Are advisers prepared for the next generation of wealth owners?

Independent consultant AKG's research in 2022 commissioned by Schroders -  NextGen or LostGen? - The need to develop new client acquisition strategies - found that 91% of advisers recognise the need to develop different types of service and fee models to work with different client age groups and segments. Whether it is using technology to lower costs and give client better outcomes, or championing ethical investments and passive investments, there are many ways advisers can adapt their offering to meet the needs of the next generation. A ‘deeper breadth of advice' Quilter financial...