Adam Carolan, Managing Director of Xentum and co-founder of NextGen Planners, is on the show sharing how Xentum transitioned from being a traditional financial planning practice to one that serves next gen clients. He provides actionable advice for advisers looking to do the same and for those wanting to take on more of a leadership role. Adam also shares why he and Rohan Sivajoti founded NextGen Planners and how they’re building a community of Spartans to propel the profession forward.

You’ll Learn

About the financial services market in the UK, including qualification requirements and positive regulatory changes.
Why Xentum put so much effort into building the best adviser website I’ve seen.
How to transition from a traditional business to one serving younger clients.
Adam’s great advice for advisers wanting to be the succession plan and/or to take a business in a different direction.
What Adam and Rohan Sivajoti are building with NextGen Planners.
How Xentum lives their core values, especially being nextgen led.

Guest Bio Adam Carolan is Managing Director of Xentum, a financial planning company that specialises in working with business owners going through a transition, many of which are in their 30s and 40s. Adam himself specialises in dealing with the creative, digital and tech sectors. Adam also founded NextGen Planners, the leading independent community and training platform for the next generation of financial planners the UK.

Resources and Terminology

Adam’s LinkedIn
Adam’s Twitter
Xentum website
NextGen Planners website
PFS: Personal Finance Society
CISI: Chartered Institute for Securities & Investments (the CFP certification licensing body in the UK)
FCA: Financial Conduct Authority
RDR: Retail Distribution Review
MiFID II: Markets in Financial Instruments Directive

IA 015: UK with Adam Carolan of Xentum and NextGen Planners 49:21 Share

The Innovating Advice Show

Shownotes Transcript

IA 015: UK with Adam Carolan of Xentum and NextGen Planners