Adviser business sentiment resilient despite 2020 challenges - the lang cat

Despite Covid-19

Sophie King
clock • 2 min read

Financial adviser business sentiment remains high as the sector shows resilience despite a turbulent year, research by the lang cat has suggested.

The firm's third annual State of the Adviser Nation report, published on Wednesday (16 December), surveyed 565 advisers throughout September and October.  It found that despite the challenges and pitfalls Covid-19 caused, more than half (59%) of respondents said their businesses were in decent shape and they were looking forward to the future. The lang cat also asked participants how they felt about their firm in the context of 2020 to gauge a "gut feeling". A quarter (25%) said they were in a really good place and that lockdown had reaffirmed where they are as a business, while 11% s...

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 Business

Fidelius takes stake in HNW specialist

Fidelius takes stake in HNW specialist

Follows February rebrand

Jen Frost
clock 02 May 2025 • 2 min read
Are advice business data silos a necessary evil?

Are advice business data silos a necessary evil?

‘Like them or not, data silos are here to stay’

Robin Bevan
clock 29 April 2025 • 4 min read
Editor's view: Plenty to celebrate about the next generation of advisers

Editor's view: Plenty to celebrate about the next generation of advisers

The editor's Friday Night Takeaway from 25 April

Jen Frost
clock 25 April 2025 • 4 min read