Top US Financial Planner in UK to debate planning's digital future
A prominent American Financial Planner is in England this week to discuss the future of Financial Planning in the digital age.
Michael Kitces is a guest speaker at two conferences, starting in London today.
He is set to address delegates today at a retirement summit organised by London IFP branch co-chairman Abraham Okusanya CFPCM to discuss pensions flexibility and the experience of dealing with similar rules in the USA.
Mr Kitces will also make an appearance at the eighth annual strategy conference of IFP corporate member Nucleus on Thursday at The Belfry in the Midlands.
The US Financial Planner will conclude the key presentations with a talk on the future of Financial Planning in the digital age.
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He said: "In the coming decade, the ever-expanding amount of information we have at our fingertips, through devices like smartphones, will force advisers to shift from being a dispenser of expert information and to instead become a guide, a navigator, a co-pilot with a client on their financial journey."
Certified Financial Planner Mr Kitces, publisher of the Financial Planning industry blog Nerd's Eye View, is a partner and the director of research for Pinnacle Advisory Group, a private wealth management firm located in Maryland that oversees more than $1.3 billion of client assets.
More than 250 delegates, including 210 advisers are expected to attend the Nucleus event.
Other speakers at the conference include Merryn Somerset-Webb, editor-in-chief of MoneyWeek, financial consultant Ned Cazalet, Tony Wickenden, Brett Davidson and Richard Willets, an expert in longevity, who will discuss the importance of longevity in Financial Planning.
Chief executive of consultants FP Advance, Brett Davidson, will present at the conference mapping out what good business performance looks like and how advisers can make it a reality in their businesses.
He said: "Managing an advisory business is something that gets thrust onto most adviser owners - it wasn't their ambition when setting up. Some grasp the nettle while others struggle to get to grips with the skills necessary to make the business work."