Financial adviser industry body, the Association of Goals Based Advice (AGBA) held its inaugural conference, ‘Bringing it all together’, where industry practitioners provided strategies for implementing a goals-based advisory business.
The conference also provided industry insights on the case for goals-based advice and the framework for goals-based investment portfolios in advice businesses.
The conference, which according to the body was the first of its kind for the industry, brought together practical knowledge and tools from advisers, dealer groups, institutions, asset consultants, researchers, industry commentators, fund managers, regulators, educators, administrators, and other industry professionals to help advisers implement goals-based advice in their businesses.
AGBA chairman, Matthew Walker said: “There are many ways for financial advisers to help their clients achieve their goals, and AGBA was founded to open up the conversation to include another perspective on how to provide goals-based advice and build investment solutions to meet those needs”.
“We are extraordinarily proud of bringing together a group of such high calibre individuals and businesses from our industry to share best practice and drive this important change.”
Chief investment officers (CIO), chief executives, and heads of advice from dealer groups shared their perspective on driving goals-based advice through their groups.
Asset consultants and researchers, Milliman, Averina Investment Management, Si Research Solutions, and Dynamic Asset Consulting shared their view on how the sector was changing and how researchers and asset consultants were adapting to the change. The conference also included CIOs and portfolio managers from fund managers.
AGBA is an industry association created by advisers for advisers. Advisers who provided their insights included Michelle Tate-Lovery from Unified Financial Services, Paul Giodano from Vogue Financial, Paul Moran from Moran Howlett, and Keith Jones from Affinity Wealth.
“They shared frank and open feedback with their peers on what worked well, what didn’t work well, challenges faced and benefits realised in moving to a goals-based advice practice,” the AGBA said.
