UAE financial adviser reputation on the rise
‘Greater transparency and tighter regulations’ highlighted as reasons for improved public opinion
‘Greater transparency and tighter regulations’ highlighted as reasons for improved public opinion
While advisers in the region turn to DFMs to streamline investment offering
Industry needs to end ‘cold calling’ and eradicate ‘unregulated firms’ to improve public opinion
As 66% see expat exodus as a challenge in the next 12 months
‘Cold calling needs to stop’ for their image to improve
‘Advice firms could do a lot more if they focus on digital campaigns and PR’
But advisers made redundant by covid-19 may need to upskill to attract job offers
It’s a delicate balancing act between offering support and advice without appearing opportunistic
With one-in-10 chief executives considering their exit strategy
As they aim to reach younger groups in need of financial advice
Head of wealth advice at one firm expects ‘client defections to accelerate’ across the region
Licensed advisers want to see the unregulated firms ‘have their oxygen taken away’