Independent financial advisers’ image has improved among UAE residents, a new survey suggests.
The annual Worst Reputation in the UAE survey by Insight Discovery found influencers took the top spot for the most distrusted profession, while bank-based advisers and independent financial advisers improved their positions from 2024.
Financial advisers fromBanks reduced from 12% of people finding them the least trustworthy profession to 5%, while independent financial advisers reduced from 7% to 5%.
“Bank financial advisers face scepticism, ranking among the least reputable for Emiratis (9%) and Abu Dhabi residents (8%), while independent financial advisers fare little better among Westerners (11%) and high-income earners (9%).”
