Herman Chan on leaving major firms to launch his independent financial advisory practice
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Not artisan, but a perfectly fine bagel. Hits the spot.
Summary
Herman Chan, founder of Crimson Financial, shares his unconventional career path from journalism and retail management to becoming a financial planner. After 15 years supporting other advisors at major firms like RBC and London Life, he discusses the decision to launch his own independent firm, along with the benefits and challenges of going independent in the financial advice industry.
Key quotes
· 3 pulledHerman Chan's path to becoming a financial planner was anything but linear.
He started out with a journalism degree and a dream of being a sports writer, before a stint in retail management convinced him it was time for a career change.
After 15 years of supporting other advisors at major firms such as RBC and London Life (now Canada Life), Herman took the leap into independent advice.
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