FM Radio

How does real‑world experience shape better financial advice? In this episode of FM Radio, we talk with Jessica Waller from Bridge Private Wealth about how her upbringing in a hands‑on entrepreneurial family shaped her approach to client relationships, decision‑making and resilience. Jess discusses why empathy matters, how to help clients open up, and what it takes to guide people through emotionally charged financial crossroads. If you’re interested in advice that blends technical skil...

In this episode of FM Radio, we look at Elston Income, a portfolio that has just marked its first birthday by delivering favourable results, despite a challenging year. Elston Co-Founder Bruce Williams and Portfolio Manager Alastair MacLeod reflect on how Elston Income was constructed and how that has allowed the portfolio to harvest income for retirees. They unpack a year shaped by geopolitical uncertainty, evolving interest rate expectations, and the growing influence of AI. They also...

In this episode of FM Radio, Elston Portfolio Managers Justin Woerner and Gary Merkel unpack the rapidly evolving world of AI and what it means for investors, particularly in the small cap space. They explore the real shift happening beneath the surface, from generative AI to agentic systems, and how this is driving both opportunity and disruption across software businesses. They discuss the impact on productivity, the pressure on traditional business models, and why not all tech companies ar...

In this episode of FM Radio, Elston Portfolio Managers Leon de Wet and David Seager reflect on a quarter shaped by geopolitical tension, shifting interest rate expectations, and accelerating AI investment. They unpack what’s driving market volatility, where diversification has added value, and why real assets and fixed income are playing a more important role in portfolios. The conversation also covers asset allocation decisions, income strategy performance, and how Elston is positioning port...

In this episode of FM Radio, Jason Entwistle from HUB24 joins us to explore how advice practices can scale and thrive despite a shrinking adviser workforce and rising demand for financial guidance. With nearly four decades in the platform industry, Jason shares how data quality, smart integrations, and technology can elevate workplace efficiency. He also unpacks how HUB24 helps advisers serve more clients without sacrificing human relationships at the heart of advice. We touch on AI, its real...

How can we help young people rebuild confidence, find purpose, and truly thrive? In this episode of FM Radio, Elston’s Head of Philanthropic Services Susan Chenoweth sits down with Robert Cronk from Flipside Circus and Stephanie Blunt from YMCA Queensland to explore how structured giving transforms lives. They unpack why belonging matters, how creative and unconventional programs spark resilience, and where philanthropy can make the biggest difference - especially in those often overloo...

In this episode of FM Radio, Elston Portfolio Manager Justin Woerner joins us to look back at a year marked by volatility, geopolitical surprises, and shifting market dynamics. He also shares what it all means for investors in 2026. We unpack the big themes: inflation, interest rates, and the rise of AI, plus the incredible dispersion in returns between industrials and resources. Justin also reveals why Elston stays true to its small cap quality label, the opportunities emerging in certain se...

How do you build a multi-asset portfolio with a tilt to income? In this episode of FM Radio, Elston Portfolio Manager David Seager chats with Ashley Burtenshaw about the Barings Liquidity Investment Strategy, also known as BLIS, and why it’s now part of Elston’s portfolios. We explore what makes BLIS different, the role of RMBS in delivering predictable returns, and how big data and smart systems help manage risk and liquidity. Looking for insights on creating steady income withou...

What does it take to elevate advice and investment conversations beyond the day-to-day? In this episode of FM Radio, we recap some of the highlights from the Elston Elevate Conference with Mark Smith, Head of Adviser Services at Elston. From global investment insights and the realities of AI to tackling concentration risk and embracing a growth mindset, we unpack the big ideas shaping portfolios and advice businesses today. We also explore why execution beats strategy, the importa...

In this episode of FM Radio, we chat with Aaron Kane, Managing Director of EK Financial Group, on how he’s built the business by embracing new ideas. From transforming a family business to adopting automation, offshoring, and even TikTok, Aaron shares how he’s built a scalable, client-focused model without losing the personal touch. We also explore the power of global networks, the value of coaching, and why culture and career pathways matter more than ever. Looking for fresh ideas to take yo...

Is a rate cut good news or is it a warning sign? In this episode of FM Radio, Elston Portfolio Manager Alastair MacLeod shared his insights on the rate-cutting cycle and what they mean for the economy and investors. We also explore the disconnect between markets and the real economy, the risks of high valuations, and how active managers are positioning portfolios to navigate the next phase Are we heading for a soft landing or just soft returns? Tune in to find out! The information...

Is Australian financial advice on the brink of a golden age or just navigating growing pains? In this episode of FM Radio, Elston Co-Founder Andrew McKie shares his take on the future of advice and investment in Australia. From rising professional standards and tech disruption to the promise of intergenerational wealth and smarter solutions, Andrew unpacks the challenges and opportunities shaping the next chapter of the industry. Where is advice headed and what will it take to thr...

In this episode of FM Radio, we explore how wealth advice has changed to meet the needs of clients, with expert insights from Mark Smith, Elston’s Head of Adviser Services, and Paul Heanly, Managing Director of Hunter Wealth. We learn about the evolving meaning of financial freedom and how strategic advice is adapting to better serve clients. Focusing on investment solutions that firms have adopted along the way, we dive into the importance of long-term partnerships and delivering...

In this episode of FM Radio, we take a look at the latest reporting season and chat with Elston Co-Founder and Portfolio Manager Bruce Williams as shares his take on the results. Which ASX100 companies met expectations and which ones failed to deliver? Bruce also looks at why some companies seem to have been punished by the market for their subdued forward forecasts. For anyone who wants to know more about how portfolio managers and analysts process the information that come...

The investment environment changes rapidly, so how do you stay informed and ahead of the curve? In this episode of FM Radio, Elston Co-Founder and Portfolio Manager Bruce Williams explains how Elston’s investment strategy has evolved and what has remained constant. We deep dive on the impact of navigating global shifts like COVID, supply chain disruptions, and central bank dynamics. We also explore the value of understanding Australia’s strong industries. Tune in as we disco...

Can retail investors influence the fate of Australia’s biggest bank? In this episode, Elston Portfolio Manager Alastair Macleod explores the elevated valuation of Commonwealth Bank (CBA) and why it may be vulnerable to a shift in sentiment, especially from everyday investors like his mum. Al unpacks the forces driving CBA’s share price and what could trigger a correction. Tune in for a candid look at valuation risk, investor psychology, and what it means for portfolio positioning. The informa...

What’s driving smarter investment strategies today? In this episode of FM Radio, we explore the evolving world of Multi-Asset Portfolios with Elston Portfolio Managers David Seager and Alastair Macleod. From building strong foundations and focusing on long-term returns to blending exposures together and identifying the best asset combination, they share their recipe for success in multi-asset portfolio. Discover how collaboration, clear communication, and client experience a...

This week on FM Radio, we venture beyond the ASX 100 and into the dynamic world of Small Caps with Portfolio Managers Justin Woerner and Gary Merkel. Discover how Elston’s Emerging Leaders Portfolio identifies and selects the durable, long-term businesses among 400–500 companies in the small cap space. From market fundamentals to timeless industry lessons, this episode is packed with insights for anyone curious about growth opportunities off the beaten path. The information provided in ...

In this episode of FM Radio, we sit down with Susan Chenoweth, Head of Philanthropic Services at Elston, to unravel the mysteries of the world of philanthropy. From defining what philanthropy really means to uncovering how it can help clients, Susan shares expert insights and practical guidance. If you’ve ever wondered how structured giving fits into financial conversations, this episode is a must-listen! The information provided in this podcast is general in nature, you must cons...