In this episode of Financial Planner Life, Terry Smith, CEO of Fundsmith, speaks with Chris Ball, CEO of Hoxton Wealth, about his journey from banking into fund management and entrepreneurship.

The conversation explores long-term investing, leadership, business growth and the importance of discipline within financial services, alongside Terry’s views on market trends, investment sectors and the challenges of scaling a fund management business.

Terry also reflects on the moments that shaped his career, the importance of integrity in business and why patience remains one of the most valuable qualities in both investing and financial planning.

Key Discussion Points

• Terry Smith’s journey from banking to Fundsmith

• Long-term investment thinking versus short-term trading

• Leadership and managing growth within financial services

• Building trust, delegation and managing teams

• Investment opportunities across consumer, medical and technology sectors

• Advice for financial planners and aspiring fund managers