For those advisers who are working full-time, it seems there are plenty of potential clients out there. Many do put up barriers. We’re the only independent advisers within 20 miles who don’t have a minimum ‘level of wealth. However, whether the unadvised know they should or want to be clients is another question. Asking for help, in any aspect of life, can be a big step. It’s often a crisis which pushes you to it; had you asked earlier, the crisis may not have arisen; the problem might still be there, but forethought and planning could smooth the way. Others do sometimes know better. Ask Boris and Novak.
“Worry for profession as young adviser numbers plummet”
There are around 31,000 advisers currently authorised by the FCA to give advice. Of these only around 6% are under 30 and 84% of all advisers are male. There are 209,000 solicitors, 7,000 young ones enter the profession each year and 52% of all solicitors are now female.
