The answer my friend, is blowin' in the wind
Those grand entertainers of the funds management game, Credit Suisse, have taken yet another bizarre turn.
Those grand entertainers of the funds management game, Credit Suisse, have taken yet another bizarre turn.
Those of us sober enough to remember the launch back in March will recall the big Swiss cheese Brian Thomas and cohort Clayton Copplestone warbling such clas-sics New York New York, My Way and Mustang Sally…. all in the name of flog-ging funds to advisers.
Well, that was just the beginning of the slippery slide into silliness for the Credit Suisse adviser shindigs. Thomas kicked off the latest roadshow series to advisers with a multi-media presentation of a women passing wind inside an automobile thus creating something of a Dutch oven effect, much to the bemusement of those in the rear of the said vehicle. Now that’s class.
But it went downhill from there. At the request of Thomas, a hotel ballroom full of grown men and women began sticking their thumbs on their heads, ears and chin as a way of answering some tough questions. These pillars of the financial plan-ning community would subject themselves to the humiliation of infantile behaviour just so they had a chance at grabbing one of the bottles of Grange on offer. It’s amazing how thirsty some advisers are at brekky.
Some of the questiuons posed by quizmaster Thomas include: “Which Spice Girl left — was it Old Spice?”and “Where is the head office of CSAM?”. One of the more intriguing questions posed was “How much business are you going to give Credit Suisse next year?”. Apparently the most popular a,b,c,d answer was d. “why am I still listening to this guy.”
God only knows what we might expect next adviser briefing.
Recommended for you
An adviser has received a written reprimand from the Financial Services and Credit Panel after failing to meet his CPD requirements, the panel’s first action since June.
While efficiency remains a top priority for Australian advisers, State Street has revealed the profession is now juggling this desire with the need to maintain personalisation of its service offering.
A possible acquisition of data provider Iress is becoming a greater likelihood after the firm announced it is engaging with multiple interested parties.
AMP has reported a 61 per cent rise in inflows to its platform, with net cash flow passing $1 billion for the quarter, but superannuation fell back into outflows.