A recent study has predicted that a group of modern SMSF Investors is about to disrupt the industry with their new and bold ideas. It has been mentioned that the breakthrough is going to change forever the stereotype thought of the experienced professional who has been in the market for a long time. The research has come to identify different categories of modern SMSF investors including – outsourcers, coach seekers, controllers and self directed investors.
It has been the word of the industry for a long time. Everyone has predicted the change. Everyone has seen the disruption coming because they have seen the industry to grow. It has become diversified with time. People have started to grow as invested in the industry. The new age investors have become more confident as they gathered experience. They now need very little advice from others.
Among the four types of investors the outsources and coach seekers dominate the industry as they occupy around 35 to 40 percent of the industry. The study has succeeded to properly predict the future of modern self managed superannuation fund investors.
Outsources are the daring types who like depend on the professional finance executives to guide them. They also believe in allowing outsiders to help them take care of the responsibility they cannot handle. This is the power of outsourcing a project. Once some work is outsourced, the company only expects the outcome of the result. These outsources are willing to pay high for the outsourced projects.
Coach seekers are the other market disruptive. They have the potential to change the thought which the industry has followed from the beginning. They are unwilling to follow the path that has already been set. Rather they want to set up their own path even though that comes with high challenge.
This group of people gets involved in the fund management. They take care of the funds. However, their involvement is moderate where they seek advice from the people who are outsiders. Some advisers are attached with them and they continuously help the coach seekers to execute their responsibility.
The numbers of coach seekers are dominated by the young people who are not afraid of trying new paths. Also, most of the females can be found in this category.
The other two categories are most likely to follow the path that has been set by the others. They follow the traditional thought and will continue to do so in the future as well.
NCS offers to assist investors who seek advice in auditing or help in modern SMSF Investors. They have a team of experts who know their responsibility and have the know-how of dealing with complicated auditing related problems.