NEXT GEN FINANCIAL ADVICE

“Money doesn’t grow on trees.” Or does it? “Money can’t buy you happiness.” Or can it? No doubt money is a popular topic of chatter, especially with the financial year end approaching, which gives us all an opportunity to reflect on our own personal finances and see how we are sorted for the coming year.

Advisers need to look beyond the stereotypical client and reach out to a more diverse range of people, Fox and Hare adviser Glen Hare says. By targeting one demographic – wealthy, middle-aged men – advisers are stopping potential clients from understanding the value of advice, Hare says.

Glen spoke to Urban Village about the Royal Commission and what it means for you.