"How Much Have You Got?" — Why the AUM Model Is on Borrowed Time | Bob Veres of Inside Information

About this episode

Bob Veres discusses the fragility of the financial planning profession and the challenges facing the AUM model.

What if the financial planning profession is more fragile than it looks? Recorded live at the Fearless Investing Summit by Nitrogen Wealth, Mike sits down with Bob Veres — veteran industry observer, writer, and publisher of the Inside Information newsletter — for one of the most candid conversations about the state of financial advice you'll hear this year. Bob has been watching this profession evolve for decades, and he pulls no punches. From the AUM model's structural flaws, to the inertia of established firms sleepwalking toward an extinction event, to the rise of a new generation of idealistic advisors who want nothing to do with the old way of doing business — this conversation covers it all. If you've ever felt like the profession is stuck in an awkward middle ground between what it was and what it needs to become... Bob has a name for that feeling. And more importantly, he has a vision for what comes next. Chapters: 00:00 — Teaser: "How Much Have You Got?" 00:24 — Intro & Welcome 01:41 — The Present Is Awkward: Why Financial Planning Isn't Quite a Profession Yet 07:08 — What's Wrong With the AUM Model (And What Comes Next) 10:37 — The Next Generation of Clients and…

People in this episode

Host: Mike

Guest: Bob Veres

Topics covered

• financial planning
• AUM model
• industry evolution
• new generation of advisors
• technology in finance
• professional challenges

Keywords

• financial advice
• AUM model
• idealistic advisors
• industry challenges
• technology impact
• financial profession

Mentioned in this episode

Organizations: Inside Information, Nitrogen Wealth

More episodes of Modern Financial Advisor

• Getting Your Financial Business Featured in the Media with Allie Zendrian of AtoZ Communications · June 4, 2026 · 29 min
• How Financial Advisors Can Win More Business Owner Clients · May 28, 2026 · 31 min
• Why Your Clients Don't Need a 75-Page Report (And What to Give Them Instead) · May 26, 2026 · 28 min
• Why Modern Financial Advisors Must Offer Comprehensive Banking Solutions and Advice or Risk Losing Clients · March 13, 2026 · 49 min
• Love Your Customer or Quit: The 4 Pillars of Client Experience That Actually Matter · March 7, 2026 · 56 min
• The AI Paradox: How a Notetaking App Is Making Financial Advisors More Human · February 17, 2026 · 59 min