The financial advice sector needs to define a path for the next generation to come through the ranks and become advisers, believes Vito Faircloth, because as things stand young people do not know where to start.
The youngest-ever Fellow of the Personal Finance Society maintains younger people do see advice as a prestigious career but are at a loss at how to get there themselves. He also admits that, originally, he did not know how to become an adviser or that it was even a feasible option at a young age.
Faircloth, voted by his peers as Personality of the Year at the PA Awards 2017, is the latest Adviser Champion to appear in Professional Adviser's series of videos, following interviews most recently with SIFA's Ian Muirhead, Panacea Adviser's Derek Bradley and Adviser Home's Brendan Llewlleyn.
Faircloth also says that, as long as advisers keep acting with the utmost professionalism and embrace technology going forward, the sector "can cater for most, if not every, person".
You can find out more of Faircloth's thoughts on different aspects of the world of financial advice - including why the best piece of financial advice he has received could equally be considered the worst - by clicking on the video at the top of the page.
Professional Adviser's Adviser Champions series of video interviews offers insight into how figures from inside and around the world of financial advice see such issues as recruiting new talent to the sector, the impact of regulation, the dangers of jargon and the challenges posed and opportunities offered by robo-advice.
To see the full set of Adviser Champions interviews to date, please click here
If you would like to put your own or a colleague's name forward for consideration to take part in the series, please do email Julian Marr
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