Advisers who would recommend career in financial advice jumps by one fifth - research

Despite concerns over recruiting

Sophie King
clock • 1 min read

The number of advisers who would recommend a career in financial advice to graduates and school leavers has jumped by almost 20% since last year, research by Openwork has found.

The study conducted among 117 financial advisers in 2020 found that almost two-thirds (64%) of respondents would recommend a career in advice, but under half (48%) of 103 advisers polled last year felt the same way.  A similar increase was shown in those recommending a role in financial advice to those looking to switch careers, with 63% of advisers who would this year, compared to 46% in 2019. However, advisers are still worried about recruiting the next generation into a career in financial advice. More than four out of five (84%) advisers said schools and universities should do mor...

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