Golder says the events of the credit crunch have shown how banks and other high street names can disappear, leaving consumers to question how safe their money is.
He says: “Loss of confidence in institutions is driving people to value IFAs.
“Consumers understand that markets go up and down, but not the kind of changes we have seen.
He adds: “People will become more discriminating about what they do with their finances and IFAs will be the main beneficiaries of that.
“Consumers will be less likely to walk into a high street bank because it has always been there and assume that there is no cause for concern.”