How to prove to a client they need advice

People who need financial advice don't often seek it but, as IFA Angela Wise of WH Ireland explains, there are ways to get the message across.

clock

People who need financial advice don't often seek it, but, as IFA Angela Wise of WH Ireland explains, there are ways to get the message across.

If a friend at the local pub suggested coming round and rewiring your home you would probably think twice. You would want to understand his background, experience and qualifications to do the job. You would probably also want references and to know if he was a member of a professional body. You would insist on a quote for the work in advance (and probably get another couple of quotes for comparison purposes). You would also want to know what sort of guarantees you would get on the work he undertook for you. So why do people not apply the same standards to getting financial advice? We ...

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

Feel Good Friday: Quilter Foundation sponsored charity hosts 'wishmas'

Feel Good Friday: Quilter Foundation sponsored charity hosts 'wishmas'

Event was made possible with £10,000 donation from Quilter

Professional Adviser
clock 29 November 2024 • 1 min read
Independent or restricted: What's in a name?

Independent or restricted: What's in a name?

Shifting the focus to 'regulated advice'

Anthony Carty
clock 28 November 2024 • 4 min read
Platform service worsens as cost of living spurs clients to move assets

Platform service worsens as cost of living spurs clients to move assets

'People are needing cash more than ever right now'

Sahar Nazir
clock 28 November 2024 • 2 min read