Divorce advice is 'niche' but needs more accredited IFAs

Clients can be like ‘rabbit in the headlights’ as divorce settlement nears

Jenna Brown
clock • 4 min read

Advising clients going through a divorce is a niche area but there is “plenty of work to go around” and more IFAs should look to gain accreditation to garner family lawyer referrals, a specialist has said.

Speaking during a Personal Finance Society (PFS) webinar Financial planning on divorce and separation, Beeswax Wealth Management managing director Steve Hennessy explained he works with divorcing clients to ensure good outcomes and fair financial settlements. The Chartered financial planner said about 90% of his work comes from family lawyer referrals. Hennessy is also involved with the Resolution organisation - a community of family justice professionals who work with families and individuals to resolve issues in a constructive way. "It is a great niche to work in," he said. "I do a ...

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

News editor's view: Advice firm valuations - are we at the peak?

News editor's view: Advice firm valuations - are we at the peak?

The news editor's Friday Night Takeaway from 6 February

Isabel Baxter
clock 06 February 2026 • 3 min read
Majority of advisers confident on increasing profits amid 'challenging year'

Majority of advisers confident on increasing profits amid 'challenging year'

Latest SOTAN report says 78% predict higher profits in 2026

Jenna Brown
clock 04 February 2026 • 3 min read
Preparing to sell an advisory business and planning for what comes after

Preparing to sell an advisory business and planning for what comes after

'In short, do not rush into a process until you have your proverbial ducks in a row'

Roderic Rennison
clock 03 February 2026 • 5 min read