Basis Points

Advisers’ entire tech stack will collapse in the next two years; that is the bold prediction of Paradino AI Co-Founder and CEO Alex Gassner.

He sees the glaring gap between the 15,000 financial advisers in Australia and those 16 million Australian’s who need advice, as being closed in one way only- by purpose-built AI tools.

Courtenay Fox, Co-Founder of Fox & Hare Financial, knows this firsthand.

After testing around 10 AI tools before narrowing it down, her firm now runs AI across everything from file notes and paraplanning to document review and client communications. No client data goes into any general LLM tool.

In this interview, Gassner and Fox outline why purpose-built AI is set to transform the advice industry, how Fox & Hare are already putting it into practice, and what every adviser needs to know about data security, liability and the looming advice gap.

Chapters:
00:00 AI Will Transform Advice
01:23 The Future Advice Tech Stack
04:05 How Firms Use AI Today
05:17 AI Security and Compliance
10:28 Human Oversight Still Matters
13:00 Client Trust and Transparency
15:32 Data Privacy and AI Models
19:59 Can AI Close the Advice Gap?
21:20 Practical AI Tips Today
24:08 The Future of Financial Advice

Register for your ticket to FinFest Industry Day here!

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CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.
0.50 Total Hours
Knowledge Requirements: Managed Investments (0.50 hour)
Legislated CPD Area: Technical Competence (0.50 hour)

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This episode has been sponsored by Paradino AI. Paradino is the AI advice automation platform built specifically for Australian financial advisers. To find out more head to paradino.ai.

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Basis Points is a product of Equity Mates Media.
This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

The Hall of Fame fund manager and IML founder, Anton Tagliaferro, has seen enough cycles to know we’re nearing the top.
He is convinced we are in a "speculative frenzy" of a bubble.

In this episode, he provides his outlook on markets and where he’s seeing value.

Chapters:
00:00 Introduction
01:22 AI Bubble or Déjà Vu?
03:54 Why AI May Disappoint
07:40 Is Value Investing Dead?
10:17 How Anton Invests Personally
15:15 Back Into Fund Management
16:56 Small Caps and New Fund
20:45 Advice for Uncertain Markets
23:25 Quant Funds Take Over
24:41 Final Market Outlook

📈 Stocks and ETFs Mentioned:
Brambles (ASX: BXB), Coles Group (ASX: COL), Amcor (NYSE: AMCR), Main Pharma (ASX: MYX), DroneShield (ASX: DRO), WiseTech Global (ASX: WTC)

Register for your ticket to FinFest Industry Day here!

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CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.
0.5 Total Hours
Knowledge Requirements: Managed Investments (0.50 hour)
Legislated CPD Area: Technical Competence (0.50 hour)

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Want more Basis Points?

Sign up to the Basis Points email
Join the conversation on LinkedIn
Watch all episodes in full and relive some of our favourite clips on YouTube

———

Basis Points is a product of Equity Mates Media.
This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

Do you understand what you're investing in within private credit?

Frank Danieli, Managing Director and Head of Global Credit Solutions at MA Financial explains why that is so important.

From funds providing better disclosures, to advisers having a clearer understanding of what classifies as “private credit”- Danieli talks through the road ahead for the asset class.

Plus, Ally asks for his take on whether we’re in a private credit reckoning.

Chapters:
00:00 Introduction
01:34 Defining Private Credit
04:17 Diversification Beats Specialisation
07:47 Why Close A Fund?
10:31 Biggest Credit Opportunities
14:56 The Quality Concentration Trap
18:46 Due Diligence Red Flags
20:27 Questions Every Adviser Should Ask
21:36 Alternatives In Portfolios

Register for your ticket to FinFest Industry Day here!

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CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.
0.50 Total Hours
Knowledge Requirements: Fixed Interest (0.25 hour), Managed Investments (0.50 hour)
Legislated CPD Area: Technical Competence (0.50 hour)

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This episode has been sponsored by MA Financial. To learn more about MA Financial’s listed and unlisted private credit strategies, visit MAFinancial.com. Thanks to MA Financial for helping us keep all our content free.

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Want more Basis Points?

Sign up to the Basis Points email
Join the conversation on LinkedIn
Watch all episodes in full and relive some of our favourite clips on YouTube

———-

Basis Points is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

What will be the biggest risks and opportunities in markets over the next decade?

While nobody has a crystal ball, Capital Group’s Investment Director Matt Reynolds joins the show to discuss the four structural shifts he believes will have the biggest impact on the decade to come.

Plus, he explains the biggest mistake advisers are making with “diversified” portfolios.

Chapters:
00:00 Introduction
01:40 Shift One AI Opportunity
05:13 AI Bubble Or Earnings Boom
08:52 Shift Two Rewiring Globalization
10:23 Industrial Winners Emerging
13:59 Shift Three Consumers Want Experiences
19:07 Shift Four Healthcare Innovation
24:05 The Diversification Mistake

📈 Stocks and ETFs Mentioned:
Taiwan Semiconductor Manufacturing Company (NYSE: TSM)
Broadcom (NASDAQ: AVGO)

Register for your ticket to FinFest Industry Day here!

———

CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.
0.50 Total Hours
Knowledge Requirements: Managed Investments (0.50 hour)
Legislated CPD Area: Technical Competence (0.50 hour)

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This episode has been sponsored by Capital Group. To find out more about Capital Group and their funds, head to their website: https://www.capitalgroup.com/intermediaries/au/en/

Thanks to Capital Group for supporting this episode of Basis Points and helping to keep our content free.

Disclaimer: Past results are not a guarantee of future results. This information has been provided solely for informational purposes and is not an offer, or solicitation of an offer, or a recommendation to buy or sell any security or instrument listed herein. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. The information provided is not intended to be comprehensive or to provide advice.

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Want more Basis Points?

Sign up to the Basis Points email
Join the conversation on LinkedIn
Watch all episodes in full and relive some of our favourite clips on YouTube

———

Basis Points is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

What if the strategy that built your clients' wealth is the same one quietly destroying it in retirement?

A new report from Milford; When Timing Becomes the Biggest Risk in Retirement, suggests that retirement fundamentally changes the maths of investing- including Dollar Cost Averaging.

Ally sits down with Regan van Berlo, Australian Country Manager at Milford, to hear how the report affects the way advisers prepare their clients for retirement.

Chapters:

00:00:00 Why Retirement Changes Portfolio Construction
03:38 Advising Clients 15 to 20 Years Earlier
00:07:04 Managing Sequencing Risk and Drawdowns
00:10:15 Choosing Better Retirement Portfolio Metrics
00:12:25 Building Retirement Portfolios That Last
00:18:02 Practical Advice for Retirement Conversations

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CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.
0.25 Total Hours
Knowledge Requirements: Retirement (0.25 hour)
Legislated CPD Area: Technical Competence (0.25 hour)

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This episode has been sponsored by Milford. Visit Milford’s website to find out more about their funds and download their latest Orange Paper ‘When timing becomes the biggest risk in retirement’ here. Thanks to Milford for helping us keep our content free.

https://milfordasset.com.au/orange-paper-when-timing-becomes-the-biggest-risk-in-retirement/

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Want more Basis Points?

Sign up to the Basis Points email
Join the conversation on LinkedIn
Watch all episodes in full and relive some of our favourite clips on YouTube

———
Basis Points is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.