Kevin’s Journey in Asset Management
In a recent episode of Adviser 3.0 The Podcast, Abraham Okusanya sits down with Kevin to explore his career in asset management. Kevin reflects on his role at AJ Bell Investments and how he successfully grew £1bn of assets organically, providing valuable lessons for advisers navigating today’s investment landscape.
The Investment Approach Behind Success
Kevin explains the principles behind AJ Bell’s investment philosophy and the strategies that supported its growth. He highlights the role of evidence-based decision-making, cost efficiency, and consistency in delivering outcomes that resonate with both advisers and clients.
Discretionary MPS Providers and the Importance of AAC
A key theme of the conversation is the distinction between discretionary model portfolio service (MPS) providers operating on adviser as client terms compared to those relying on external structures. Kevin outlines how these differences affect transparency, compliance, and client outcomes. For advisers, understanding this distinction is essential in choosing the right MPS partner.
VAT and Its Impact on Advisers
Another practical takeaway is Kevin’s perspective on VAT within discretionary services. He discusses the implications for advisers and clients, shedding light on how costs influence value perception and overall investment planning. More detail on VAT can be found in HMRC’s VAT Finance Manual on discretionary investment management services.
Learning from Mistakes
Kevin candidly shares his biggest financial mistake, offering advisers a reminder that even seasoned professionals encounter challenges. Recognising and learning from these experiences is a key part of delivering better client outcomes.
Kevin’s Personal Retirement Strategy
The conversation closes with Kevin revealing how he plans to invest his own retirement money. His approach blends professional expertise with personal priorities, giving advisers valuable insight into how industry leaders manage their own wealth.
Why Advisers Should Listen
For financial advisers aiming to strengthen their knowledge of asset management, discretionary MPS, and retirement investing, this episode offers a wealth of insight. From tax considerations to portfolio construction, Kevin’s story is both informative and practical.
To listen to the full conversation, tune in to Adviser 3.0 The Podcast or explore more insights on Timeline.
