Episode 2: Bob Veres

In this episode of The Trust Podcast, we welcome Bob Veres - a veteran journalist and futurist in the financial planning profession. With over 40 years of experience, Veres offers unique insights into the industry's evolution.

We explore Veres' journey from freelance writer to influential industry voice, and discuss the major shifts in financial planning since the 1980s - from commission-based models to fee-based services and the rise of independent custodians.

Veres shares his perspective on the challenges faced by client-focused advisors in differentiating themselves, and offers thoughts on fiduciary marketing. We also explore the dynamics between advisors, regulators, and the brokerage industry.

We finish by discussing the impact of private equity on advisory firms and the potential future landscape of the profession.