Advisers are displaying “confidence under pressure”, according to the latest Saltus Financial Planning Growth Index report, as optimism on future revenue rises despite continued regulatory and compliance strain.
The second data set from the index, released today (28 April), showed 74% of financial planning firms were confident their revenue would increase in the next year. Last year, 70% felt revenues would rise. The report added that optimism was up across financial services with 39% of respondents anticipating 5% to 10% growth in sector-wide assets under advice (AUA). Some 21% predicted between 10% and 20% growth, this figure stood at 12% in 2024. Saltus said firms believed a critical driver of this would be client inflows, which will remain strong. Some 34% said they expected inflows to...
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