Bringing you live news and features since 2006 

Increase

Most advisers predict an increase in business and clients over the next 12 months

RELATED TOPICS​

The vast majority of financial advisers (81 per cent) expect their level of net AUM to increase over the next 12 months according to a survey carried out by Quilter Financial Planning.

The vast majority of financial advisers (81 per cent) expect their level of net AUM to increase over the next 12 months according to a survey carried out by Quilter Financial Planning.

A further 62 per cent of advisers surveyed expect their gross turnover to increase over the next year compared to the year just gone and only 5 per cent of respondents expect it to decrease ‘significantly’.
 
Similarly, 63 per cent of advisers expect their number of new fee-paying clients to increase over the next 12 months, with a further 23 per cent believing that they expect client numbers to stay the same.
 
More generally, most advisers are fairly confident (with a weighted average score of 7.0 out of 10) that the outlook for the UK economy over the next year will encourage clients to seek financial advice.
 
They are also fairly confident (with a weighted average score of 7.0 out of 10) that the outlook for the UK economy over the next 12 months will encourage clients to make investments.
 
However, advisers were split on whether the outlook for the UK economy over the next 12 months will encourage clients to borrow money with a weighted average score of 5.0 out of 10.
 
Quilter Financial Planning, managing director, Gemma Harle says: “After a difficult year and a half the outlook is looking much brighter for the UK and the economy, so its pleasing to see this now being reflected in advisers’ predictions for the future.
 
“Although the threat of variants still looms, the successful vaccine programme has revealed a future we had not dared to dream about just a few months ago.
 
“With many new and current clients sitting on significant lockdown savings, or potentially experiencing significant life changes due to redundancy or career change, there is a growing demand for advice to help ensure they make the right financial decisions at the right times.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by