Advisers report under 50s make up growing chunk of client banks

Surveying 100 UK advisers, FE Fundinfo's 2026 Financial Adviser Survey revealed 96% of advisers reported an increase in clients under 50, "hinting at the great wealth transfer", the firm said. Currently, 32% of the client base for respondents' practices is under 40. Consequently, advisers are having to cater for a younger demographic with different expectations. For example, survey respondents reported a 42% mean share of client base that is ESG-focused, while 86% stated that client interest in ESG has grown over the past three years. A "seamless" technology experience will likely ...