Nick Lincoln at HUM London 2020
Saving Vitas When and Whom
At Humans Under Management London 2020, Nick Lincoln presented on the importance of understanding risk in financial planning. With extensive experience in the industry, Lincoln offers valuable insights for financial advisers.
The talk addresses the challenge of educating clients about the true nature of risk, emphasising that inflation is the real silent killer of wealth, rather than market volatility. Lincoln encourages advisers to adopt a proactive approach in communicating this critical information to clients.
Key insights include:
- The necessity of unlearning industry misconceptions about risk.
- Recognising that inflation erodes purchasing power over time, impacting retirement plans.
- Understanding the importance of confidence in communication with clients, fostering long-term relationships.
- Drawing parallels between successful retail strategies and financial advising to enhance client engagement.
Watching this video will empower financial advisers to better articulate the risks their clients face, ultimately strengthening client relationships and enhancing the value of their advisory services.
