneficiary woes, Vanguard TRAP seminar feedback, Ade Edmondson investment gaffMeat and Potatoes: Of Tournaments and Trophies: The Awards IndustryQuestions posted by our beloved TRAPist Tom NCulture CornerLinks referred to in the show:NL: reminder of how useful Hargreaves L online calculators are: https://www.hl.co.uk/pensions/tax-relief/calculatorCW: Central Bank of Ireland “Dear CEO” letter critical of compliance standards: https://www.independent.ie/business/personal-finance/brokers-heavily-criticised-for-poor-practices-by-central-bank/a1180315516.html?mc_cid=560d48dbac&mc_eid=f47c629345AH - MPs accused of double standards over pension scheme Only 1% of parliamentary retirement fund is invested in UK equities, despite politicians talking up the case for investing in Britain https://www.thetimes.com/article/705a7372-86cc-4bf4-af88-b4b5db9ff9ce?shareToken=5c0f02e19a8c5e3b990c965b10d058c8NL: WSJ story on nomination of beneficiary horror tale: https://www.wsj.com/personal-finance/inherited-retirement-savings-beneficiary-breakup-divorce-849e3ff2?st=r25xsho331jpvgg&reflink=desktopwebshare_permalinkAS - Vanguard TRAP Webinar on Adviser Alpha (300 registered - 200 attended live) Recording available https://event.on24.com/wcc/r/4584722/8D0D76D89A13CF7D9AF43C6FD0F9DD84AH - Credit Suisse Global Investment Returns Yearbook 2023 - https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/credit-suisse-global-investment-returns-yearbook-2023-summary-edition.pdf - JP Morgan, Barclays, CS, all conclude the markets beats any humans NL: Adrian Edmondson, another celebrity/influencer/endorser of property over pensions/GCOTW: ============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
46 - Politics - Do You or Don't You?
Jun 6 2024
46 - Politics - Do You or Don't You?
Click HERE to send the TRAP Pack a messageIn this latest pile of TRAP, the Trap Pack discussTopical issues, including BTC ETFs coming here, insurance payouts from Royal London, SPIVA Persistence, Bank of Ireland saving rate rises, pension dashboard (really dull), Canada Pension Plan active follies, Abrdn price cutsMeat and Potatoes: Politics - do you or don’t you?Questions posted by our beloved TRAPist www.twitter.com/DomSpaldingCulture CornerLinks referred to in the show:Vanguard TRAP landing page: https://www.vanguard.co.uk/professional/insights-education/events-webinars/vanguard-at-the-real-adviser-podcastTimeline TRAP landing page: https://www.timeline.co/trap-liveCW: The US TRAP?! The Unlock https://www.youtube.com/watch?v=5GP-laLIlssAS - BTC ETFs arrive in the UK https://www.ft.com/content/76e9ecf3-4429-42c5-a945-43ab92abfda4AH Royal London 2023 claims payout - https://adviser.royallondon.com/protection/our-claims-record/ NL: Neil Woodford’s excellent piece on the decline of the UK stock market (as covered by us in episode 17) (https://www.buzzsprout.com/2056762/12602273)https://www.woodfordviews.com/post/a-quarter-century-of-damaging-reformsAS - SPIVA Persistence Report Card https://www.spglobal.com/spdji/en/spiva/article/europe-persistence-scorecarCW: Bank of Ireland raises interest rates https://www.rte.ie/news/business/2024/0529/1451872-bank-of-ireland-deposit-rates/AH - Pension Dashboards - Aviva and Scottish Widows plan to become official pensions dashboard operators, joining a coalition of companies seeking to breathe life into the long-delayed project. https://www.thetimes.co.uk/article/aviva-and-scottish-widows-to-join-pension-dashboard-coalition-55f5ctfnf NL: Canada Pension Plan Fund tale of active woe: https://www.theglobeandmail.com/opinion/article-eighteen-years-and-46-billion-later-the-cpp-admits-it-could-have/AS Abrdn price cut ============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
44 - Bricks and Torture
Apr 25 2024
44 - Bricks and Torture
Click HERE to send the TRAP Pack a messageIn this latest pile of TRAP, the Trap Pack discussTopical issues, including the imminent TRAP Live event, superb service, FCA fee review update, Ultra’s new book (yes, really), Voice’s “planning” week, more Irish investment fraudMeat and Potatoes: Bricks and TortureQuestions posted by our beloved TRAPist Patrick DugganCulture CornerLinks referred to in the show:Meanwhile, service standards elsewhere are awful: https://www.ft.com/content/0a5d30ed-164f-4b9f-a049-fc9692219f79CW: Investment fraud https://www.rte.ie/news/2024/0405/1441779-investment-fraud/NL: Leveraging Wealth: The Advice Amplified podcast with IFA Pete Ridlington.Property vs. Equity: Tej Singh: https://pca.st/736pxk89Keeper Security over LastPass? https://www.keepersecurity.com/en_GB/ H/T to Jon Doyle www.twitter.com/juniper_jonDiary of a CEO - Jimmy Carr: "I've Found The Cure For My Anxiety!" https://www.youtube.com/watch?v=uHLAazKUU68CW: David McWilliams Podcast - interview with Michael Lewis re SBF https://podcasts.apple.com/ie/podcast/the-david-mcwilliams-podcast/id1462649946?i=1000651097893AS - Brett Davidson newsletter https://fpadvance.com/blog/============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
43 - The One About AI (Alan's Infatuation)
Apr 11 2024
43 - The One About AI (Alan's Infatuation)
Click HERE to send the TRAP Pack a messageTRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Paddy Andrews Métis Norway appt, US$90 trillion to move between generations, surge meeting review, SPIVA S&P Global, the passing of Danny Kahneman, another unregulated investment scheme goes belly up, Ali Hussain in the Sunday Times on adviser fee refundsMeat and Potatoes: AIQuestions posted by our beloved TRAPists www.twitter.com/@SamColbyButcher and https://www.linkedin.com/in/janemcaleeseCulture CornerLinks referred to in the show:CW: Paddy Andrews appointed Director at Metis Ireland: https://businessplus.ie/news/metis-ireland-paddy-andrews/NRL: 4 million US citizens will turning 65 every year until 2030. “A study from Knight Frank details that over $90 trillion in assets will move between generations over the next 20 years.”: https://www.morningstar.com/financial-advice/record-number-americans-are-turning-65-thats-great-news-financial-advisors?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_advisordigest&utm_content=52931AH surge meeting season over, thoughts, reflection, points to note. CW: Would a round table of active fund managers say the same? https://citywire.com/new-model-adviser/news/do-etf-bosses-invest-in-their-own-products/a2439481?re=118846&refea=1287904AH - Spiva S&P Global - https://www.spglobal.com/spdji/en/research-insights/spiva/NRL: “For all his knowledge of how foolish investors can be, Danny didn’t try to outsmart the market. “I don’t try to be clever at all,” he told me. Most of his money was in index funds. “The idea that I could see what no one else can is an illusion,” he said.“All of us would be better investors,” he often said, “if we just made fewer decisions.” Jason Zweig (paywall) article on the late Danny Kahneman: https://www.wsj.com/finance/investing/daniel-kahneman-behavioral-economics-270c9797?mod=djintinvestor_tCW: Solar 21 going pear-shaped despite “ray of light” last summer: ============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
42 - Clients or Customers?
Mar 28 2024
42 - Clients or Customers?
Click HERE to send the TRAP Pack a messageTRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Finish fables, JISA joys, Leffler love, cheap online tax-returns, total returns mean dividends, FCA thematic review #1,242, True Potential CEO says the quiet part out loudMeat and Potatoes: Clients or Customers?Questions posted by our beloved Steven S www.twitter.com/passivevanguardCulture CornerLinks referred to in the show:Edward Leffler: https://www.ft.com/content/6d4f870c-f39a-4a06-a18f-f1e65484f35aAH - https://www.taxd.co.uk/ Easy/Cheap Tax Filing. NL on this: should 40% PAYE taxpayers trust HMRC or should they self-assess as a matter of course?CW: Idea for your advisory firm ….. Metis 5K Fund Run for Charity https://www.linkedin.com/feed/update/urn:li:activity:7173968807340691458AS - total returns  https://www.timeline.co/blog/is-the-ftse-100-misleading NL - 100 years of Edward Leffler’s transformational idea: https://www.ft.com/content/6d4f870c-f39a-4a06-a18f-f1e65484f35aAH - FCA - Article - Undertaking cashflow modelling to demonstrate the suitability of retirement-related advice https://www.fca.org.uk/firms/undertaking-cashflow-modelling-demonstrate-suitability-retirement-related-advice CW: Metis Ireland is hiring https://www.linkedin.com/feed/update/urn:li:activity:7176905922131173376AS FCA Thematic Review / AS - Fees for no service https://www.fca.org.uk/publication/thematic-reviews/tr24-1.pdfCW: Most clients don't need advice according to True Potential CEO https://citywire.com/new-model-adviser/news/true-potential-ceo-its-very-rare-our-clients-need-advice/a2438636?re=118418&ea=1287904&utm_source=BulkEmail_NMA_Daily_Single_EAM&utm_medium=BulkEmail_NMA_Daily_Single_EAM&utm_campaign=BulkEm============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
41 - SJP et al: Big Brands, Big Challenges
Mar 14 2024
41 - SJP et al: Big Brands, Big Challenges
Click HERE to send the TRAP Pack a messageTRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discuss- Topical issues, including Artic Rambles, Bitcoin yawns, Irish Banks, double-dipping, British ISAs, good PR firms, Best Buy lists- Meat and Potatoes: SJP: Big Brands, Big Challenges- Questions posted by our beloved TRAPist Will Bennett: https://www.linkedin.com/in/will-bennett-dippfs-7a230792/- Culture CornerLinks referred to in the show:- NL - TRAP YouTube hits the Steve Harris mark. http://www.youtube.com/@adviserpodcasthttps://youtu.be/WxnN05vOuSM?si=bz8T7Cng7tOZ5sTX- AS - double dipping saga continues https://citywire.com/new-model-adviser/news/revealed-the-8-platforms-double-dipping-before-fca-s-deadline-today/a2437299 - AH - Norwegian Oil Fund to diversify to PE 3-5% - the fund drags to the extent it’s under-exposed to global equities. NEXT, all funds and all investors do. https://www.ft.com/content/55837df7-876f-42cd-a920-02ff74970098 - NL - Budget and British ISA! My LinkedIn piece: https://www.linkedin.com/posts/hattipnick_dear-worldnaacs-if-you-think-im-changing-activity-7171425884334182400-4tPp?utm_source=share&utm_medium=member_desktop- CW: A good PR firm = priceless https://www.irishtimes.com/business/2024/02/29/goodbody-fined-1225m-by-central-bank-for-breach-of-market-abuse-laws/- AS: 80/20 Principle - Richard Koch https://www.amazon.co.uk/80-20-Principle-Secret-Achieving/dp/1857883993 https://pca.st/episode/512b566a-e063-4ffa-b4d1-b22f3d51ec7f - CW: John Collison & Charlie Munder podcast https://podcasts.apple.com/us/podcast/a-conversation-with-charlie-munger-john-collison/id1154105909?i=1000637534393- NL: Tribes, by Seth Godin: https://www.goodreads.com/book/show/12262996-tribes- AH - Morning Brew Daily Email https://www.morningbrew.com/daily - AH - The Billionaire, The Butler, and the Boyfriend - https://www.netflix.com/title/81306326============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
40 - You're Fired!
Feb 29 2024
40 - You're Fired!
Click HERE to send the TRAP Pack a messageTRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Meta declaring its first dividend, update on TRAP Live, another FIRE story, Lombard Loans, Nikkei back to 1989, the “death” of the value premiumMeat and Potatoes: You’re Fired - Sacking Yourself OffQuestions posted by our beloved TRAPists Alastair P www.twitter.com/ap592dCulture CornerLinks referred to in the show:Financial Life Planner https://open.spotify.com/show/6vdF54D6IfBGy20h6Xvt4k Bulletproof Entrepreneur https://open.spotify.com/episode/0rcawAuktBSE66w7axio7V?si=xrfZjevNSLKlqkA6TnRRJQ  Lick’s latest Substack squib: https://www.hattipnick.com/p/a-quick-one-1989-and-all-thatNL - Meta pays its first dividend. US$0.50 a share but it’s a start: https://www.morningstar.co.uk/uk/news/245717/metas-first-dividend-explained.aspxCW: Latest article re FIRE movement https://www.irishtimes.com/your-money/2024/02/21/fire-is-financial-independence-retire-early-possible-look-at-how-you-are-spending-your-money/AS: Lombard loans https://www.firenzeme.com/NL - The Unhedged Podcast (FT): https://pca.st/ducu3zgtAS: Perplexity. Ai https://www.perplexity.ai/ AS: Excellent article on Kitces blog https://www.kitces.com/blog/prospect-process-advisor-value-client-relationship-trust-building/ AH - Pots of Gold - https://www.mygsn.co.uk/ cheap, healthy, simple and nice. The busy professionals dream.  CW: Why We Sleep by Matthew Walker - https://amzn.to/3IesCBm============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.
39 - The Wealth Transfer - Hype or Real?
Feb 15 2024
39 - The Wealth Transfer - Hype or Real?
Click HERE to send the TRAP Pack a messageTRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discuss- Topical issues, including TRAP Live announcement, scams, the Irish FPSB, accountants and pensions and misconceptions, Irish consolidation, retirement living standards, the destruction AND creation of wealth, HUM Premium price changes, MS Copilot- Meat and Potatoes: The Wealth Transfer: Hype or Real?- Questions posted by our beloved TRAPists Will Bennett https://www.linkedin.com/in/will-bennett-dippfs-7a230792/ - Culture CornerLinks referred to in the show:CW: Samantha Russel is www.twitter.com/samanthatwentyNL: www.tiny.cc/ifaforumAS - Scams https://x.com/alanjlsmith/status/1751905578580873378?s=46&t=sRHfdIQon2TfFJRFg7K23w AH -THE RETIREMENT LIVING STANDARDS - pro savings and thinking https://www.plsa.co.uk/Policy-and-Research/Topics/Retirement-Living-Standards - https://moneytothemasses.com/news/pension-needed-in-retirement-rises-in-2024-amidst-cost-of-living-crisisAS - Wealth destruction at scale https://markets.businessinsider.com/news/funds/cathie-wood-ark-invest-wealth-destroyed-tech-stocks-morningstar-arkk-2024-2AH - 15 Top Wealth Creators in the Fund Industry - https://www.morningstar.com/funds/15-top-wealth-creators-fund-industry-2 Wealth Transfer - Is the Hype Real?  - https://www.humansundermanagement.com/blog/wealth-transfer -AH - Stutz - Phil - Netflix: https://www.netflix.com/title/81387962 AS - Tim Ferris with Noah Kagan podcast https://www.youtube.com/watch?v=_htIvi4JzOsCW: Happy Birthday Triplets this Valentine’s Dayhttps://music.apple.com/ie/album/this-is-the-one/325549329?i=325549345 ============================Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues'Enjoy' the Twitter chat at @AdviserPodcast.