Ed Cowan

speaker
535 appearances 4 recordings 1 series first heard Sep 2025 last heard 25 Oct

Ed Cowan’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Oct OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Oct 2025 with 3.

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We'll deep dive on people and culture and and that level of mentorship and the degree of high performance that you've both given this business because it's been on an incredible journey.
One thing I do want to touch on is the changing landscape.
I did touch on the the banking royal commission.
And you know, prior to the Royal Commission, the wealth management industry was dominated by the four big banks.
Yeah.
The commission exposed an array of misconduct.
We don't necessarily need to go into the full degree of it.
I I think everyone is aware.
But what emerged, I guess, was the banks spinning off their wealth arms.
Yep.
Smaller, smarter, and decentralized network of
wealth advisors that are essentially, as you alluded to earlier, uh your customers.
So I think it went from twenty eight thousand to fifteen thousand today.
And they're mainly independents and boutiques and small license groups.
So you've got this massive market that is highly fragmented.
But I think the advice market is, you know, estimated to be between one point two and one point five trillion of private wealth.
This is a big yeah.
Big industry.
And and I guess why I I bring this up is it's important to understand the industry that you operate in when we talk about the strategic bets that you've made over the period that that you've been the CEO.
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