Just 39% of women with £250,000 or more seeking financial advice

Gap uncovered in the number of affluent women taking advice

Hope William-Smith
clock • 1 min read

Little over a third of high net worth (HNW) women with £250,000 or more in assets seek out financial advice, Quilter Cheviot says.

A survey of 2,005 women with assets over a quarter of a million pounds - conducted in July with YouGov and published yesterday (9 November) - looked at the risks of the industry failing to engage HNW women. Currently only just over a third (39%) of surveyed women receive financial advice, with 59% saying they could manage it without assistance. Figures quoted in the research from HM Treasury and the Financial Conduct Authority place the percentage of women in the UK taking in advice as 40% of the total population. With this in mind, Quilter Cheviot managing director of advice Miche...

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