Advisers have never had it so tough. The combination of new regulatory demands and depolarisation means many will soon find they are doing all they can to keep their head above water.
But advisers should not feel they are alone in facing this intense market change. Solid lender-adviser relationships have never been more important than they are in the current climate. In a market where advisers are having to seriously examine their business model to remain in profit and in business, more are turning to their lenders for valuable business planning advice. After all, if advisers are growing, lenders are growing too. Lenders traditionally have not been the first port of call for advisers wanting to grow and manage their business. But market changes have meant the traditio...
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