Many lucrative deals have simply fallen over with advisers often not having an alternative to offer.
Losing a deal is bad enough but without completions, advisers don’t get paid. Against this backdrop, advisers must give equal weight to prioritising their own mental and financial health.
Burnout in this field is a clear and present danger, and acknowledging the need for self-care is not a sign of weakness but a testament to resilience, foresight, and professionalism.
To truly make a difference, advisers must embrace a dual commitment: understanding the intricacies of their clients' lives while nurturing their own wellbeing.
The link between debt, money, and mental health is undeniable, and only by recognising this nexus can advisers provide the kind of transformative support that goes beyond financial guidance.
We can have a profound and positive impact on the mental health of our clients.
By fostering a culture of empathy, understanding, and self-care within the industry we can collectively contribute to a healthier, more compassionate financial landscape, one that recognises the human element within every transaction and values the delicate balance between financial prudence and mental wellbeing.
Patricia McGirr is chief marketing officer at Finanze Group
