Advisors Remain Stressed but Professionally Satisfied, Second Annual FlexShares Advisor Wellness Survey Finds - Seite 2

The survey also found differences among advisors based on the level of services offered to clients. Advisors who described their role more holistically in terms of “wealth management” or “financial planning,” were 31 percent more stressed than those who described their role solely in terms of “investment management.”

“As advisors shift towards managing an increasing portion of their clients’ financial lives through comprehensive wealth planning, our results show this may lead to greater levels of stress,” said David Partain, Head of Marketing at FlexShares. “By working with external partners that prioritize their success and well-being, advisors can better manage these changes and lead more fulfilling, satisfied lives.”

Gaining Peace of Mind

In addition to identifying the sources of their stress, advisors were asked to detail how they’re managing this stress. Confirming last year’s survey findings, FlexShares again found that advisors who change their work habits, such as time management, delegation, and enhancing client relationships, are more likely to reduce stress than those who rely on methods outside of work, like meditation, exercise, or leisure activities. Those who used outside of work strategies were 19 percent more stressed than advisors who implemented on-the-job changes. This shows that the best way for advisors to handle the stresses of the job is to tackle them head on.

About the FlexShares Advisor Wellness Survey

This is the second iteration of an annual survey by Northern Trust’s FlexShares on financial advisor wellness. The survey was conducted in October and November 2018 and a total of 632 advisors participated. This survey aims to provide insight into work-related stress for advisors and the strategies they use to manage this stress, with the intent to measure trends over time. To view more results, visit https://go.flexshares.com/wellness.

About FlexShares

FlexShares Exchange Traded Funds are designed to pursue specific investment goals across both passive and active strategies. FlexShares offers differentiated ETF strategies that improve and simplify the investment decision process for the long-term investor. Follow us on Twitter @FlexSharesETFs.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2018, Northern Trust had assets under custody/administration of US$10.1 trillion, and assets under management of US$1.1 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.