Perhaps you’ve never thought about what a financial adviser does. The role they play in their clients’ finances is fundamental to those clients being able to lead happy, prosperous and rewarding lives, enabling their dreams and helping their loved ones.  Financial advice has boomed in recent times, driven by technology, policy change and demographic trends. With ever-increasing demand - and need - for the service, it is a career that can offer lasting benefits, including enduring job satisfaction and great rewards. 

Did we mention that it is expected that there will be a shortage of qualified advisers over the next 10 years? Get in!

Widening advice gap

As the existing pool of experienced advisers approaches retirement over the next 10 years, the population of financial advisers is forecast to decline, creating a widening advice gap.

Increasing demand for advice

An increasing number of people lack the time, confidence or ability to manage their financial affairs, so are seeking professional, relationship-based advice. This kind of advice helps people plan, grow and protect their financial future.

Increasing wealth

The UK demographic described as ‘mass affluent’ by the financial services sector is those with £50,000 to £5 million of investable assets. This is projected to rise from 11 million people in 2021 to 13 million people by 2024 (Source: Globedata).

Benefits of becoming a financial adviser

1. Meritocracy: rewards are reflected in your efforts
2. Autonomy: grow the career or business that suits you
3. Opportunity: over 50,000 financial advisers are needed to fill the advice gap
4. Relationships: a meaningful career that helps others

At Future Financial Adviser our Partners each offer a training and qualification route to becoming a financial adviser and can also place you in work at the end of it.  Please visit our Develop your career – connect with our partners channel.