National General Manager at AFL Masters; Bestselling author; and one of Australia's leading tax & superannuation experts.
If I was a financial adviser & needed to do study, I wouldn't be doing a financial planning degree ... instead I would do a law degree ... specialising in financial services law ... so transition into a new career but at the same time still utilising your wealth of knowledge gained over the years. Discuss.
Back in 2000 when I entered the industry and FSR brought in some education reform, my dad in his 60s, chose to study and become one of the first graduates of the newly created Macquarie University’s Masters of Financial Planning and Law degree, rather than exit the industry like many of his cohort were choosing to do. What he did with that degree was to continue to provide high quality advice to his clients for the next 15 years before he finally retired at age 78.
Lyn Eddy
3y
It depends on whether you want to truly be proactive in helping clients achieve their objectives, or assist when their trust has been misplaced by dealing with the wrong adviser. Just saying ...
Lee Forde
3y
It’s interesting Adrian. When the FASEA crap started I remember going to the FPA with a side by side comparison of my accounting degree from RMIT completed in 1999 against the 2017 financial planning degree. I could demonstrate that there were more relevant subjects I completed with more exemptions. And this ridiculous 8 subject made up degree will not hold water and in about 7 years from now there will be a lot of advisers who will once again be stuck with a part qualification and the mess will continue. I don’t know anything from the law side of things but I still maintain completing an accounting degree with financial planning electives will serve you better than doing the financial planning degree.
Chris Yena
3y
Yes IF YOU WERE a financial planner Dr Adrian Raftery......indeed👌🏽
My idea exactly - already more than halfway through my LLB, with this or similar in mind 🤗
Brilliant idea!!! Could be my next option - worth having a chat to you my friend
That's good advice Adrian. Which uniiversity courses in financial services law would you recommend? I live in WA.
Wouldn't one expect that the core of fin serv law be included as a central part of any fin study?
David Loch
3y
Agree Dr Adrian Raftery - financial services law will be increasingly important and sought after in this post-FSRC regulatory environment. Abdul Alajlan
Rocksy / Financial / VBP/ Ensombl /Lydian/ Pod Cast Host/ Failed Comedian
3yDr Adrian Raftery why not just do wholesale??