When advisers become a target

clock

You're at a party and a guest berates you for your role in the economic crisis. How do you respond? Bryce Sanders, president of Perceptive Business Solutions, offers some diplomatic solutions.

Today many people consider The City of London a villain, responsible for most of the ills facing the economy, investors and ordinary citizens. You are a financial adviser. You are ‘The City’ to people you meet at parties. Are you the target of politely worded hostile questions? Can you respond without losing your composure? Is it a business opportunity in disguise? Before you answer, we’ve all heard: “Fools rush in where angels fear to tread” (Alexander Pope An Essay on Criticism, 1709). Before answering, draw them out. Ask: “Why do you feel that way?”, “Why do you say that?” or “What ha...

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

Professional Adviser journalist wins Headlinemoney award

Professional Adviser journalist wins Headlinemoney award

Prestigious awards celebrate financial services journalism excellence

Professional Adviser
clock 18 July 2025 • 1 min read
PA Digital Working Lunch: Baillie Gifford on the compelling UK opportunity

PA Digital Working Lunch: Baillie Gifford on the compelling UK opportunity

Join PA and Baillie Gifford online next Wednesday

Professional Adviser
clock 18 July 2025 • 1 min read
'Will this return us to one-size-fits-all?': Industry divided over Reeves' Consumer Duty wholesale review

'Will this return us to one-size-fits-all?': Industry divided over Reeves' Consumer Duty wholesale review

Wholesale exemption would ‘adversely affect the Duty’s objectives’

Sahar Nazir
clock 17 July 2025 • 5 min read