Are you an adviser, planner, financial coach, wealth manager, investment manager? And that’s just to name a few. Isabel Baxter explores if there are now too many terms in the advice profession…
There are many ways one could define themselves in the financial services industry, and with regulatory permissions, the opportunities are endless. Some could argue that this causes confusion not only among the industry itself but more so for clients. Initially writing on LinkedIn, About Consulting Group director Jon Dunckley shared his concern that financial advice, financial planning, and wealth management are not protected terms, claiming that there is "no statutory weight to any of them". He wrote: "Anyone who has regulatory permissions can call themselves what they like. Advi...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
