More than three-quarters (77%) of advisers are looking to take on new clients, a figure that has risen since the outbreak of the coronavirus pandemic, research by FundsNetwork has found.
The adviser platform surveyed some 200 advisers in January 2020 and 100 in May, and found the number of advisers seeking new clients has increased by 10% in five months, from 67% to 77%. More than half (55%) of the advisers surveyed in May 2020 predicted an increase in demand for financial advice within the next five years, driven in part by clients' changing circumstances and goals, and a greater awareness of the value of financial planning. Elsewhere, the research found nearly four in five (79%) advisers have addressed clients' concerns about volatility following the significant mar...
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