“Advisers continue to provide clients with advice that enables them to achieve long-term financial goals in a constantly changing and complex world.”
In 2024, that has meant balancing the competing emotions triggered by strong investment returns and a cost of living crisis. Advisers have encouraged clients to stick to their long-term goals in this environment by providing both practical and emotional guidance that allows them to navigate the highs and lows of wealth generation.
Of course, this counsel encompasses much more than investing. It requires in-depth knowledge of taxation, superannuation and social security, plus the understanding of human behaviour required to support people making life decisions.
Advisers continue to prove up to this challenge. Russell Investments’ annual analysis shows the total value of an adviser in Australia is approximately 5.7% in 2024.
To find out how you can optimise your investment in financial advice, reach out to your advice team today.
