Only 17% of financial advisers believe younger hires would attract more clients

Advisers under 45 generated largest proportion of personal revenue from new clients

Isabel Baxter
clock • 2 min read

Only 17% of financial advisers believe hiring younger colleagues would help them to attract new clients, research from Aegon and NextWealth has found.

Featuring the views of more than 200 financial advice professionals, NextWealth and Aegon's latest research guide, Organic Growth for Financial Advice Firms, found that when asked to pick the factors they believed would be most helpful when trying to attract new clients, only 17% of advisers said the hiring of younger advisers, making it the 8th most popular choice. The guide also revealed that in the past 12 months, advisers aged under 45 generated the largest proportion of their personal revenue from new clients (22%), compared to all other age groups. Advisers aged 45-54 saw 17% of...

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