The Future of Advice: Generational shifts challenge adviser businesses

The generational shift of assets is having an effect on adviser propositions and in turn, is increasing the need to attract and retain the next generation of clients and advisers.

In association with citywire we talked about how to attract and retain the next generation of clients and advisers.

Here are some ideas that we feel are useful in attracting future talent in the financial profession:

A mixture of these measures should help you achieve a good pipeline of engaged talent that will help you build a sustainable business, well-prepared for the challenges of intergenerational wealth transfers.

We also talked to citywire about engaging successfully with the next generation of clients. Read the full citywire article here. to gain more insight on the approach some advisers are taking to attract future clients.

Standard Life can support you, so you can focus on helping your clients make good choices for their life savings. Find out more on standardlifeadviser.co.uk/future.

The information in this blog or any response to comments should not be regarded as financial advice.

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