Building client trust and turning clients into advocates

clock • 4 min read

    According to research by PWC, trust in financial services organisations has fallen even further over the last few years. In their report "Stand out for the right reasons - How financial services has lost it's mojo and how it can get it back", they report that only 28% of consumers trust financial advisers. Worse still only 6% of consumers say their trust in advisers has increased over the last 12 months, which presumably means that 94% trust them less or about the same as 12 months ago. Not a great starting point. But all is not lost. I'm sure that most advisers would agree...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advertising watchdog upholds complaints against whiskey investment business

Advertising watchdog upholds complaints against whiskey investment business

Advertising watchdog upholds complaints against Whiskey & Wealth Club

Sahar Nazir
clock 21 January 2026 • 2 min read
FOS leadership changes show reforms 'are serious'

FOS leadership changes show reforms 'are serious'

2026 will be a ‘year of material change’ at the Ombudsman

Isabel Baxter
clock 21 January 2026 • 3 min read
Private markets growth to have 'profound' impact on client portfolios

Private markets growth to have 'profound' impact on client portfolios

Schroders’ Lowe points to ‘super-cycle’

Isabel Baxter
clock 21 January 2026 • 2 min read