Nucleus: Advisers 'struggling' to grow business despite positive outlook

Good staff demand a premium salary

Nicola Brittain
clock • 2 min read

Advisers are "struggling" to find new staff despite growth in demand, according to Nucleus director Barry Neilson, following the release of a new report.

The report, called Nucleus Census, questioned 200 advisers about themselves, their business, their clients and their views on the industry. Nucleus produces the report on a yearly basis. The survey found  100% of users were either positive or extremely confident about the future of their business, as was the case in 2014 and 2015, and that this positivity appears to be well-founded. The report states that average gross turnover improved year-on-year with almost 72% of adviser firms who responded generating a turnover of more than £400,000 in 2015. Neilson said: "The majority of advise...

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