IFAs reputation boosted by financial crisis - Nucleus

clock

The reputation of advisers has been given a boost by the financial crisis, providing them with a wealth of opportunities, suggests a Nucleus survey.

In a poll of 30 member firms, almost half think the crisis has had a positive impact on the industry. Just 5% think the financial meltdown has negatively impacted the perception of advisers. The findings lend credibility to chief executive David Ferguson's belief the crisis has brought unprecedented opportunities for adviser firms. Ferguson thinks the financial storm has forced advisers to raise their standards and helped improve the profile of those better quality firms. "While 2009 has certainly been a challenging year for all in the financial services sector, those adviser firms...

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

Octopus CEO: 'Advisers are the GPs of money – but AI will do the heavy lifting'

Octopus CEO: 'Advisers are the GPs of money – but AI will do the heavy lifting'

Simon Rogerson urges financial planning profession to embrace tech or risk irrelevance

Sahar Nazir
clock 15 May 2025 • 2 min read
Timeline launches first multi-asset fund in bid to simplify investing for advisers

Timeline launches first multi-asset fund in bid to simplify investing for advisers

Firm eyes FCA approval to roll out low-cost, evidence-based fund aligned with adviser demand

Sahar Nazir
clock 15 May 2025 • 2 min read
Pete Matthew: 'Arrogant' advisers need to 'get over themselves' to scale growth

Pete Matthew: 'Arrogant' advisers need to 'get over themselves' to scale growth

Advice business owner and planner expresses frustration at industry

Sahar Nazir
clock 15 May 2025 • 1 min read