Want to create an interactive transcript for this episode?
Podcast: FTAdviser Podcast
Episode: Is the profession in trouble as young adviser numbers fall?
Description: A recent Freedom of Information request by FT Adviser revealed the number of firms authorised to provide retail investment advice has fallen from 6,240 in August 2022 to 5,805 as at February 2024.Taking a closer look at the adviser numbers, FT Adviser found the number of young advisers has diminished in the past 18 months while the number of older advisers has grown. So what does this mean for the advice profession?FT Adviser news editor Amy Austin is joined by Keith Richards, CEO of the Consumer Duty Alliance and Mark Ormston, director of propositions and corporate partnerships at...