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advising millennial clients

A guide to advising millennial clients

Posted on 28 Jan, 2019

By Lyba Nasir

Much has been written about how millennial’s are struggling with their finances. Many can’t afford to buy a home or start a family, while the group are also known to ‘live for today’ and not think about their financial future.

However, research has found that many millennials are crying out for good-quality financial advice. So how do you advise this generation? How can you add value? And how do you target them? Keep reading for your complete guide to advising millennial clients.

Multi-asset investments – An adviser’s guide

Posted on 26 Nov, 2018 By Lyba Nasir

multi-asset investments

Over recent years multi-asset investments have become hugely popular with both advisers and clients. A recent Aegon survey found that in aggregate, 29% of client assets are invested in multi-asset funds, significantly higher than all other investment models.

But why are multi-asset funds proving so popular? What are the pros and cons of multi-asset? And how can they be used for clients at different stages of life? Keep reading for answers to these questions and more.

A guide to adviser soft skills

Posted on 19 Oct, 2018 By Lyba Nasir

A guide to soft skills for advisers

As a financial adviser, you offer your clients a wide range of technical and specialist skills. While these can help you to stand apart from your competitors, many experts now believe that it’s less tangible soft skills that could be the key to differentiating yourself from other advisers.

Soft skills are a key part of being a successful adviser. Our guide will help you identify the soft skills that particularly benefit advisers and how you can develop these skills.

marketing tips for financial advisers

As a financial adviser you boast a wide range of skills. While you may know your products and the industry inside out, how good are you at other aspects of the job such as marketing and self-promotion?   If you want to grow your client base, here are seven simple ways that you can increase […]

How financial advisers can keep on top of their CPD

Posted on 20 Aug, 2018 By Lyba Nasir

CPD - Financial Advisers

Completing and evidencing your Continuing Professional Development (CPD) is a requirement for every financial adviser.

But why is CPD important? Where can you find good quality training? And how can it positively impact your career? Our complete guide to CPD answers these questions and more.

Cyber security

In recent years, several high-profile cyber-attacks have hit the headlines. Companies from Ticketmaster to Costa and even the NHS have been victims of cyber-attacks, with four in ten UK CEOs now believing that becoming a victim of a cyber-attack is a case of ‘when’ and not ‘if’ for their organisation.

Do you have robust cyber security measures in place? Keep reading for tips and advice on how you can increase your cyber security.

Everything you need to know about MiFID ii

Posted on 14 Jun, 2018 By Lyba Nasir

MiFID ii

On 3 January this year, wide-ranging reforms to the European financial services industry came into effect. The second Markets in Financial Instruments Directive (MiFID ii) rules are complex but there are some key issues that affect financial advisers.

Keep reading for an introduction to MiFID ii and everything you need to know.

Our 5-step GDPR checklist for financial advisers

Posted on 18 May, 2018 By Lyba Nasir

Virgin money takeover complete

On 25 May 2018, new regulations come into force which change the way you deal with your client’s data. The General Data Protection Regulations (GDPR) build upon the requirements of the current Data Protection Act, but there are some significant changes which you need to be aware of. Keep reading for your five-step financial adviser GDPR checklist.

Many advisers would say that managing their most active clients, re-engaging with those who haven’t taken advice in a while and networking with potential new clients can make for a fairly hectic schedule. So for this reason, you’d be forgiven for wondering if there are more efficient ways to keep in contact with your current and potential clients. One of the most versatile and accessible ways of engaging with current and potential clients is email marketing. This communication tool allows you to keep your contact lists updated with the latest news from the industry, whilst promoting your services.

For financial advisers, social media provides a whole range of opportunities. Connecting with and researching competitors, and getting across your message can all be done instantly online via social media. However, with these opportunities come risks, and what may have seemed like a harmless thing to post could be interpreted differently and in affect, end up damaging a reputation that you have worked hard to create.
There are countless examples of when people have posted inappropriate updates to their social media profiles that have ended up costing them their job. For example, a PR executive posted an inappropriate comment while on an aeroplane , only to find she had lost her job when the plane landed. In addition to showing the power of social media, this example also proves the instantaneous nature of the platforms, in that in such a relatively short space of time, this post had spread sufficiently far to make her lose her job.

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