4 Reasons the demand for advice is booming
Aim: Describe the factors contributing to an increase in the demand from clients for advice.
Outcome: Completion of this module will enable financial advisers (audience) to:
- Identify the trends contributing to new opportunities for financial advisers; and
- Understand the factors causing clients to seek more advice and take steps to seize this opportunity.
Abstract: Changing regulations, technology and generational wealth transfers have resulted in a period of uncertainty for clients. The investing public is looking for more advice and help to navigate this transitional period. Financial advisers have the opportunity to identify these trends and understand the factors that may help create potential leads for their business. The advent of technology and the impact of automated advice services on the financial industry is also discussed.