Episode

Herman Chan on the benefits and challenges of going independent

Podcast: Behind the Advice
Published: May 27, 2026
Duration seconds: 1492
Processing state: not_requested
Canonical source: https://behind-the-advice.simplecast.com/episodes/herman-chan-on-the-benefits-and-challenges-of-going-independent-VdSdRfcs
Audio: https://afp-119681-injected.calisto.simplecastaudio.com/0e1a7767-ecb5-4a20-a3aa-a54ae2d19808/episodes/e6c49a26-d7f7-45ca-bca7-fb96e56a37c6/audio/128/default.mp3?aid=rss_feed&awCollectionId=0e1a7767-ecb5-4a20-a3aa-a54ae2d19808&awEpisodeId=e6c49a26-d7f7-45ca-bca7-fb96e56a37c6&feed=OZVJlu3c
JSON: /v1/public/podcasts/behind-the-advice-7023081/episodes/herman-chan-on-the-benefits-and-challenges-of-going-independent
Markdown: /podcast/behind-the-advice-7023081/herman-chan-on-the-benefits-and-challenges-of-going-independent.md

Actions

POST https://stenobird.com/v1/public/podcasts/behind-the-advice-7023081/episodes/herman-chan-on-the-benefits-and-challenges-of-going-independent/transcription-requests
Idempotently request low-priority transcript generation for this episode.
GET https://stenobird.com/podcast/behind-the-advice-7023081/herman-chan-on-the-benefits-and-challenges-of-going-independent.md
Read the agent-friendly Markdown representation of this episode resource.

Summary

Herman 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. We talked about his "frugal-boomer" upbringing in Port Coquitlam, B.C., why he thinks every good advisor needs to be a bit like Batman, and the “Platinum Rule” that guides his new firm, Crimson Financial.