Practice Management: Future Dividends: Separating Advice from Investments | Michael van Lierop

Studies have shown that advisors typically spend upwards of 30% of their time in any given week dealing with client investments (re-balancing, trades, compliance, admin). What would it mean for you if you suddenly recaptured a third of your week? Image the savings in time and money if you could reduce overhead or re-assign staff to more productive work! In this impactful session with Michael van Lierop and sponsored by New Outlook Wealth,  learn how to earn the Freedom Dividend only at the 2024 Acuity Conference for Distinguished Advisors November 10-12 in Montreal.

With dramatic shifts in wealth management in Canada, thanks in part to a surge in new fintech solutions and a growing interest in lower cost investing, access to top-tier investment management in Canada is becoming mainstream. Today, advisors attached to dealers who use sales grids, compensation structures, and recognition programs as levers to manipulate advisor behaviour (and boost productivity) are riddled with conflicts of interest, pitting advisors against clients often in insidious and dangerous ways with a traditional model of asset allocation, picking funds or product, or in trying to outperform the index. How can an advisor reduce or even eliminate these issues? Adopt a new way of thinking. Become an advisor without a license, one who practices in a Real Wealth Management™ model that deliberately separates advice from investment management, leveraging 3rd party portfolio managers in a co-servicing client model.

Check out the online agenda, and our illustrious speakers and sponsors – and be sure to register by the September 30 early-bird deadline to join us in Montreal for the 2024 Acuity Conference for Distinguished Advisors!

About New Outlook Wealth

Since its founding in 2020 by Michael van Lierop and a team of seasoned financial planners in Manitoba, New Outlook Wealth (NOW) has grown rapidly - making its first acquisition in 2022 in Winnipeg, and expanding into Saskatchewan. NOW is headquartered in Winnipeg, with regional offices in Brandon and Regina.

NOW has exclusive referral arrangements with a curated shelf of ICPM (Investment Counsel Portfolio Management) firms across Canada managing over $30B in AUM, notably: BCV Asset Management, Cardinal Capital Management, Kinsted Wealth, Dixon Mitchell, and Harness Investment Management (Purpose Investments).

These arrangements all follow a highly regulated shared services / co-servicing model in which the registered portfolio manager provides NOW clients custom investment solutions, entirely separate from the financial planning and insurance advice provided by NOW advisors.