Rise in interest in financial advice careers

Published on

Openwork have found that one in four employees would consider opportunities in the financial advice sector.

Its nationwide study found one in 10 would definitely consider retraining as a financial adviser while another 15% say they would consider a career switch into the advice sector.

17% of men say that they would definitely consider becoming advisers and 18% say they would consider it. Comparatively, just 6% of women would definitely consider becoming advisers and 13% would consider it.

The numbers willing to consider a career change are higher among those aged 25 to 45 – around one in six (16%) of the age group would definitely look at becoming financial advisers while 20% would consider it.

However more would be willing to make the move into financial advice if there was support from providers with training – 20% would look at a career in financial advice depending on training support.

Openwork is expanding its Openwork Academy which helps career changers with experience across a broad range of sectors, including education, the armed forces, manufacturing and hospitality to become financial advisers.

Claire Limon, director of learning and acquisition at Openwork, said: “The growing interest in careers in financial advice is interesting and particularly at a time when demand for advice is increasing.

“It is particularly interesting that it’s people aged 25 to 45 who are most likely to consider changing career to the advice sector. A career in financial advice offers a wide range of opportunities to help people and earn a good living.

“At Openwork we are passionate about attracting a diverse talent pool and particularly women and our Academy welcomes people from all walks of life to pursue a career in financial advice.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Mortgage arrears fall again as possessions edge up in Q1

Mortgage arrears declined across both residential and buy-to-let lending in the first quarter of...

MAB Foundation launches £20k grant initiative

The MAB Foundation has launched a one-off £20,000 follow-on funding initiative to mark its...

New research highlights stress of homebuying journey

NatWest and Rightmove have published data which suggests the emotional reward of finding the...

OMS renews technology agreement with Complete FS

One Mortgage System has renewed its agreement with Complete FS, extending the specialist distributor’s...

Twenty7tec adds more than 90 users to advice CRM in Q1

Twenty7tec has onboarded more than 90 users across 15 firms to its ADVICE CRM...

Latest publication

Other news

Mortgage arrears fall again as possessions edge up in Q1

Mortgage arrears declined across both residential and buy-to-let lending in the first quarter of...

MAB Foundation launches £20k grant initiative

The MAB Foundation has launched a one-off £20,000 follow-on funding initiative to mark its...

New research highlights stress of homebuying journey

NatWest and Rightmove have published data which suggests the emotional reward of finding the...