Jul 9, 2026 · 30 min · 11 segments
In this episode of **Lead with Curiosity**, I sat down with Daniel Barnes, Chartered Financial Planner and a Director at Barnes Wealth Management, to explore why financial planning is about far more…
Daniel BarnesGuest
Anthony DonovanHost
um in terms of the financial advice i speak to a lot of people from a coaching perspective um and there seems to be a lot of myths around what does a financial wealth planner do so just i guess in simple terms from your perspective who who would benefit who should benefit from seeking financial advice
Yeah, it's a frustrating question to answer in the position that we now find ourselves as a practice, because in my view, everybody should have a financial planner.
The reason being, there are so many things about your life plan, your future that depend on you gaining wealth, building up financial resilience, protecting yourself from financial disaster, but also, of course, growing wealth.
Almost all of the things you can think of that are the aspirational things for your life actually do depend on you building some level of wealth and doing it in a proper manner.
The way that the industry of financial planning is now set up is such that different practices, different companies have to kind of set broad boundaries around what level of investment, for example, and what level of financial planning are we going to offer.
So our practice focuses generally on anything around quarter of a million and above in terms of clients, funds that we're managing and looking after.
And the higher up that scale we go, generally, the more complex the planning tends to become because it's all around intergenerational wealth and things like that.
But a lot of our clients are business owners, and therefore they don't turn around and say, here's quarter of a million pounds or a million pounds.
was going to ask you about that, because this perception of quarter of a million, most people don't just have a million, half a million, quarter of a million, whatever, lying around.
The ideal client for us is in that bracket of above quarter of a million in terms of money that we can manage for them.
But in terms of meeting a business owner, they're unlikely to turn around and say, here's quarter of a million cash that I just had lying around ready for you to invest.
I think one of the myths and issues is that people are thinking, well, financial planning is only for the very wealthy.
But the problem with that, the kind of paradox is most people don't suddenly become very wealthy.
And therefore, my question would be, at what point then do you actually contact a financial planner and my view would be as early as possible find one you like the sound of and have a chat with them if we come across clients for whom we're not a particularly good fit because of their current circumstances we will always be able to refer them on to someone who is happy to help and will be fantastic and we've obviously pre-screened those people as well we know who we're talking to
um in terms of the financial advice i speak to a lot of people from a coaching perspective um and there seems to be a lot of myths around what does a financial wealth planner do so just i guess in simple terms from your perspective who who would benefit who should benefit from seeking financial advice
Yeah, it's a frustrating question to answer in the position that we now find ourselves as a practice, because in my view, everybody should have a financial planner.
The reason being, there are so many things about your life plan, your future that depend on you gaining wealth, building up financial resilience, protecting yourself from financial disaster, but also, of course, growing wealth.
Almost all of the things you can think of that are the aspirational things for your life actually do depend on you building some level of wealth and doing it in a proper manner.
The way that the industry of financial planning is now set up is such that different practices, different companies have to kind of set broad boundaries around what level of investment, for example, and what level of financial planning are we going to offer.
So our practice focuses generally on anything around quarter of a million and above in terms of clients, funds that we're managing and looking after.
And the higher up that scale we go, generally, the more complex the planning tends to become because it's all around intergenerational wealth and things like that.
But a lot of our clients are business owners, and therefore they don't turn around and say, here's quarter of a million pounds or a million pounds.
was going to ask you about that, because this perception of quarter of a million, most people don't just have a million, half a million, quarter of a million, whatever, lying around.
The ideal client for us is in that bracket of above quarter of a million in terms of money that we can manage for them.
But in terms of meeting a business owner, they're unlikely to turn around and say, here's quarter of a million cash that I just had lying around ready for you to invest.
I think one of the myths and issues is that people are thinking, well, financial planning is only for the very wealthy.
But the problem with that, the kind of paradox is most people don't suddenly become very wealthy.
And therefore, my question would be, at what point then do you actually contact a financial planner and my view would be as early as possible find one you like the sound of and have a chat with them if we come across clients for whom we're not a particularly good fit because of their current circumstances we will always be able to refer them on to someone who is happy to help and will be fantastic and we've obviously pre-screened those people as well we know who we're talking to
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