Chris Budd: What is the purpose of the Initiative for Financial Wellbeing?

'Making rich people richer'

clock • 4 min read

The Initiative for Financial Wellbeing (IFW) held its inaugural conference from 21 to 25 September and so, in this edition of his monthly financial wellbeing column, the initiative’s chair Chris Budd has written his introductory talk for the session entitled The IFW and You.

What is the purpose of the IFW? The IFW was founded in order to provide a meeting place for like-minded people to share ideas and good practice; to learn from each other. Our membership includes advisers, planners, financial coaches, paraplanners, practice managers, employees of providers, fintech, and people from all over the world. Rich people richer About eight years ago, a lady who worked for my company Ovation Finance, Sarah, told me she was leaving our employment after 10 years of service. When I asked her why, she replied that she didn't want to spend her time making rich pe...

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