Episode 5 - The Advice Landscape
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Episode 5 - The Advice Landscape
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Chris Pitt, Helen Clark, Chris Baigent-Reed and Paul Miles discuss the size and shape of the current Adviser Market, based on Chris Pitt's research paper, published by Jigsaw Tree which can be found https://www.jigsawtree.com/post/the-size-and-structure-of-the-ukfinancial-advice-market-2024
Research found that in 2024 there were around 11,500 firms across the industry including Directly Authorised and Appointed Representatives and around 37,000 Advisers, concluding that the market is larger than statistics reported.
The group discusses the size and current and future state of this market focusing on the potential impact of technology, consolidation and regulatory change. It includes some interesting predictions regarding how we see the market will change over the coming years and one to watch.