Clients regret not working with an adviser sooner

Around 46% started using an adviser when they were 40 or older

Isabel Baxter
clock • 2 min read

Many clients wish they had started working with an adviser or wealth manager sooner, Investec Wealth & Investment has found.

Its study revealed that around 46% of the clients questioned only started using an adviser when they were 40 or older and one in six (16%) waited until they were 55-plus. The majority (56%) wish they had started working with an adviser earlier and nearly two out of five (37%) wish they had done so ten-plus years earlier. Around 63% said they delayed because their investible assets were not big enough, but 27% could not find an adviser who either had time to take them on or who they felt understood them enough. More turning to financial advice Meanwhile, the study also found that ...

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