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

Supporting high-net-worth families through conflict

Supporting high-net-worth families through conflict

'Advisers need to understand the emotional weight that accompanies the numbers'

Richard Montague
clock 26 May 2026 • 5 min read
Advisers say sustainable investing is set for a comeback – research

Advisers say sustainable investing is set for a comeback – research

Some 36% say sustainable investing is currently in favour

Sophia Panayi
clock 26 May 2026 • 3 min read
News editor's view: Let's give it up for the small advice firms

News editor's view: Let's give it up for the small advice firms

The news editor's Friday Night Takeaway from 22 May

Isabel Baxter
clock 22 May 2026 • 4 min read