Advice Evolution - Non Weekly Update

In this podcast, David and Roldan were talking about Reviews and the New Review File Note to be able to help the Advisers for their review process.

This Episode covers the following: XY Adviser All Licensee PD Day (10 CPD points available) 3rd June 2022 Graduate Program (Utilising the Striver Platform) - Reach out to Brooke to show your interest in attending an information session. Reminder about the Core Data Licensee Survey 2022 Conference in Margaret River

Jeremy Paul was very generous and gave us his time for a Keynote speech at the conference in Coogee. This podcast is a follow up on that about his job at Bendigo which at that time was Funeral Bonds. The contact is Trevor Birks Trevor. Birks@bendigoadelaide.com.au

David, Jodie and Gesamay go through what you need for a review and how we can help Update the data Re confirm the objectives Check the product and underlying portfolio Give some advice Pick a file for your next Audit and tell us so we can check your process.

4 Pillars Non conflicted, No Mandate, Equity and control and Trust Rain Conference and Peer Groups Review process Funeral Bonds with Jeremy Conference in WA Cebu trip - CEO and EO Processes - recording Referrals - Advisers Easter Break 14-18 April Cebu Election on the 9th of May Pay queries - accounts@adviceevolution.com.au CPD XY adviser PD Day - 3rd of June  https://www1.xyadviser.com/posts...

Welcome back Covid?? VBP status - donation etc FPA of the year Conference, new content Face to Face Board meeting Site visits New TL's Pays Exited Advisers BP, HV, NB, NC, AW Education standards CPD Intranet Audit process and finding your info File notes vs advice Awards Conf RSVP Practice staff to conference Whats next for 2022

Merry Xmas May and the team Typhoon Pays Distribution VPB Xmas Party Northern Beaches storm Cricket New structure for 2022 FASEA Farewell BP, NB, Hank Go Fund me page https://gofund.me/980ae7fd CPD don't panic Recruiting PD Days xy Adviser Conference Update on Cebu When VBP come back to work

Xmas Unit Auction AE Virtual party State based catch ups FASEA Compliance Is there evidence of free, prior or informed consent on file Is there evidence that the client understood the advice prior to proceeding? Is there evidence on file on how the advice fees (Upfront/ongoing) has been determined? CPD FPA of the year, Jude, Jessele, Leam, Migs, Dan Noems got a haircut Last pay Distribution in Jan...

Fair, complete, non conflicted and current Lockdown File needs to show what you know Fees VBP Huddle FSG Register Sole Purpose Test Service Agreements TMD's Client size - risk vs reward and margin v risk Triage service FSC White paper - Expand consumer protections by raising the threshold under which consumers are identified as ‘retail clients’ to those with assets of less than $5 million and inde...

Complaints Handling October 2021 sees some changes to the internal disputes resolution process.  Advice Evolution will continue to guide you through this process and it is up to you to notify the dealer group as soon as you are aware of a complaint.  The update at practice level is in the area of social media, if you see a complaint come through a social media channel, you need to ensure...

Design and Distribute Obligations DDO obligation will come in as of 4 October this year, the objective is to ensure that all advice matches the intended application of the product.  To confirm this you will need to access the TMD for each product that you recommend, these can be found on the product providers website or the operations team can source them for you. Advice Evolution will be tre...

Call a friend ATMP Selling your book DDO Catching up with each other Conference Vaccines Advice Revolution Web Site Netwealth Advice Tech survey Codeword - Juliet CPD Survey - 24th Smile Huddle

Advice Dividend - we are a professional occupation Communication ATMP - Tal (Krystal). Covid and Files, employed advisers Conference Code word - You will have to Listen :-) Investment selection - Quals and let us know OSA - AE needs to know PD Day - 01 September Get Vaccinated Ops team and Huddle, ROA How do I sell my business DDO - TMD TPB Website SSHH Financials File preparation

RUOK? AE is her to help, engage with us it is lonely ATM Olympics Covid Professional Buck stops with us Trust We are in your corner

This episode goes into scoping with Jodie and David, Also available in Video if you wish to see our faces :-)

Fair, current, complete and free of conflict We are our clients only financial adviser Asset based fees - ASIC, treasury and FASEA Netwealth - core options, app, Zeppo, Managed accounts and ESG Audits, advisers are to prep the file, Noems will allocate a time FDS and agreements welcome TAL Monthly pay PD Day and Survey AE Update

Objectives David talks about getting the client objectives to flow through the advice and to be the centerpiece of the advice Files Files should be well named, structured, not contain duplicate documents and have some consistency

Fair, current, complete and free of conflict We are our clients only financial adviser Covid breakout FDS and access CFS letters Conference RSVP's reminder about PD day 7th July FDS for departing clients FSG finalisation EOFY Distribution

Fair, current, complete and free of conflict  We are our clients only financial adviser APL payment catchup Payway dont give away advice Ongoing admin vs advice Intranet pay frequency Innovation summit Anchor app Millennials Scoping, making sure the advice matches the clients wishes Codeword ROA? Risk profile? Surveys Individual advice means the product and investment choice should come after...

Fair, complete, current and non conflicted Financial planners are trusted and essential ongoing arrangements and Documents Practice Management class, Ops staff training Intranet FSG Update Video Tasking PD Day Hybrids ETF's Digital Currency Video Testimonials, Web site Welcome Tin and Maria (Allie) Peer group sessions Site Visits Payway - payment for card fees Adviser Office number on the invoice...

CEO Update # 37 Fair, complete, current and non conflicted Financial planners are trusted and essential Introduce Brooke ROA Risk Profile.  Cash and Market linked. Income, growth and accumulation Lack of Independence PD Day FASEA exam Conference need for advice to be renewed CFS new terms - ASIC Instagram Nucleus - Shelley George OGS - AAA File prep for Audit number of ROA's

CEO Update # 36 Fair, complete, current and non conflicted Financial planners are trusted and essential Rain, Rain, Rain Melbourne, Adelaide Worksorted, ROA and Midwinter, Audits CPD and Adviser Register Referrals video to task support staff Worksorted for Audit CPD for Podcast AAA or OSA  (FOFA) Read your documents Agreements and ROA's etc.. Codeword Melbourne PD Day Peer Groups Fees and spr...

CEO Update # 35 Fair, complete, current and non conflicted Financial planners are trusted and essential Is easy for the practice best for the client? Conference, next Conference, conference feedback 3-6 Nov Peer Groups awards Journey, Daines, Roe, United planning Melbourne Visit and PD Day Webinar 11 March - Managed accounts Fee Spreadsheet Gala Dinner CPD

CEO Update # 34 Fair, complete, current and non conflicted Financial planners are trusted and essential Best Practice v Ethical File Checklist and VBP completing Compliance Videos Scoping Conference Agenda CEO Site Visits

CEO Update # 33 Fair, complete, current and non conflicted Financial planners are trusted and essential Aust Super exp of Interest shared research document Ops team Ongoing Agreement vs annual agreement CFS ROA Conference update - Ethics Distribution - $4 Site visits Survey??? CPD Supervision and training - File checks Industry Exam