Are financial advisors still in demand?

Question

Zippia Team · Accepted Answer

Yes, financial advisors are still in demand. The job growth for financial advisors is just under five percent. The Bureau of Labor Statistics projects 4.4% employment growth for financial advisors between 2019 and 2029. In that period, an estimated 11,600 jobs should open up.

While this is lower than average job growth, there has been an increased demand for financial advisors, likely translating into an increase in this percentage.

Since the Covid-19 global pandemic, many have increased uncertainty over the financial recovery and have caused many people to worry about meeting certain financial goals such as homeownership and retirement. These concerns are driving increased interest toward financial advisors.