Posts by andreaives
Your 2025 Resolution Must Be To: Get Digital Advice & Guidance For Your Business
The advice affordability problem is well documented: The majority of Australians know they need advice, albeit they have simple requirements given their financial circumstances, but only a small percentage of the population can actually afford to pay for the rising cost of personal comprehensive (multi-topic) advice. So, what’s being done to solve this problem?: Why…
Read MoreLaunching Business Advisory Services: An Actionable Blueprint for Your Accounting Firm
Accounting firms are in a prime position to expand beyond traditional services and offer valuable business advisory support. Many businesses actively seek this guidance but may not realise their accountant is ideally placed to provide it. With comprehensive financial data at your fingertips, your firm can offer strategic guidance that goes well beyond compliance and…
Read More2024 Marked a Turning Point for Digital Advice
The landscape of financial advice is evolving rapidly, and 2024 marked a significant milestone in the adoption of digital advice solutions. With increasing demand for accessible and affordable financial services, accounting firms and financial planners have embraced digital advice as a powerful tool to enhance client offerings and drive business growth. As we step into…
Read MoreNew Year: Time for Client Engagement
For as long as I’ve been in the accounting profession, most firms I’ve worked with or spoken to acknowledge there are additional services they could provide to meet unmet client needs. In fact, many estimate they could generate 20% more in fees by tapping into these opportunities. Yet, many firms fail to unlock the opportunity.…
Read MoreHow Digital Advice Can Be Used To Engage With More Clients
The problem in today’s advice market: We all know that the great majority of working Australians cannot afford the increasing cost of traditional comprehensive advice. We call that the ’advice affordability gap’, and it impacts approximately 10.4 million working Australians who have unmet advice needs. As well as these unmet needs, we know: The solution…
Read MoreWhy is my AI behaving like a toddler?
I was so excited. The answer to all my questions, the increase in my efficiency, the road to a better life, was right before my eyes as I fired up the latest AI marvel. Why am I both amazed at what it can do for me and equally disappointed at the same time? Why does…
Read MoreAccountants should be key providers of financial advice
“I’ve been lucky to get some good overtime, but I’m being taxed quite a bit. Should I salary sacrifice into my partner’s super? Debt recycle? Or just stay the course with working, saving, and paying down the mortgage?” This is the kind of question accountants are frequently asked. And naturally so. Accountants are among the…
Read MoreDeveloping the Best Diversified Income Model for Your Accounting Firm
Are you looking to accelerate your accounting firm’s growth through diversified income channels? Many firms find that their traditional business advisory services need to perform better, with stagnant revenue growth and slim profit margins. Successful diversification into business advisory services can often feel elusive. With increasing pressure on fees for compliance and transactional services, now…
Read MoreBecoming a Memorable Leader
As an ambitious leader, you want to be someone that people recognise and remember, don’t you? Being a memorable leader can be easy because people tell their “horror stories” fairly regularly. If you think back on the leaders who stand out in your mind, it’s probably the ones who made mistakes who are remembered. You…
Read MoreBuilding an Accountability Culture Without the “Baseball Bat”
Creating a culture of accountability in professional service firms is a significant challenge. Many firms struggle with implementing an effective framework and process for being accountable. Challenges in Accountability A major hurdle is maintaining accountability in director or partner meetings. It’s difficult to hold others accountable when you haven’t fulfilled your own commitments. These meetings…
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