A widening financial advice gap
The profession is facing a significant challenge: the demand for trusted financial advice is increasing, yet the number of qualified advisers is not keeping up the same pace.
Currently, there are over 28,000 financial advisers in the UK, many of whom are approaching retirement with the average age of 58.
Meanwhile, the UK’s ‘affluent’ demographic - those with investable assets between £100,000-£2 million - is projected to rise from £1.4 trillion in 2023 to £2.1 trillion by 2023 leading to an increased demand for financial advice *.
*Source: Globaldata
The need for you
Good financial advice leaves people better prepared for important life events, however big or small.
Yet, only 26% of individuals in the UK are actively seeking financial advice*. There’s huge potential to reach and provide support to a much wider demographic.
Financial advisers help people to build a better financial future. Could you be one of them?
*Source: Royal London Advice Gap Report
Seize the opportunity
There’s no better time to become a financial adviser.
After completing our training programme, join our SJP community as either a business owner or an adviser within an existing SJP Practice.
