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'This is NextGen, we do things differently here'

'This is NextGen, we do things differently here'

Mancunian musical visionary Tony Wilson inspired everyone. From The Stone Roses to John Cooper Clarke, Joy Division to Oasis, he had a hand in almost every act to become famous out of Manchester.

His legend lives on, as expressed in this graffiti tribute in the city’s Northern Quarter (pictured). However Wilson, who died in 2007, probably never expected financial planners to join the list of luminaries influenced by his decisions.

His most famous proclamation, ‘This is Manchester, we do things differently here’, has been adopted by the NextGen Planners group ahead of its conference on 18 October at Manchester’s Bridgewater Hall.

No age restriction

The group was founded in Manchester by Xentum managing director Adam Carolan and Postcard Planning director Rohan Sivajoti. It aims to offer opportunities to younger people in the financial planning profession, but does not have an upper age limit for joining.

Carolan recently tweeted: ‘I often get asked if people are too old to join NextGen Planners or come to the conference. We don’t have an age policy. Just be respectful to our strong community, pay it forward and be invested in this profession for the future.’

So how is it doing things differently for this year’s conference? The most obvious example is there are more women than men taking to the podium. This follows last year’s conference, where a third of all delegates were women. Sivajoti suggested to New Model Adviser® this figure puts it ahead of many other financial services conferences.

‘This year it’s bigger and better,’ Sivajoti said. ‘We want the NextGen to have role model. Some of the people on stage are exactly that. If we’re going to become more diverse as a profession and appeal to more people then that needs to be representative from the people presenting at events and providing content. This year’s theme is about doing things differently and standing out. Wouldn’t it be dull if we were all the same?’

Do it different

The ‘doing it differently’ mantra will be the overarching focus. Themes include how new management and decision-making structures are changing the profession. Other topics include changes to advice propositions, technology and charging structures, and merging companies and cultures.

The conference will kick off with platform company Nucleus’s head of people Kirsty Lynagh shedding light on new ways of managing people. Moneyinfo managing director Tess Lee will talk technology, and NextGen director Adam Owen will focus on ‘learning from inexperience’.

From there, the emphasis will turn to clients and services, with FP Advance director Brett Davidson educating delegates on introducing new services and charging structures to existing clients. Davidson will be followed by Alan Moore, co-founder of NextGen’s US equivalent XY Planning Network. He is travelling across the pond to speak about the changing demands of the younger client base.

Moore, chief executive of the first compliant payment processor for advisers in the US, AdvicePay, will also offer guidance on ‘designing for digital’. He will follow on from NextWealth managing director Heather Hopkins on the new age of investment propositions and a marketing master-class from Sainsbury’s head of marketing Rachel Eyre.

Mergers masterclass

The focus will then shift in the final advice-related session, to business ownership. The Red House Consulting client director Ruth Sturkey will deliver insights into ‘managing a merger’, following her firm’s recent deal with fellow financial planning giant, Bristol-based Paradigm Norton.

She will be followed by Deb Oxley, chief executive of The Employee Ownership Association. She will offer a glimpse into the intricacies and benefits of employee ownership.

Rounding off the day, and back by popular demand after last year’s fascinating talk, is the Tempest Two in which content marketers will regale attendees on their latest adventurous exploits around the world.

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