Interest in financial advice as a career path lifts 14%

Openwork research stresses need for training

clock • 1 min read

The amount of people considering a career in financial advice has surged by almost 15% as demand for the industry rises, Openwork research has revealed.

The advice network found that almost six out of 10 adults (59%) would consider a career in financial advice, up from the 45% who showed interest in an advice career in March 2019. Openwork's survey showed promising results for the future of the industry, with two thirds (66%) of 18 to 24-year-olds interested in pursuing a career in advice. The profession still remains more popular among men, with 65% looking at becoming advisers, but 54% of women surveyed show an interest in becoming advisers. Openwork director of learning and acquisition Claire Limon welcomed the results but said ...

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

Financial risks of romance scams: What advisers need to know

Financial risks of romance scams: What advisers need to know

'Romance scams are a significant threat to clients' financial and emotional well-being'

Louise Cockburn
clock 13 February 2025 • 4 min read
Advice firms move away from generic platforms as customisation gains momentum

Advice firms move away from generic platforms as customisation gains momentum

Advisers increasingly favour branded and customised platform models

Sahar Nazir
clock 13 February 2025 • 2 min read
Lumin Wealth adds £50m in AUM with latest acquisition deal

Lumin Wealth adds £50m in AUM with latest acquisition deal

Bought Reading-based Professional Financial Centre

Jenna Brown
clock 13 February 2025 • 1 min read