Navi Mumbai, Maharashtra India (PressExposure) September 20, 2007 -- Bharat Book Bureau, a leading market information aggregator has put forth a report- "Generational shift of Financial Advisors" ([http://www.bharatbook.com/detail.asp?id=50567])
This report assesses the issues that are arising from the aging of the financial advisor community. The industry is failing in its efforts to attract new, young talent and without this the question for providers is what will happen to advisors' businesses as they approach retirement. This survey aims to reveal the future plans of advisors and how they are planning for the future of their business
Scope of this report
Survey conducted among 102 financial advisors revealing their views on a variety of investment choices
Analyses the position of various age groups within the industry, explores growth potential, and gauges advisor opinion toward various product areas
Covers the prominent issues affecting the financial advice market, discusses key current issues and a range of advisor opinions across age groups
Research and analysis highlights
This report looks at the changing structure of the financial advisor market and how advisors of different ages are adjusting to changes in products, regulation and technology. It also examines the future for aging firms of advisors.
For all advisors, confusing regulation is regarded as the biggest current challenge within the financial advice market, with 66% of all survey participants selecting it as one of their top three biggest challenges.
Attitudes towards the challenges faced by financial advisors differ widely between age groups, despite being linked by a general consensus that confusing regulation is the largest challenge faced by the community. The younger age groups appear more concerned with issues directly affecting the future of the industry, such as technological change.
Key reasons to read this report
Identify market opportunities by discovering which product areas IFAs see as having the greatest potential
Identify the main client groups, as well as the most popular products and life providers in the eyes of financial advisors
Gain direct insight into the fears, concerns, and attitudes of financial advisors and their predictions for the future of the industry
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