We’ve all questioned at one point whether we’re in the right company to reach our full potential, asking ‘Is this the best organisation for me to achieve my career goals?’, ‘Do the company’s values align with my own?’, ‘Am I receiving the right support and training to be as successful as possible?’.

If you’ve been questioning whether your company is best suited to your needs and the below sound familiar, it may be time to consider moving to another firm.


  1. Work-Life Balance

You may have started your career with your firm placing the same importance on work-life balance and benefits as you, but during your time there, perhaps this has changed. They should be flexible to your needs changing over time. If they aren’t and you feel you can no longer commit the necessary time to your work or you have less time to spend with your family, you should consider finding a firm that will.

  1. Work-Related Stress

Perhaps you are constantly anxious, stressed or unhappy at work. This not only affects your productivity but can have a negative impact on your health, both physically and mentally – if you feel like this, it’s time to leave.

  1. Lack of Training and Support

In any career, progression and job satisfaction go hand-in-hand, and with redundancies due to RDR and robo-advice, it’s even more critical to get ahead of industry competitors. However, if your current firm doesn’t have any processes in place to train you or provide you with opportunities for your professional development, it’s undoubtedly time to start looking for a firm that does.

  1. Overbearing Compliance Processes

As a financial adviser, you need to stay up-to-date with FCA guidelines, regulatory news and requirements regarding the products and services offered to clients. If you’re in a firm that doesn’t help you navigate these compliance responsibilities effectively, now is the time to find one that provides greater compliance support without being overbearing.

Alternatively, some firms’ compliance departments have too much oversight, providing excessive audits on marketing and client acquisition materials. This often leads to a decline in sales, ultimately forcing many financial advisers to find a different firm whose compliance process is less restricting.

  1. Outdated Technology

As technology advances, it is increasingly becoming a key feature in a client’s engagement with their finances. Despite this, there are still many financial services firms that are slow to adapt and embrace technology. If you are an adviser who believes that technology-based platforms are vital for client acquisition and support, now is the time to join a firm that shares the same values.

If you’ve recognised it’s time to leave your current firm, the next step is to determine what you are looking for with regards to a firm’s philosophy and values, opportunities for career progression, benefits and salary.

True Potential provides award-winning back office support, training and world-first investment technology to close to 20% of UK financial advisers, aiming to revolutionise the way wealth management is delivered to clients.

If you’re new to True Potential and want to find out more about our market-leading proposition, you can attend one of our Head Office Insight Days.

< Back to Blog