Client support: How financial and emotional resilience differ

'Financial resilience appears to be decoupled from emotional resilience'

clock • 4 min read

Louis Williams explores the differences between financial and emotional resilience and explains what it means in practice for financial advisers...

When measuring client's vulnerabilities, one area that is important to assess, and which can be improved with the right financial advice and coaching, is resilience. In our industry, we often focus heavily on financial resilience, which relates more to a client's financial resources, financial literacy, professional and social support. Financial resilience appears to be decoupled from emotional resilience, but an understanding of both is important. While a client may not be struggling to keep up with their monthly bills, how has recent uncertainty affected their perceptions of the fut...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Professional Adviser TV: Tackling 'horrendous' letter of authority delays

Professional Adviser TV: Tackling 'horrendous' letter of authority delays

‘LOAs could be really magical’

Professional Adviser
clock 29 August 2025 • 2 min read
How Parmenion is fuelling platform growth amid adviser fragmentation

How Parmenion is fuelling platform growth amid adviser fragmentation

Platform's soft skills training, switch service and Consumer Duty alignment cited as key drivers of adviser engagement

Sahar Nazir
clock 28 August 2025 • 3 min read
Former Titan Wealth employee convicted of harassing senior staff

Former Titan Wealth employee convicted of harassing senior staff

Judge orders mental health assessment ahead of sentencing next month

Sahar Nazir
clock 28 August 2025 • 3 min read