@Bodhi_Trader
Thanks a lot for the interview link and the detailed comments on your last post. Great effort. I feel lucky for having your here.
I like these comments most;
- IAM is targeting only those businesses that are committed to changing and trialing the change,
- putting the message out there now that BPO is not easy or for everyone (highlighting potential challenges and setting realistic expectations etc).
- From a logical standpoint, if $$$ are saved, then all businesses should be moving to this model.
- In particular, there is a chance that if IAM strike a deal with a large licensee, then the Financial Planners that sit within that license may be forced to change against their will
- or leave to join another licence. This is certainly a risk for IAM. I suspect once they pluck the low hanging fruit in the FP industry, they will not engage in an uphill battle to change the unchangeable, but rather, move on quickly to focus on another industry (insurance, property etc).
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- Interview with Mark Fisher
Interview with Mark Fisher, page-23
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