Clients now 'better educated' on advice industry, advisers say

Around a fifth of advisers say clients have become more demanding

Sahar Nazir
clock • 1 min read

Nearly half (44%) of financial advisers believe clients have become better educated about the markets and the advice industry over the past three years, according to Investec Wealth & Investment (UK).

Its research found that around a fifth (22%) of advisers said clients have also become more demanding as they are also bombarded by noise from social media updates about the markets. Investec said advisers are increasingly finding it difficult to switch off. Around 67% of advisers said they find it difficult to block out noise from social media and stock market updates with 4% admitting they find it very difficult. Its research also found that increased use of technology is turning up the pressure on advisers and their investment clients. Financial advisers and financial planners acro...

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