Ray Adams, director at Niche IFA in Wales and CashCalc, began his career in the financial services industry in 1996 before setting up his own practice, in 2005.
Read more: See the full article on how Mr Adams developed Niche and CashCalc in the latest issue of Financial Planning Today magazine.
After he achieved Chartered status in 2010, Mr Adams and his team decided to build their very own cashflow modelling tool and in May 2014 CashCalc was launched.
Mr Adams, who splits his time between providing financial advice and developing CashCalc, began his work life in the police.
The Chartered Financial Planner explained more in a feature with Financial Planning Today magazine.
Mr Adams was a sergeant for the bulk of his time with the force, but did reach Inspector on an acting level.
He said: “Before working in the financial services industry I was with the police force, and believe it or not the fundamental skills to become an adviser are not dissimilar.
“With the police I spent the majority of the time asking questions and finding facts.
“As a financial adviser I spend the majority of my time talking to clients and conducting fact finds. So when I made the switch it felt like a natural progression.”
His cashflow planning tool CashCalc has over 4,500 registered account holders and Mr Adams said: “We see no limit to our expansion.”
He said: “The aim is to help simplify the process of Financial Planning for the adviser whilst still producing the same high quality outputs that clients can understand.
“CashCalc has never been about the money; it’s about making a positive impact and giving advisers the tools they need.”
Read more from him by checking out the full article below in the latest Financial Planning Today magazine.
Also dont' miss:
• Special Offer for FP Today Readers from CashCalc
You can read the article and see the special offer HERE or by clicking on the cover below.
The latest issue of Financial Planning Today, our new 40-page magazine for Financial Planners and Paraplanners, is now live online to all readers.
The new publication features exclusive content, including contributions from leading figures in the worlds of Financial Planning, Paraplanning and Wealth Management, plus features and insights produced by experienced financial journalists.
• A Special Report examining platforms and gripes about poor service levels
• Columns from high profile Financial Planner Julie Lord, PFS chief executive Keith Richards, CISI deputy head of Financial Planning Jackie Lockie and leading Financial Planner Martin Bamford
• Plus, popular regular features including Planner Casebook, Inside My Business with Ray Adams of CashCalc, Financial Planning and Paraplanning news and much more
Feedback on the new magazine has been excellent with well over 4,000 people reading the first four issues and the number rising steadily.
Financial Planning Today Publisher and Editor Kevin O’Donnell said: “We're delighted to make available issue 5 and we hope the content will be invaluable to professionals. There is a wealth of insight, expert knowledge sharing, news and comment plus many busness tips and ideas to help Financial Planners do an even better job and build on their professionalism.
"We have designed Financial Planning Today magazine to be an essential publication for all professional Financial Planners, Paraplanners and Wealth Managers and we'll be announcing some exciting developments for 2017 soon."