July 2024 Survey Report
Resources available for Financial Professional use only. Please validate using the access form, thank you.
Magnificent bulls • Advisors most worried about volatility
InspereX, in partnership with Red Zone Marketing, has recently conducted the eigth iterartion in a series of research studies to learn how financial services businesses are shaping their business operations, portfolios, marketing and communications in 2024.
The 2024 InspereX Pulse Survey was conducted between July 8-15, 2024 by Red Zone Marketing on behalf of InspereX. The 487 financial advisors responding work at independent broker/dealers, RIAs, banks, regional firms and wirehouses. The compiled research revealed opportunities and challenges including:
79% referrals without asking
39% asking for referrals from clients/CIOs
38% networking
50% clients outside local area
49% referrals to clients outside local area
31% business is only local
61% death
14% lack of time to nurture relationship
7% competition
6% performance
73% Job
12% Inheritance
8% Business they own
31% financial planning strategies
26% client relationships
21% use of customized solutions
59% Wholesalers
57% research
40% other financial advisors
Resources available for Financial Professional use only. Please validate using the access form, thank you.
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