NextWealth

Findings from NextWealth’s Financial Advice Business Benchmarks report

Advisers either completely or somewhat satisfied with career choice

Nearly 40% expect increase over the next three years

One third of advice professionals are using AI in their businesses

Advisers urge providers to facilitate better back-office integrations

Attitude to risk questionnaires could be unsuitable for decumulation

‘We were built specifically to solve problems that advisers have’

NextWealth finds 14% of MPS assets have moved from active to passive

Each added more than £3bn in assets in the last year, NextWealth finds

Advice firms are ‘offboarding’ clients that they cannot service profitably