{"id":74647,"date":"2024-11-12T09:17:25","date_gmt":"2024-11-11T23:17:25","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=74647"},"modified":"2024-11-12T09:17:25","modified_gmt":"2024-11-11T23:17:25","slug":"increasing-demand-for-specialist-expertise","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2024\/11\/12\/increasing-demand-for-specialist-expertise\/","title":{"rendered":"Increasing Demand for Specialist Expertise"},"content":{"rendered":"

The growing complexity of financial advice is driving an increasing demand for specialist expertise, according to a new adviser poll.<\/p>\n

The Adviser Sentiment Poll, <\/em>\u00a0conducted by Viridian Advisory<\/a>, surveyed over 50 financial advisers and found that 79% believe it is critical to have access to financial advice specialists in areas such as tax, estate planning, and aged care to provide comprehensive, holistic advice.<\/p>\n

\"\"<\/a>
Brett Arnol<\/figcaption><\/figure>\n

Brett Arnol<\/strong>, Co-Founder and General Manager of Advice at Viridian, says today access to specialists \u201c\u2026isn\u2019t a nice-to-have\u2014it\u2019s an absolute must.\u201d<\/p>\n

He says clients face increasingly complex financial challenges, from tax and estate planning to navigating divorce and aged care.<\/p>\n

\u201cNo single adviser can be an expert in all these areas, which is why having a network of specialists is essential. It\u2019s about making sure clients get the right advice from the right people, tailored to their unique situation…\u201d<\/p>\n

The survey also found:<\/p>\n

    \n
  • 72% of respondents regularly work with other financial advice specialists in tax, aged care, and estate planning<\/li>\n
  • 93% of advisers found that the skill set required for financial advice has become more complex over the past five years<\/li>\n
  • 88% report increased use of SMAs to meet growing client needs as advice becomes more complex<\/li>\n
  • 86% of advisers are seeing heightened client awareness around data security, driven by increasingly strict regulations.<\/li>\n<\/ul>\n

    Viridian adds that its network of specialists covers a range of areas essential to clients\u2019 financial well-being, including investment planning, wealth protection, debt management, and superannuation. Advisers also offer expertise in more niche areas such as aged care advice, UK pension transfers, and SMSF structures.<\/p>\n

    The firm notes its poll found that 86% of advisers are seeing heightened client awareness around data security.<\/p>\n

    Raamy Shahien<\/strong>, Joint CEO at Viridian Financial Group, says that “…with evolving technologies and tighter regulations, data protection has become non-negotiable,\u201d pointing to Viridian’s ISO certification which ensures rigorous standards in data management.<\/p>\n","protected":false},"excerpt":{"rendered":"

    The growing complexity of financial advice is driving an increasing demand for specialist expertise, according to a new adviser poll. The Adviser Sentiment Poll, \u00a0conducted by Viridian Advisory, surveyed over 50 financial advisers and found that 79% believe it is critical to have access to financial advice specialists in areas such as tax, estate planning, […]<\/p>\n","protected":false},"author":24,"featured_media":74652,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,3],"tags":[],"class_list":["post-74647","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dealer-groups","category-general"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/74647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=74647"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/74647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/74652"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=74647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=74647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=74647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}