Like most people, I had a very limited (and ultimately misguided) understanding of trusts prior to my entry into financial services. Up to that point my perception of a trust was largely shaped by context clues and Hollywood. Essentially, young Patrick envisioned someone (often a young adult) from an uber-wealthy family who wasn’t concerned with money or work because they
If you’ve ever had a retirement plan prepared, you probably came across an interesting yet ambiguous metric known as “probability of success”. It’s often displayed front and center as a percentage ranging from 0 to 100, almost like a test score. And much like a test score, it’s easy to assume that anything less than perfect means something has gone
If you’ve been paying attention you’ve probably heard something about the countless jobs artificial intelligence will eventually take over from us mere mortals. So when I dove into this little exercise I was really hoping to find that the role of “financial planner” would not be one of those casualties. While I don’t think I’m on the chopping block quite
