Most advisers are positive about business prospects over the next 12 months with the majority (81%) predicting their level of net assets under management will increase over the coming year, according to a survey from Quilter Financial Planning.
Almost two-thirds of those surveyed (62%) said they expected their gross turnover to increase during the next 12 months compared to the year just gone, and the research found 5% were fearful it would decrease "significantly". Advisers were also bullish on new client business with 63% predicting a rise in new fee-paying clients and a further quarter (23%) saying they expect client numbers to remain stable. In addition, advisers were fairly confident on the outlook for the British economy with a weighted average score of 7.0 out of 10, Quilter FP said, with those surveyed believing it ...
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