Opportunities and Challenges Surveyed

Anil Jethmal pic
Anil Jethmal

A Bowdoin College graduate, Anil Jethmal provides investment services to a number of affluent private individuals. As a private wealth management consultant, Anil Jethmal is responsible for meeting his client’s specific goals by delivering a wide range of financial products and services. The ability to recognize current challenges and opportunities in the investment field is key to achieving these financial targets.

In a survey conducted by Capital Group, more than 400 financial advisors were asked to answer questions about what they consider to be the biggest issues and opportunities facing their companies. When asked about the biggest challenge they’re facing, the number one response, by a huge margin, was client issues, some of whom are anxious about the future and others with unrealistic expectations. The new fiduciary standard rule from the Department of Labor and market volatility were the second and third most common answers, respectively.

When asked about their biggest opportunities, advisors again pointed to clients. They see value in developing business relationships with new clients, including millennials, female investors, and young families. The participants also saw opportunity in the need for financial planning services, allowing them to expand their services and grow their businesses.