The UK financial planning world is overdue a shake-up. TRAP: The Real Adviser Podcast Live got me thinking: Are we innovating or just iterating? In this week's newsletter, what we need to do if we're serious about relevance now open.substack.com/pub/dfbwealth/…

I spoke to a potential client yesterday. A perfect fit as a self confessed HENRY. 50% of total asset wealth in crypto and another 20% in single company RSUs. He's quite relaxed. I wasn't so. Joe ₿ryan The Bitcoin IFA Should I be worried?

You earn well but still feel skint. That’s financial fog. Layers of fees, products & noise. I’m an advice‑only planner: no % cuts, just clarity. Want the 3‑step roadmap UK HENRYs use to see the wood for the trees? DM “FOG” #HENRYUK #AdviceOnly

The wealthy buy time. The busy buy distractions Most high earners I work with aren’t “free.” They’re over-leveraged, overworked, and overwhelmed. Financial freedom isn’t a number. It’s clarity. Autonomy. Choice.

Most "advisers" still don’t actually plan. Since going advice-only in 2022, here’s what I’ve learned: • Flat fees work • Planning > selling • People want clarity • No need to manage money to add value Hat tip to Cody Garrett, CFP®️ for leading the way. UK: we’re catching up

How IFAs charge has long been a central question in our profession. Many firms still rely on AUM compensation methods, reflecting a sales-driven approach, however financial advice in the UK has evolved with technological advancements and a greater focus on financial planning.

There are 7 steps in the financial planning process: 1. Understand your situation 2. Identify values and desired outcomes 3. Analyse courses of action 4. Develop 5. Present 6. & Implement recommendations 7. Monitor progress Don't trust or hire anyone who jumps straight to 5-6

Saw Angela Rayner in Cobham services today.

Ignore any 'personal' finance media that tells you: "You need £__________ to retire!" Your required portfolio balance will be primarily based on your unique retirement income and expense sources. No magic number applies to all people.

The TRAP podcast is worth a listen, even for non financial professionals, as it gives a real world insight into what we do, without the industry crap that fill usual money podcasts.

Only 9% of UK adults get regulated financial advice. Not a stat, a failure. We don’t have an advice gap. We have a distribution model problem. Measure what matters: 👉 More people helped. 👉 More lives changed. 👉 Less BS.

"My financial adviser doesn’t charge me anything. I’ve never had to tap my card on the way out." If that sounds like you, you’re paying. You just don’t know how much. And if your adviser hasn’t clearly told you, in pounds and pence, you need to ask why.

When I left the corporate world in 2022 to start a financial planning business, I thought clients would just… appear. They didn’t. open.substack.com/pub/dfbwealth/…

Sorry Nick Lincoln

Thinking of moving abroad? With the UK seemingly in a state of perpetual churn, more professionals are asking: “Should I move abroad?” Dubai, Italy, the US, Singapore, the destinations may differ, but the financial questions are the same. open.substack.com/pub/dfbwealth/…

Quick question: Would you rather be told WHAT to do with your money, or understand WHY you're not already doing it? The difference between financial advice and financial coaching might surprise you. open.substack.com/pub/dfbwealth/…

Today's newsletter: The £700,000 gift: Why smart parents are starting their children's financial journey before they can walk open.substack.com/pub/dfbwealth/…

The markets don't care about your "risk profile questionnaire" results. They only care about what you actually do when they drop by 30% open.substack.com/pub/dfbwealth/…

Hey, Grok, who was the most famous person to visit my profile? It doesn't need to be a mutual, don't tag them, just say who it was.

A message for Millwall FC My father in law is 75 today and will be at the game, as he always is, with a renewed vow that this will be the year. His name is Michael Toner. A shout out would be awesome! Thanks.