Clients' wealth soars as advisers struggle with capacity issues

Values available to invest on the rise

An increase in demand for financial advisers has meant some are suffering with capacity issues and spending less than a fifth of their time with clients, a survey by Nucleus has found.

Average client numbers have risen by 21% in the last year to 149, with one in five advisers expecting significant growth to continue throughout 2018, according to Nucleus. The increase in demand has meant capacity issues are hitting home for some. Two-fifths (40%) of the platform's users said they spent less than 20% of their time with clients, while it was found that clients most valued the contact they had with advisers. The survey also found average values available to invest are also on the rise. More than double the proportion of clients have more than £500,000 to invest, compare...