What lies ahead for the financial advice market?

To coincide with the fifth anniversary of our Managed Portfolio Service (MPS), we have partnered with Discus to assess in more depth the issues affecting the advisory market. We hope you find the following discussion useful as a guide to the key obstacles but also opportunities in the ever-evolving advisory market.

Contact us

Mickey Morrisey profile image
Mickey Morrissey

Partner London +44 (0)20 7131 4693

New horizons for the financial advice market

The issues affecting the advisory market today are more varied than ever before. On the one hand, the industry faces growing demand from a changing client base. On the other, there is the need to respond to regulation and adapt to technology. Within this course of change, there are both challenges and opportunities to be found for those that are nimble enough to seize the day.

Some of the changes that are coming through are structural; others are operational. The advisory market is facing an increasingly sophisticated and demanding client base; it must adapt to meet rising demand from an increasing number of new customers. This poses an operational challenge: the industry needs to work out the best approach to outsourcing, and under what circumstances it is most appropriate.

The industry must also deal with the questions posed by new regulation, both national and international, including new reporting obligations, new codes of conduct, new standards, as well as the ongoing justification of action to the regulators. And as if that wasn’t enough, there is the perennial need to adapt, change and grow and to keep up to date with the ever-expanding capabilities of modern technology.

Insights and opinions

Related content

Managed portfolio service (MPS)

High-quality investment management services offering a choice of risk-graded model portfolios. 

Discretionary fund management (DFM)

Bespoke portfolio management aligned to your clients’ objectives and risk appetites. 

AIM portfolio service

Designed to offer relief from inheritance tax while providing your clients with access to capital. 

The value of investments and the income from them can fall as well as rise and you may not receive back the original amount invested.
Smith & Williamson websites use cookies. Find out about cookies here. By continuing to browse this site you are agreeing to our use of cookies.