Majority of advisers offboarding more clients than usual

Advisers expect offboarding to increase in next 12 months

Sahar Nazir
clock • 1 min read

Three-quarters (72%) of financial advisers are offboarding more clients than usual, according to a NextWealth report.

More than half (54%) of advisers said the number of clients offboarded in the last 12 months had slightly increased, while 18% said it had significantly increased. Meanwhile, a quarter (27%) said they had witnessed no change, and 2% said offboarding had slightly decreased, according to Getting onboard with offboarding. Nearly half (47%) of advisers said they expected to offboard slightly more clients in the year ahead, while 11% said they expected to offboard significantly more. However, 40% said they expected there would be no changes in the next 12 months, and 2% expected offboar...

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