In this latest pile of TRAP, the Trap Pack discussTopical issues, including the imminent TRAP Live event, superb service, FCA fee review update, Ultra’s new book (yes, really), Voice’s “planning” week, more Irish investment fraudMeat and Potatoes: Bricks and TortureQuestions posted by our beloved TRAPist Patrick DugganCulture CornerLinks referred to in the show:Meanwhile, service standards elsewhere are awful: https://www.ft.com/content/0a5d30ed-164f-4b9f-a049-fc9692219f79CW: Investment fraud https://www.rte.ie/news/2024/0405/1441779-investment-fraud/NL: Leveraging Wealth: The Advice Amplified podcast with IFA Pete Ridlington.Property vs. Equity: Tej Singh: https://pca.st/736pxk89Keeper Security over LastPass? https://www.keepersecurity.com/en_GB/ H/T to Jon Doyle www.twitter.com/juniper_jonDiary of a CEO - Jimmy Carr: "I&apos;ve Found The Cure For My Anxiety!" https://www.youtube.com/watch?v=uHLAazKUU68CW: David McWilliams Podcast - interview with Michael Lewis re SBF https://podcasts.apple.com/ie/podcast/the-david-mcwilliams-podcast/id1462649946?i=1000651097893AS - Brett Davidson newsletter https://fpadvance.com/blog/Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

TRAP: The Real Adviser Podcast

44 - Bricks and Torture

TRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Paddy Andrews Métis Norway appt, US$90 trillion to move between generations, surge meeting review, SPIVA S&P Global, the passing of Danny Kahneman, another unregulated investment scheme goes belly up, Ali Hussain in the Sunday Times on adviser fee refundsMeat and Potatoes: AIQuestions posted by our beloved TRAPists www.twitter.com/@SamColbyButcher and https://www.linkedin.com/in/janemcaleeseCulture CornerLinks referred to in the show:CW: Paddy Andrews appointed Director at Metis Ireland: https://businessplus.ie/news/metis-ireland-paddy-andrews/NRL: 4 million US citizens will turning 65 every year until 2030. “A study from Knight Frank details that over $90 trillion in assets will move between generations over the next 20 years.”: https://www.morningstar.com/financial-advice/record-number-americans-are-turning-65-thats-great-news-financial-advisors?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_advisordigest&utm_content=52931AH surge meeting season over, thoughts, reflection, points to note. CW: Would a round table of active fund managers say the same? https://citywire.com/new-model-adviser/news/do-etf-bosses-invest-in-their-own-products/a2439481?re=118846&refea=1287904AH - Spiva S&P Global - https://www.spglobal.com/spdji/en/research-insights/spiva/NRL: “For all his knowledge of how foolish investors can be, Danny didn’t try to outsmart the market. “I don’t try to be clever at all,” he told me. Most of his money was in index funds. “The idea that I could see what no one else can is an illusion,” he said.“All of us would be better investors,” he often said, “if we just made fewer decisions.” Jason Zweig (paywall) article on the late Danny Kahneman: https://www.wsj.com/finance/investing/daniel-kahneman-behavioral-economics-270c9797?mod=djintinvestor_tCW: Solar 21 going pear-shaped despite “ray of light” last summer: https://www.independent.Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

43 - The One About AI (Alan's Infatuation)

TRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Finish fables, JISA joys, Leffler love, cheap online tax-returns, total returns mean dividends, FCA thematic review #1,242, True Potential CEO says the quiet part out loudMeat and Potatoes: Clients or Customers?Questions posted by our beloved Steven S www.twitter.com/passivevanguardCulture CornerLinks referred to in the show:Edward Leffler: https://www.ft.com/content/6d4f870c-f39a-4a06-a18f-f1e65484f35aAH - https://www.taxd.co.uk/ Easy/Cheap Tax Filing. NL on this: should 40% PAYE taxpayers trust HMRC or should they self-assess as a matter of course?CW: Idea for your advisory firm ….. Metis 5K Fund Run for Charity https://www.linkedin.com/feed/update/urn:li:activity:7173968807340691458AS - total returns  https://www.timeline.co/blog/is-the-ftse-100-misleading NL - 100 years of Edward Leffler’s transformational idea: https://www.ft.com/content/6d4f870c-f39a-4a06-a18f-f1e65484f35aAH - FCA - Article - Undertaking cashflow modelling to demonstrate the suitability of retirement-related advice https://www.fca.org.uk/firms/undertaking-cashflow-modelling-demonstrate-suitability-retirement-related-advice CW: Metis Ireland is hiring https://www.linkedin.com/feed/update/urn:li:activity:7176905922131173376AS FCA Thematic Review / AS - Fees for no service https://www.fca.org.uk/publication/thematic-reviews/tr24-1.pdfCW: Most clients don&apos;t need advice according to True Potential CEO https://citywire.com/new-model-adviser/news/true-potential-ceo-its-very-rare-our-clients-need-advice/a2438636?re=118418&ea=1287904&utm_source=BulkEmail_NMA_Daily_Single_EAM&utm_medium=BulkEmail_NMA_Daily_Single_EAM&utm_campaign=BulkEmail_NMA_Daily_Single_EAMTake part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

42 - Clients or Customers?

TRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discuss- Topical issues, including Artic Rambles, Bitcoin yawns, Irish Banks, double-dipping, British ISAs, good PR firms, Best Buy lists- Meat and Potatoes: SJP: Big Brands, Big Challenges- Questions posted by our beloved TRAPist Will Bennett: https://www.linkedin.com/in/will-bennett-dippfs-7a230792/- Culture CornerLinks referred to in the show:- NL - TRAP YouTube hits the Steve Harris mark. http://www.youtube.com/@adviserpodcasthttps://youtu.be/WxnN05vOuSM?si=bz8T7Cng7tOZ5sTX- AS - double dipping saga continues https://citywire.com/new-model-adviser/news/revealed-the-8-platforms-double-dipping-before-fca-s-deadline-today/a2437299 - AH - Norwegian Oil Fund to diversify to PE 3-5% - the fund drags to the extent it’s under-exposed to global equities. NEXT, all funds and all investors do. https://www.ft.com/content/55837df7-876f-42cd-a920-02ff74970098 - NL - Budget and British ISA! My LinkedIn piece: https://www.linkedin.com/posts/hattipnick_dear-worldnaacs-if-you-think-im-changing-activity-7171425884334182400-4tPp?utm_source=share&utm_medium=member_desktop- CW: A good PR firm = priceless https://www.irishtimes.com/business/2024/02/29/goodbody-fined-1225m-by-central-bank-for-breach-of-market-abuse-laws/- AS: 80/20 Principle - Richard Koch https://www.amazon.co.uk/80-20-Principle-Secret-Achieving/dp/1857883993 https://pca.st/episode/512b566a-e063-4ffa-b4d1-b22f3d51ec7f - CW: John Collison & Charlie Munder podcast https://podcasts.apple.com/us/podcast/a-conversation-with-charlie-munger-john-collison/id1154105909?i=1000637534393- NL: Tribes, by Seth Godin: https://www.goodreads.com/book/show/12262996-tribes- AH - Morning Brew Daily Email https://www.morningbrew.com/daily - AH - The Billionaire, The Butler, and the Boyfriend - https://www.netflix.com/title/81306326Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

41 - SJP et al: Big Brands, Big Challenges

TRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Meta declaring its first dividend, update on TRAP Live, another FIRE story, Lombard Loans, Nikkei back to 1989, the “death” of the value premiumMeat and Potatoes: You’re Fired - Sacking Yourself OffQuestions posted by our beloved TRAPists Alastair P www.twitter.com/ap592dCulture CornerLinks referred to in the show:Financial Life Planner https://open.spotify.com/show/6vdF54D6IfBGy20h6Xvt4k Bulletproof Entrepreneur https://open.spotify.com/episode/0rcawAuktBSE66w7axio7V?si=xrfZjevNSLKlqkA6TnRRJQ  Lick’s latest Substack squib: https://www.hattipnick.com/p/a-quick-one-1989-and-all-thatNL - Meta pays its first dividend. US$0.50 a share but it’s a start: https://www.morningstar.co.uk/uk/news/245717/metas-first-dividend-explained.aspxCW: Latest article re FIRE movement https://www.irishtimes.com/your-money/2024/02/21/fire-is-financial-independence-retire-early-possible-look-at-how-you-are-spending-your-money/AS: Lombard loans https://www.firenzeme.com/NL - The Unhedged Podcast (FT): https://pca.st/ducu3zgtAS: Perplexity. Ai https://www.perplexity.ai/ AS: Excellent article on Kitces blog https://www.kitces.com/blog/prospect-process-advisor-value-client-relationship-trust-building/ AH - Pots of Gold - https://www.mygsn.co.uk/ cheap, healthy, simple and nice. The busy professionals dream.  CW: Why We Sleep by Matthew Walker - https://amzn.to/3IesCBmTake part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

40 - You're Fired!

TRAP LIVE IS HAPPENING ON 9th MAY 2024. BUY TICKETS HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discuss- Topical issues, including TRAP Live announcement, scams, the Irish FPSB, accountants and pensions and misconceptions, Irish consolidation, retirement living standards, the destruction AND creation of wealth, HUM Premium price changes, MS Copilot- Meat and Potatoes: The Wealth Transfer: Hype or Real?- Questions posted by our beloved TRAPists Will Bennett https://www.linkedin.com/in/will-bennett-dippfs-7a230792/ - Culture CornerLinks referred to in the show:CW: Samantha Russel is www.twitter.com/samanthatwentyNL: www.tiny.cc/ifaforumAS - Scams https://x.com/alanjlsmith/status/1751905578580873378?s=46&t=sRHfdIQon2TfFJRFg7K23w AH -THE RETIREMENT LIVING STANDARDS - pro savings and thinking https://www.plsa.co.uk/Policy-and-Research/Topics/Retirement-Living-Standards - https://moneytothemasses.com/news/pension-needed-in-retirement-rises-in-2024-amidst-cost-of-living-crisisAS - Wealth destruction at scale https://markets.businessinsider.com/news/funds/cathie-wood-ark-invest-wealth-destroyed-tech-stocks-morningstar-arkk-2024-2AH - 15 Top Wealth Creators in the Fund Industry - https://www.morningstar.com/funds/15-top-wealth-creators-fund-industry-2 Wealth Transfer - Is the Hype Real?  - https://www.humansundermanagement.com/blog/wealth-transfer -AH - Stutz - Phil - Netflix: https://www.netflix.com/title/81387962 AS - Tim Ferris with Noah Kagan podcast https://www.youtube.com/watch?v=_htIvi4JzOsCW: Happy Birthday Triplets this Valentine’s Dayhttps://music.apple.com/ie/album/this-is-the-one/325549329?i=325549345 Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

39 - The Wealth Transfer - Hype or Real?

TRAP LIVE IS HAPPENING ON 9th MAY 2024. REGISTER YOUR INTEREST HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Transact price reductions, disastrous Lifestyling consequences, Métis Annual Planning Day, US$6TN in cash, Financial Planning Week, Irish IX set for launch, Hargreaves Lansdown pension complainant, Capital is recruiting, HUM London speaker suggestions please, TRAP Live updateMeat and Potatoes: Investment Fundamentals 101Questions posted by our beloved TRAPists Chris Bowers: https://www.linkedin.com/in/chris-bowers-043190174/ Culture CornerLinks referred to in the show:NL Investment Philosophy: https://www.dropbox.com/scl/fi/ow70abae5od6a52tymvan/V2V-Investment-and-Asset-Allocation-Philosophy-2024.pdf?rlkey=w2yg7mbt3eyoznckdcm1hje3s&dl=0AH - Transact price reductions - https://www.transact-online.co.uk/introduction-january-2024/AH - Lifestying revisited - FT Podcast - high return to low return - missed returns now capital destruction - https://www.ft.com/content/ab059105-b9f5-4e7e-8896-dbdede87c3afhttps://henrytapper.com/2024/01/27/no-one-cares-as-much-about-your-pension-as-you-do-but-claer-barrett-comes-closeLifestyling your way to poverty - Maven Money - https://www.mavenadviser.com/podcast-9/lifestyle-poverty CW - Metis Annual Planning Day https://www.linkedin.com/feed/update/urn:li:activity:7153120249381376001/NL: Record amount sitting in cash in the US ($6TN): https://apolloacademy.com/6-trillion-on-the-sidelines-in-money-market-funds/AH - Financial Planning Week 2024 - Jan 22-28th - https://www.cisi.org/cisiweb2/wayfinder/tips-and-toolsAS - New HMRC app https://apps.apple.com/gb/app/hmrc/id514561561AS/NL: lunatic gambles away pension pot and then runs to Mummy crying: https://www.ftadviser.com/sipp/2024/01/22/pensioner-urges-hargreaves-to-create-safeguards-after-he-gambled-away-sipp/AS - Finimize Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

38 - Investment Fundamentals 101

TRAP LIVE IS HAPPENING ON 9th MAY 2024. REGISTER YOUR INTEREST HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including Irish salary sacrifice, Ray Trapani interview with Storyteller and BitCoin ETFs, NextGen and Verve adviser resources, cash flow as an “optional extra”, Timeline Classic 50 MPS lauditsMeat and Potatoes: ABL - Always Be LearningQuestions posted by our beloved TRAPists www.twitter.com/abb04645603Culture CornerLinks referred to in the show:CS - salary sacrifice https://www.revenue.ie/en/tax-professionals/tdm/income-tax-capital-gains-tax-corporation-tax/part-05/05-01-01k.pdfAH - a year in returns: https://novelinvestor.com/2023-a-year-in-returns/?mc_cid=dd7293af86&mc_eid=60c55a4dd8AS - NextGen and Verve resources: https://www.nextgenplanners.co.uk/academy https://thevervefoundation.co.uk/incubator/NL - BitCoin ETF: https://news.bitcoin.com/vanguard-deepens-anti-crypto-stance-after-disallowing-spot-bitcoin-etf-trading-ark-ceo-says-its-a-terrible-mistake/AH - Timeline Classic: https://portfolio-adviser.com/defaqto-names-timeline-classic-50-as-most-recommended-mps-by-advisers/Google Keep: https://keep.google.comEvernote: https://evernote.com/Readwise: https://readwise.io/CW: Michael Kitces podcast on the “big swap” for Finacial Advisers - health and wealth https://podcasts.apple.com/ie/podcast/financial-advisor-success/id1190341231?i=1000640311861NL: Dead In The Water:Murder and Fraud in the World&apos;s Most Secretive Industryhttps://www.amazon.co.uk/Dead-Water-Murder-Secretive-Industry-ebook/dp/B09LXD9LSP/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=AS - Ali Abdaal Feel Good Productivity https://www.amazon.co.uk/Feel-Good-Productivity-Achieve-More-Matters/dp/184794373X y AH - The Family Board Meeting: You Have 18 Summers to Create Lasting Connection with Your Children Third EditTake part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

37 - ABL - Always Be Learning

TRAP LIVE IS HAPPENING ON 9th MAY 2024. REGISTER YOUR INTEREST HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including a clash over FIRE, Morgan Stanley’s woeful 2023 prediction, the follies of mis-asset allocation, BitCoinMeat and Potatoes: Three Wins, Two Learns, One GoalQuestions posted by our beloved TRAPists Guy Skinner (http://linkedin.com/in/guy-skinner-citygate-financial-planning) and Benjamin Mitchell (www.twitter.com/themoneyscot)Culture CornerLinks referred to in the show:NL: IFA Forum late burst on 31st December to 428 members. www.tiny.cc/ifaforumNL: Morgan Stanley prediction for 2023: https://www.thinkadvisor.com/2022/12/19/new-stock-market-low-coming-in-2023-morgan-stanley-strategist/?kw=New%2520Stock%2520Market%2520Low%2520Coming%2520in%25202023:%2520Morgan%2520Stanley%2520Strategist&utm_source=email&utm_medium=enl&utm_campaign=topstories&utm_content=20221225&utm_term=tadvAS - comments on LI post https://www.linkedin.com/posts/alancapital_heres-where-the-sharpest-brains-on-wall-activity-7146472490666508288-nN2b?utm_source=share&utm_medium=member_iosCW: The bitcoin story in full Bitcoin above $45,000 for first time since April 2022 (rte.ie)NL: Top books from 2023https://www.goodreads.com/book/show/60018618-unreasonable-hospitalityhttps://www.goodreads.com/book/show/17572998-the-bethttps://www.goodreads.com/book/show/55223171-askhttps://www.goodreads.com/book/show/122765395-elon-muskCW: Netflix Blue Zones https://www.netflix.com/ie/title/81214929AH - The Love Expert: The REAL Reason We’re Lonely, Loveless, Depressed - Alain De Botton, School Of Life - https://www.youtube.com/watch?v=oI7BxBNp1uE AS: Salary Survey BWD Financial Services Earnings & Benefits CensTake part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

36 - Three Wins, Two Lessons, One Goal

TRAP LIVE IS HAPPENING ON 9th MAY 2024. REGISTER YOUR INTEREST HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including a Royal London/Lang Cat report on value, the strong market close to 2024, some boring Bitcoin updates, the wickedness of pension complications, and client Xmas pressies - yes or no?Meat and Potatoes: Crushing Content CreationQuestions posted by our beloved TRAPists www.twitter.com/@paulcleworth https://www.linkedin.com/in/paulcleworthCulture CornerLinks referred to in the show:AS: https://pca.st/episode/cc60d64a-b361-455c-8366-ed7be8ce04cf://pca.st/episode/cc60d64a-b361-455c-8366-ed7be8ce04cf https://adviser.royallondon.com/campaigns/people-powered/deliver-value-for-your-clients/explore-our-meaning-of-value-research/ NL: it’s almost wicked how complicated pensions have become again. The layman has no chance: https://techzone.abrdn.com/anon/public/pensions/finance-bill-tax-free-cash-2024?Opendocument=&utm_campaign=ADV-TEC-Not-Eligible-18122023&utm_medium=email&utm_source=Eloqua&utm_content=CSLAR000000163451&SHA=155d4e8dc50eeae367eafd2801a697a915f33e1ab43bb7a960f033783dd77950AS GEM ; Hugh van Cuylenburg Video! https://watch.amazon.co.uk/detail?gti=amzn1.dv.gti.374d37ba-da4f-4b30-a297-912cfea97173&territory=GB&ref_=share_ios_movie&r=web AS - Jeff Bezos on Lex Friedman https://youtu.be/DcWqzZ3I2cY?si=dvG79OxOkStq9c6F NL: Trillions (Kindle) by Robin Wigglesworth: https://www.amazon.co.uk/s?k=trillions+robin+wigglesworth&crid=3G26J5N00FU6M&sprefix=trillions%2Caps%2C84&ref=nb_sb_ss_ts-doa-p_2_9Robin was on Bulletproof Entrepreneur S2E3: https://pca.st/ro3od2niAH - Historical Newspapers - https://www.historic-newspapers.co.uk/ CW: Accepting Change - a meditation by Sarah Blondin Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

35 - Crushing Content Creation

TRAP LIVE IS HAPPENING ON 9th MAY 2024. REGISTER YOUR INTEREST HERE: www.therealadviserpodcast.comIn this latest pile of TRAP, the Trap Pack discussTopical issues, including the passing of Bill Vasilieff and Charlie Munger, Sunday Times on Value Assessments, Paul Lewis and sitting in cash, JP Morgan Retirement Report, lunch with a legendMeat and Potatoes: Centres of Influence - Marketing Series 2/3Questions posted by our beloved TRAPists www.twitter.com/@MApowling and www.twitter.com/themoneyscot https://www.linkedin.com/in/benjamin-mitchell-695897101 Culture CornerLinks referred to in the show:AS - Sunday Times report on Value Assessments https://www.thetimes.co.uk/article/buried-treasure-why-are-fund-value-reports-so-hard-to-nd-vfzpdgxvlNL: (H/T to www.twitter.com/@sky_valley87) Paul Lewis - 100% of his pension fund in cash….. People are influenced by his ilk, so know your enemy (said with love): https://www.dailymail.co.uk/money/meandmymoney/article-12790055/Radio-4-broadcaster-Paul-Lewis-pension-CASH-not-shares.htmlAS: Opensea (NFT platform) revenue down 99% https://watcher.guru/news/opensea-nfts-revenue-has-fallen-99-since-march-2022AS - JP Morgan retirement report https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/retirement-insights/guide-to-retirement-us.pdf NL - register your interest to secure the limited tickets for TRAP Live (under£200): www.therealadviserpodcast.comNL: Charlie Munger from the grave via the “Invest Like The Best”: https://pca.st/56lkwov4AS: 1. Vanishing Act, ITV - https://www.itv.com/watch/vanishing-act/10a2997/10a2997a0001  AS 2  - The Edge of Everything https://www.amazon.co.uk/Edge-Everything-Ronnie-OSullivan/dp/B0CJJZYS36  AH - My First Million podcast - Tiny story and founder - Andrew Wilkinson, boring businesses - well worth a listen for FA - Tiny is pitched as the Berkshire Hathaway of the internet - https://www.youtube.com/watch?v=YQJBapVwLqo AH - Bill Nighy Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

34 - Centres of Influence

In this latest pile of TRAP, the Trap Pack discussTopical issues, including a recap of HUM, hitting 500 YT subscribers, final call for the Irish Ideas Exchange, Consumer Duty updates, planning for 2024Meat and Potatoes: Revolutionise Your Referrals - Marketing Series 1/3Questions posted by our beloved TRAPists Master JCulture CornerLinks referred to in the show:AS FCA letter/ media and platforms requesting fee justification https://www.fca.org.uk/publication/correspondence/dear-ceo-letter-fca-expectations-wealth-management-stockbroking-firms.pdfNL- New research on safe withdrawal rates https://www.morningstar.com/retirement/good-news-safe-withdrawal-rates AS Filth https://www.tickmill.co.uk/futures?redir=0&__hstc=94732803.66d8516e5806623afdf330775f39559a.1699629257117.1699629257117.1699629257117.1&__hssc=94732803.1.1699629257117&__hsfp=47545668&_gl=1*1ncrq1u*_ga*MTY5NTgyNjM1OC4xNjk5NjI5MjU1*_ga_1KQF7MN5TZ*MTY5OTYyOTI1NS4xLjAuMTY5OTYyOTI1NS4wLjAuMA..NL - Colin Turton’s Adviser Asset - decent curation of platform/provider announcements. Sign up here: https://www.adviserasset.co.uk/contact-us/ “sign me up for Communications targeting UK Financial Advisers”AH - Hotel Chocolat sold to Mars, a brief story around this and ‘selling out’ https://www.theguardian.com/business/2023/nov/16/hotel-chocolat-founders-mars-takeover-angus-thirlwell IFA when they sell, maintaining integrity to clients and themselves. Thoughts around this. NL - very quick plug for the IFA Forum: www.tiny.cc/ifaforumAS - another new fintech launch focused on low costs https://www.altfi.com/article/exclusive-tandem-bank-co-founders-launch-prosper-with-gbp3-2m-aiming-to-reshape-wealth-managementAS: https://vimeo.com/44316413AS: https://www.amazon.co.uk/Just-Ask-generate-referrals-business-ebook/dp/B09LYXJ5VAS: https://clientdrivenpractice.com/about-stephen-wershing/AS: "The Game of Numbers" by NickTake part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

33 - Revolutionise Your Referrals

In this latest pile of TRAP, the Trap Pack discussTopical issues, including the rise and fall of Open Money, Vanguard leaving China, Irish Ideas Exchange, are we talking about events in the Middle East with affected clients, new Brett Davidson White Paper, Andy rants about the FCA and crypto, SJP adviser saddled with a business loan, Wealthfront débâcle, HUM London happening on the day of this episode’s releaseMeat and Potatoes: The FINAL Exit Strategy: getting all the stuff documented, for that day when you’re not around anymoreQuestions posted by our beloved TRAPists https://www.twitter.com/gregorpolson93Culture CornerLinks referred to in the show:https://fpadvance.com/whitepaper/how-to-solve-scale-problem/ https://x.com/andrewdbeer1/status/1719337890734289135?s=46&t=sRHfdIQon2TfFJRFg7K23wAH - https://businesscloud.co.uk/news/what-went-wrong-at-openmoney/NL: Vanguard turns it back on China: https://www.pionline.com/money-management/vanguard-takes-final-step-exit-china-dismantling-last-teamNL - US pension allowances v UK - massive difference! https://www.wsj.com/personal-finance/retirement/americans-can-stick-more-cash-in-their-401-k-s-next-year-thanks-to-inflation-5fb4d09fAH - FCA Crypto https://www.fca.org.uk/investsmart/crypto-basicsAH - Google Interview Warmup Tool - https://grow.google/certificates/interview-warmup/CW: JL Collins talk at Google https://youtu.be/T71ibcZAX3I?si=fB9-jy29kMbKhn72AS - Sylvester Stallone on Netflix https://www.netflix.com/title/81450717?s=i&trkid=0NL - Elon and Joe podcast video on Daily Motion: https://www.dailymotion.com/video/x8p91p6NL - “Think and Grow Rich” by Napoleon Hill on Kindle at £0.99p: kindle 99p: https://www.amazon.co.uk/Think-Grow-Rich-Napoleon-Hill-ebook/dp/B08776ZZY4/ref=sr_1_1?crid=30XHCZM2EQYUA&keywords=kindle+99p+books+think+and+grow+rich&qid=1699191187&sprefix=kindle+99Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

32 - The FINAL Exit Strategy

In this latest pile of TRAP, the Trap Pack discuss- Topical issues, including SJP swallowing Consumer Duty, NextWealth IFA report, M&G closing its property fund, Irish budget investor woes, adviser mastermind top tips- Meat and Potatoes: Taking THAT Fork In The Road- Questions posted by our beloved TRAPists Stuart Mullen- Culture CornerLinks referred to in the show:AS: https://www.nextwealth.co.uk/research/financial-advice-business-benchmarks-report-2023/ NL: https://www.mandg.com/news-and-media/press-releases/mandg-investments/2023/19-10-2023?utm_campaign=EM_RTL_MA_UKA_OTH_20231016_TBC&utm_medium=email&utm_source=EloquaPhilip Palaveev https://ensemblepractice.com/about/philip-palaveev/ Startup Loans https://www.startuploans.co.uk/ AH - Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life - https://amzn.to/3tljmqE CW: Elon Musk by Walter Isaackson https://www.amazon.co.uk/Elon-Musk-Walter-Isaacson/dp/1398527491CW: The best backpack in the world ever! https://nordace.com/en/product/nordace-siena-smart-backpack/AS - Good/Bad Billionaires https://www.bbc.co.uk/sounds/brand/p0g7xj36Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

31 - Taking THAT Fork In The Road

In this latest pile of TRAP, the Trap Pack discussTopical issues, including TRAP Live on 9th May 2024, the TRAP Pack officially open the World Cup in Paris, the annual CISI shindig, Storyteller’s Limerick tripMeat and Potatoes: the chaps discuss the FIRE movementQuestions posted by our beloved TRAPists Jono Randell-Nash www.linkedin.com/in/jono-randell-nash and www.twitter.com/@juniper_jonCulture CornerLinks referred to in the show:NL - Doomslayer - a weekly dose of good news from Human Progress: https://humanprogress.org/projects/news-archives/NL - Rocketbook: https://getrocketbook.co.uk/products/rocketbook-core?variant=39671409934408AS - The Missing Billionaires by Victor Haghani And his Ted Talk Where are all the Billionaires? & Why Should We Care?: Victor Haghani at TEDxSPSThe Missing Billionaires: A Guide to Better Financial DecisionsAH - Michael Lewis - Going Infinite: The Rise and Fall of a New Tycoon - https://www.amazon.co.uk/s?k=michael+lewis+going+infinite&crid=CLHM5FZICS7Z&sprefix=michael+lewis+%2Caps%2C135&ref=nb_sb_ss_ts-doa-p_1_14 CW: The Ride of a Lifetime by Bob Iger CEO of Disney https://www.amazon.co.uk/Ride-Lifetime-Lessons-Learned-Company/dp/0399592091NL - Monzo Investments: invest as little as £1 to get started. Three Blackrock funds. Almost zero friction: https://monzo.com/investments/=========================== ===Take part in the conversation! We want YOU to suggest topics and questions you’d like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues &apos;Enjoy&apos; the Twitter chat at @AdviserPodcast. 

30 - FIRE Away!

Four business-owning entrepreneurial knuckleheads chew the fat on the sometimes murky, always quirky, world of UK and Irish personal finance.

hubhopper

TRAP: The Real Adviser Podcast

hubhopper