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The days of generalist advice gone: Holland

Tuesday 3rd of May 2011

Tauranga insurance advisory practice, Financial Independence has joined forces with DecisionMakers Tauranga to provide a full service financial practice.

Managing Director of the Financial Independence Group, Philip Holland, is excited about the two firms combining together. "This is the next step for us in providing our clients with a full service financial advice package. We now have a number of specialist advisers in each of the key areas in people's financial lives."

Holland believes that with the introduction of new regulations in the financial services industry the days of ‘generalists' are gone.

"In the good old days you had people giving advice on all areas and portrayed themselves as experts in everything. The reality is you can't be an expert in everything. Clients are demanding higher levels of advice and that is why we have structured Financial Independence into specialist divisions. An ideal scenario is that our clients receive specialist advice from a number of our advisers, who are all working together to give our clients the best possible outcome".

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