Performance Property Data

“Real estate has really been kept as a separate asset class entirely from the industry, and so financial advisers have never really grown up in an environment where they could recommend real estate in the past.” Old friends David and Joel Hewish catch up for a chat about the financial planning industry and its relationship to property. Joel is the Chief Executive and Chief Financial Strategist of United Global Capital (UGC), a wealth management firm focused helping clients achieve their full financial potential. David notes that traditionally financial planners have been anti-property. He asks Joel why most institutional financial planners don’t recommend property, despite it often being in their client’s best interest. Joel suggests that it is because it doesn’t fit the business model of the financial planning business. Talk turns pretty quickly to the current Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, which David thinks is highlighting problems that have