In this episode of Talk FS, Ryan Venner interviews Jacqueline Lockie, founder of Lockie Consultants, discussing the critical importance of critical thinking in financial services. Jacqueline emphasises the need for financial professionals to engage their critical thinking skills to better serve clients, navigate their careers, and adapt to technological advancements. The conversation also touches on the significance of mentorship, the human element in financial planning, and practical advice for aspiring financial professionals.

Takeaways

- Critical thinking is essential for effective client relationships.

- Financial professionals must engage their critical thinking skills regularly.

- Role plays can help test and improve critical thinking abilities.

- Employers value attitude and interpersonal skills over technical knowledge.

- Managing client expectations is crucial in financial planning.

- Technology can assist but should not replace human interaction.

- Self-reflection is key to personal and professional growth.

- Networking is vital for career progression in financial services.

- Reading widely enhances knowledge and critical thinking.

- Mentorship can provide valuable guidance and support.

00:00 – Welcome & Introduction

01:07 – Why Critical Thinking Matters

04:00 – Testing Your Critical Thinking

07:15 – Learning Through Feedback

08:30 – Standing Out in Your Career

10:35 – Attitude Over Exams

12:00 – Critical Thinking for Self-Growth

13:40 – Learning vs. Racing Through Exams

18:50 – Handling Feedback & Confidence

25:00 – Finding the Right Mentor

28:16 – Technology & Lazy Thinking

29:45 – AI and the Human Element

36:35 – The Future of Financial Advice

40:30 – Advice for the Next Generation

42:55 – Closing Thoughts

Lockie Consultants: https://www.lockieconsultants.com/

Jacqueline Lockie: https://www.linkedin.com/in/jacqueline-lockie-cfp%E2%84%A2-certified-financial-planner-training-636a3322/?originalSubdomain=uk