Financial adviser 2.0: How the role of IFA is changing

Who still wants to be a financial adviser?

clock • 5 min read

Nneka Orji explores the job function of a financial adviser and shares how the role is changing now more than ever...

Increased regulation, shifting investor demands and technological advances have reshaped the financial advice industry over the past 20 years, drastically changing the way financial advisers and wealth managers perform their roles. Professionals who were once attracted to the client-facing nature of the job are now confronted with the reality of compliance requirements and what can be perceived as burdensome administration. In discussions with financial advisers, some say they spend 50% to 70% of their time on admin or compliance work, instead of adding value by engaging directly with cl...

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