Talking to other advisers, It’s interesting that many of the younger ones are most resistant to using technology for client meetings. In financial adviser terms ’younger’ means under 55, so we’re not talking snowflakes here. The problem, I think, is their assumption that their clients, especially the (genuinely) older ones will struggle or have problems with it all. My experience to date is that virtually (see what I did there?) everyone of every age can work some sort of video tech, including my Skype-ing 97 year-old father. So, no excuses, get with it, guys!
“Britain has lost 435 financial advice firms since 2022”
Headline figures, there were over 200,000 financial advisers at the end of the ’90s, there are around 30,000 now and our numbers are continuing to reduce.