Planner Pulse 034: Michael Rees-Evans — Starting an independent financial planning practice
That means no commissions, no asset-based fees, and no ownership links with product manufacturers. There are very few – less than 100 – of those advisers in Australia.
Michael has a pretty interesting background. He trained as an accountant, and had a career in management consulting before moving into financial services and financial planning.
Listen and learn
In this episode, we talk about:
How Michael has used strong connections with an accounting business to help attract clients right from the get-go
Why being independent is important to him and his clients (and also a big selling point)
What successes Michael's achieved for both his clients and his business
What challenges Michael's had around capital, hiring and managing outsourcing providers