If there’s one thing I’ve learned about working with advice firms, it’s that they really care about making sure their clients achieve the most they can from their own finances. But because the focus is on that, some firms may not always have the time or capacity to put their own finances at the top of their priority list.
I’m not for a second suggesting it’s commonplace to find reckless abandonment of any fiscal sense. Or that clients shouldn’t be the priority. But I often see firms put in place sound strategies for their clients’ finances while not doing the same for their firm.