The best gift I ever gave

I am incredibly excited to be launching our new training portal for the advice community. You see, when I started No More Practice 10 years ago, as an online TV series that followed advisers through the sales process, I never could have imagined that it would turn into one of the largest training communities in Australian financial services for advisers.

Our early learnings, however, were critical to building No More Practice into an environment where advisers could learn as much about growing a better practice as they could about connecting with clients.

What made our programming so successful in the early days was the simple fact that our viewing audience could see themselves in the content: real advisers going through very real, and often stressful, situations to grow and evolve their businesses.

Having started my own business at the age of 26, our sister production company evolution media group, with a grand investment of $14,000 (and an awesome party), I understand all the too well the stresses, pressures, challenges and triumphs of creating something from nothing.

When you have a mature business, it’s easy for people to look from the outside in and think you have it easy – but all of us who run businesses know that’s certainly not the case.

For advisers, it’s been a stormy sea to navigate: legislation, negative press, internal and external scrutiny, and a serious lack of trust by the general public.

I truly believe however, that advisers are the single biggest link to more Australians receiving great advice and living the life of their dreams.

So I decided some time ago, that my job would be to support the people that could support the general public. We have been incredibly fortunate to attract a group of highly trained professionals who are also investing in advisers being the best they can be.

While we can always be cynical and ask why individuals and brands support our style of education, I heard a fascinating talk the other day by Paul Clitheroe, the chairman of the Australian Government Financial Literacy Board. He asked the question “’is it okay for brands to get credit for creating programs to support learning and the increase of skills?” The answer: “yes”.

I agree with Paul, and have always been incredibly grateful for the support of fund managers and licensees who believe that creating education that is both entertaining and up-to-the-minute is the best way for advisers to learn.

So this training portal is my gift to the advice industry. It’s also a considerable investment of time and my own money into giving advisers better tools to help them get their important work done. Our team worked for almost a full year on this and we are all incredibly proud of the outcome.

The training portal features a personalised dashboard which you can set up for free to track all your own CPD training for the financial year. If you have ever struggled to find CPD that you enjoyed, this is going to be a whole new world for you.

Our corporate licensee partners also have their own log-in so they can access leading training courses for their own advisory networks.

The training centre also boasts new show programming including our late night show After Hours with Mark Rantall (a true advice advocate and change creator), which sparks the conversations the advice community needs to have.

When it comes to learning about investing, we deliver it straight from the horse’s mouth as leading portfolio managers (who quite frankly don’t like leaving their offices!) talk about ideas, concepts and opportunities.

We’ve also built a specially designed section, client tools, to give advisers educational content that they can personalise and send out to their own clients and prospects. This is a great resource to use to engage with clients and develop an ongoing conversation around money.

Of course we will still be working on raising awareness with the broader population around the value of financial advice. We are in the process of filming our new Channel 9 TV show, The Investment Series as we speak.

So go ahead, set up your own dashboard, and browse the centre for ideas and concepts you want to know more about. You play such an important role in ensuring Australians achieve better financial outcomes. We are more than proud to serve you.

Let’s make the pension irrelevant for future generations.

The opinions expressed in this content are those of the author shown, and do not necessarily represent those of No More Practice or its related entities. All content is intended for a professional financial adviser audience only and does not constitute financial advice. To view our full terms and conditions, click here.

The opinions, advice, or views expressed in this content are those of the author or the presenter alone and do not represent the opinions, advice or views of No More Practice Education Pty Ltd. Our contents are prepared by our own staff and third parties who are responsible for their own contents. Any advice in this content is general advice only without reference to your financial objectives, situation or needs. You should consider any general advice considering these matters and relevant product disclosure statements. You should also obtain your own independent advice before making financial decisions. Please also refer to our FSG available here: http://www.nmpeducation.com.au/financial-services-guide/.

Honda or Tesla – it seems obvious, right?

If electric cars are the future of transportation, then Tesla is truly at the vanguard.

Your clients are probably already quite familiar with the company, and might have even seen a few charging stations for Tesla cars here and there. This is why, to many, buying Tesla shares seems like a good investment.

Conversely, an older company like Honda looks like investing in the past – but what if there were aspects about the two companies, and the world at large, that meant the opposite was true?

This piece by Orbis Investments explores that very idea.

In this piece, you will learn:

  • The current global market for electric vehicles
  • The dangers of “hype” in the stock market
  • Characteristics of Honda and Tesla shares