Financial Advisers have revealed the greatest challenges they face to their profitability in 2021.
An on-line survey in November 2020 showed the greatest operational concern of almost half of the Financial Advisers surveyed was fewer new clients knocking on their virtual doors next year.
Adapting to greater remote working was identified as the second biggest operational challenge Financial Advisers face in 2021.
Updating IT processes to cope with the new normal way of working was seen as the greatest issue faced in the year ahead by one in five of the Financial Advisers polled.
This video features practicing UK Adviser Lee Gardner adapting to a post COVID-19 retention strategy.
Keith Richards, chief executive of the Personal Finance Society, said: “Financial Advisers have had to adapt to the new normal created by measures to slow the spread of COVID-19 at lightning speed.
“The pace of change shows no sign of slowing down in 2021 and will bring new business risks but also many opportunities to continue to rethink old ways of working, drive greater efficiencies and develop new methods of engaging with clients".
UK Adviser Lee Gardner from Gardner Financial Management using a digital strategy to achieve business growth.
Engage more with clients in less time
Since 2013, Feedsy has been helping time-poor Financial Planning businesses with client retention and referral opportunities. We help Financial Advisors regularly stay in contact with their clients by auto-publishing stories to blog pages, email newsletters, client testimonials, social media feeds and more.
Tony Beaven (BIFC) on how Feedsy helps Financial Planning practices and institutions create a digital client communication strategy
Special offer for COVID-19 and beyond
Receive the first THREE months free!
Feedsy has partnered with international consultancy BIFC to provide this
special COVID-19 relief package.
So you can now start automating your customer engagement for as little as
£0 set-up (normally from £600) and £138pm (but pay nothing for 3 months).
There are no lock-in contracts. Prices include VAT.
Our clients have found that the easiest way to discover how Feedsy can help their business is to book an obligation-free 30-minute Advanced Client Engagement review.
What some of our clients have to say
“Feedsy has been a fantastic, time-efficient automated means to enable us to regularly provide relevant and current content to our clients.”
Pilot Wealth Management
“We can set and forget knowing our clients will receive regular contact from us that is personalised and relevant.”
“Feedsy is automatic and looks great. Anything that saves me time is a bonus. Client feedback has also been positive. A great service.”