Rise in interest in financial advice careers

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.”

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