In this episode of The Problem With, hosts Alex and Annabel dive into one of the industry's most debated topics: the role of networks in financial services.

They're joined by Paul Day, founder of Network Consulting Services Ltd, who brings over 30 years of industry experience as an advisor and network strategist. Paul shares his insights into why many advisers choose networks over direct authorisation, what traps to watch for in contracts, and how to know if you’re truly ready to go DA.

Together, they unpack the realities of compliance, the importance of business planning, and how networks can either empower or constrain growth. If you’re an adviser contemplating your next step—or simply curious about the inner workings of the financial advice ecosystem—this candid conversation is essential listening.

Whether you’re AR, DA, this episode will help you see the landscape more clearly.