The Wealth Coach - Nic Round

08/12/2025

Start your conversation here https://thewealth.coach/evoa

08/12/2025

The hidden dangers of financial silence
Most families do not talk about money.
They avoid it.
They tiptoe around it.
They hope silence will protect their children from pressure or conflict.
But silence rarely protects families.
More often, it weakens them.

Financial silence creates uncertainty.
Uncertainty creates assumptions.
And assumptions are ....

Most families do not talk about money.They avoid it.They tiptoe around it.They hope silence will protect their children from pressure or conflict.But silence rarely protects families.More often, it weakens them. Financial silence creates uncertainty.Uncertainty creates assumptions.And assumptions a

08/12/2025

Why DIY investors lose 3 per cent a year and what you can do about it
Every so often you will see a study claiming that DIY investors underperform the market by roughly 3 per cent per year. These reports surface regularly, and the message is always the same.
“You are losing money by doing it yourself. Give it to the professionals.”

In most of the wealth management industry, this statistic is used as a sales tool. It is designed to convince you that investing alone is dangerous and that the only sensible solution is to outsource everything to a fund manager, wealth manager, or investment service.

But there is another way to interpret the data.
A way that is rarely discussed.

If the evidence says that DIY investors lose around 3 per cent per year, then the real question is not, “Should I hand my money over to someone else?”
The real question is, “Why do DIY investors lose 3 per cent a year in the first place?”

Because once you understand that, the path forward becomes .....

Every so often you will see a study claiming that DIY investors underperform the market by roughly 3 per cent per year. These reports surface regularly, and the message is always the same.“You are losing money by doing it yourself. Give it to the professionals.” In most of the wealth management ...

05/12/2025

Request your 7 questions today

05/12/2025

Start your conversation here https://thewealth.coach/evoa

05/12/2025

What AI reveals about overcharging and under thinking
The financial industry has always had two hidden problems.
One is obvious.
The other is rarely spoken about.

The obvious problem is overcharging.
The quieter problem is under thinking.

AI is about to expose both.

The comfort of complexity
For years, many firms have relied on complexity as a way to justify fees.
The more charts, jargon, and models they presented, the easier it was to claim that deeper expertise was being delivered.

Clients trusted what they could not see, and paid for what they could not verify.
This is how an entire industry hid average thinking behind confident presentations.

AI takes the veneer away.

It can compare fees instantly.
It can analyse performance without emotion.
It can identify duplication, inefficiency, and unnecessary cost.
And it can reveal when a portfolio is nothing more than a standard template with an expensive label.

The industry has never faced scrutiny at this level before.

The real issue, under thinking
Overcharging frustrates people.
Under thinking harms them.

Many investors receive advice that ......

The financial industry has always had two hidden problems.One is obvious.The other is rarely spoken about. The obvious problem is overcharging.The quieter problem is under thinking. AI is about to expose both. The comfort of complexity For years, many firms have relied on complexity as a

05/12/2025

Most families do not talk about money.
They avoid it.
They tiptoe around it.
They hope silence will protect their children from pressure or conflict.
But silence rarely protects families.
More often, it weakens them.

Financial silence creates uncertainty.
Uncertainty creates assumptions.
And assumptions are the fuel that turns simple misunderstandings into resentment, rivalry, and mistrust.

When money is not discussed, children fill in the gaps themselves.
Sometimes they imagine there is more wealth than there is.
Sometimes they believe they are expected to do something they never actually were.
Sometimes they assume their siblings are being treated differently.
All of this happens quietly, long before a will is ever read.

Silence does not prevent conflict.
It plants the seeds for it.

Families that avoid the topic often ......

Most families do not talk about money.They avoid it.They tiptoe around it.They hope silence will protect their children from pressure or conflict.But silence rarely protects families.More often, it weakens them. Financial silence creates uncertainty.Uncertainty creates assumptions.And assumptions a