Men likely to find an IFA through work not family recommendation

Investec research reveals differences when men and women search for IFA

Sahar Nazir
clock • 1 min read

Men are most likely to find an IFA through their workplace, according to wealth manager Investec Wealth & Investment (UK).

The firm surveyed consumers with stock related investments, finding 24% of men are likely to secure an IFA through work. Comparatively, only 16% of women find an IFA in this way. Men are also more likely to find an IFA through their own research (23%), compared to women (18%). On the other hand, women are more likely to find an IFA through a family member (32%), compared to men (18%). On average people start using an IFA, wealth manager or financial planner when they turn 36, although generally women seek financial advice later in life (aged 41) than men (aged 35), the research not...

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 profession

Budget leaks branded 'disappointing' as tax-free cash cut rumour resurfaces

Budget leaks branded 'disappointing' as tax-free cash cut rumour resurfaces

Calls to ‘ignore’ Budget speculation

Isabel Baxter
clock 22 August 2025 • 4 min read
Inside Quilter Academy: Translating academic learning into practical application

Inside Quilter Academy: Translating academic learning into practical application

13 weeks of focused post-qualification training and development

Chris Jones
clock 22 August 2025 • 4 min read
Provider letters of authority response times improve

Provider letters of authority response times improve

Only one provider’s performance remained flat, Pension Lab finds

Isabel Baxter
clock 21 August 2025 • 2 min read