Brett Davidson

1 month ago | africasacountry.com | Binyavanga Wainaina |Brett Davidson |Sean Jacobs

On the afternoon of January 26, 2011, a few hours after David Kato was on a call with his friend Julien Pepe Onziema, his phone went off. At 1 pm on the same day, witnesses said, a man entered Kato’s house and struck him with a hammer twice on the head before fleeing in a vehicle. Kato, a prominent gay rights activist in Uganda, died on his way to a hospital in Kampala, Uganda. News of Kato’s murder was received with both dismay and shock.

Oct 31, 2024 | advisorpedia.com | Brett Davidson

This is part 3 of my Remuneration series. Parts 1 and 2 can be found here and here. In last week’s blog, I warned against the unintended consequences of the variable remuneration incentive schemes I see designed by well-meaning business owners. This week I’m taking a closer look at another variation used by incentive-minded owners.

Oct 18, 2024 | advisorpedia.com | Brett Davidson

Financial Planning firms are built on values like: Client first Caring Best advice Fiduciary etc. Basically, do whatever is best for the client. And delivering that best advice is a whole-of-team effort. To then put an incentive scheme in place that rewards individuals for generating sales, runs the risk of creating self-interested behaviour which is in direct conflict with the company’s values. It makes no sense.

Oct 7, 2024 | advisorpedia.com | Brett Davidson

All through the month of October I’m going to be exploring remuneration strategy. That is, how do you effectively remunerate the different people on your team so that they are happy, engaged and contributing. Why? It’s a vital part of building your amazing financial planning business. Business owners and managers are constantly asking me questions about tricky situations related to remuneration.stion, you will tie yourself in mental knots.

Sep 24, 2024 | advisorpedia.com | Brett Davidson

There is a lot written and spoken about sale and succession, but before you disappear down the rabbit hole, you’ve got to answer one key question:“What do I want at the latter end of my career?” Without the answer to that question, you will tie yourself in mental knots. In my experience there are three types of sellers: a.) Those who know they want to sell and have a capital event.