Curious about International Financial Planning?
Join us for an exclusive conversation with Chris Ball, CEO of Hoxton Capital Management, as he shares the impressive journey from starting his business at his kitchen table to building a client-centric financial planning powerhouse with over 250 staff in 6 countries, including the UK. We’re excited to welcome Chris back to the Financial Planner Life podcast—he was one of our early guests 3.5 years ago, and much has changed since then. Founded just 6 years ago, Hoxton Capital Management now boasts an impressive $2 billion in assets under management (AUM).
Sam Oakes, founder of Financial Planner Life a leading careers podcast, academy, and content creation company for the financial planning profession was so impressed with Chris and Hoxton Capital Management that he decided to join the company as Head of Creative.
“In my 16 years of working in the financial planning space, I’ve never come across a company like Hoxton,” Sam says. “Their innovative approach to international advice, marketing, and tech made it a no-brainer for me to get on the Hoxton bus and join Chris in making this the number one international financial planning company. Their focus on growing the UK was the icing on the cake, and hiring Jonathon Jay as Managing Director of the UK was a smart move.”
In this episode, Chris reveals the company’s strategic growth, including navigating the challenges of 2022 and 2023, and the pivotal role of a cohesive team in achieving sustainable expansion.
“We’ve always believed that our people are our greatest asset,” Chris explains. “By promoting key talent and fostering a collaborative environment, we’ve been able to not just survive but thrive, even in the most challenging times.”
In the episode, we explore the complexities of international regulatory compliance and the meticulous efforts made by Hoxton Capital to adhere to diverse regulations across multiple jurisdictions.
“Navigating the regulatory landscape is no easy task, but with our specialized compliance teams, we’re able to ensure that we meet all local requirements while maintaining our global standards.”
From the UK to Australia and beyond, Chris discusses the importance of specialized compliance teams and the rigorous processes they implement to ensure business integrity.
“Our compliance teams are the backbone of our operations, ensuring that we operate within the legal frameworks of each country,” he adds.
We also delve into Hoxton’s strategic acquisitions of Independent Financial Advisors (IFAs) in the UK, emphasizing the satisfaction of maintaining long-standing client relationships and establishing a credible local presence complemented by global expertise.
“Acquiring IFAs has allowed us to blend local knowledge with our international capabilities, providing clients with a seamless and trustworthy service,” Chris notes.
Discover how Hoxton Wealth is revolutionizing the financial planning experience with homegrown innovative tools like the free-to-download Hoxton Wealth App. This app aims to help 1,000,000 consumers take control of their finances by consolidating all their global assets into one platform. “Our technology is designed to empower our clients, giving them the tools they need to make informed decisions about their financial future,
“The app features the innovative Wealth Flow tool, which models retirement cash flow needs based on the assets entered and the user’s retirement goals. Moreover, the in-house CRM system, Matrix, simplifies the complexities of cross-border advice for advisers, making the process seamless and saving them valuable time.
Chris talks about how the firm’s commitment to efficiency and transparency shapes the client experience.
“Efficiency and transparency are at the core of our client relationships. We believe that by being open and efficient, we build trust and long-lasting partnerships,” he explains.
Finally, we discuss future opportunities, the significance of leaning into one’s strengths and passions, and the collaborative spirit driving the profession forward.
“Looking ahead, we see tremendous opportunities for growth by staying true to our values and continuing to innovate,” Chris concludes.
“It’s not just about numbers; it’s about helping people achieve their dreams. When you see a client succeed because of your advice, it’s incredibly rewarding. That’s what keeps us going every day.”
He further added
“The financial landscape is ever-evolving, and so are we. Our goal is to remain at the forefront of this industry, continually adapting and improving to meet our clients’ needs. 2024 is set to be an exciting year for us, with new initiatives and projects in the pipeline that will further enhance our service offering.”
As part of its growth strategy, Hoxton Capital Management is actively looking to expand its international team.
“We have a unique employed international trainee financial planner program and are always on the lookout for financial planners in the UK who want to expand into international advice. Additionally, we are interested in financial planners who are exiting, retiring, or those accidental business owners who no longer want to run their IFA businesses in the UK but are looking for a cash event while transitioning to an employed role,” Chris mentions.
Don’t miss this in-depth look at building a successful and professional future in international financial advice you can watch the episode on Financial Planner Life via the link below or search Financial Planner Life on your favorite podcast platform.
