Advisors view themselves as successful, but still want support

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A large percentage of financial advisors view themselves as successful, suggesting a high level of confidence within the sector overall. However, a recent study by The American College of Financial Services found notable differences in how male and female advisors view success and address challenges they encounter in building and maintaining their business.

The findings are part of the Advisors’ Perceptions of Success Survey, which explores the traits and characteristics of successful financial advisors, including the challenges they face and strengths that lead to success, to better understand the current state of advisor performance. More than 800 advisors across the United States responded to the survey, with 70% grading themselves as successful in their careers.