One downside of working in financial services, particularly pensions and investments, is that it isn’t considered to be very sexy or fun. In fact a marketer told me the other day that it’s all rather ‘grey’.
I know what he means. Money is a serious business and we’re surrounded by compliance, rules and regulations. It sometimes feels like a huge box ticking exercise just to give someone a simple piece of sensible advice.
The rules and regulations are there to protect the people we advise (even though it doesn’t always seem that way). So moaning and groaning about it all just makes life a little miserable for everyone involved.
Instead I like to focus on how we can best use it as a basis for improving the way we help and advise our clients.
As Thomas Jefferson said: “Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude”.
Talking of Attitude
Before we (or any financial adviser) can provide you with any investment advice, we will ask the question: ‘What’s your attitude to risk?’
Your immediate answer is probably: ‘I don’t know’
If so, take a look at this short animation from the clever people at Quietroom. It’s not really sexy but it’s fun and certainly not grey: