Why you might want to grow your own paraplanner

clock

What good is high demand for paraplanners when the supply is so apparently lacking? Kim Bendall live-tests one solution...

At the time of writing there are just over 30,000 regulated advisers in the UK. In comparison, it is estimated that there are around 2,000 paraplanners in the industry, though this figure depends on how you define a paraplanner, so the figure could be lower. When you consider these statistics, it is pretty clear (particularly to anyone that's either tried to hire a paraplanner or tried to engage with an outsourced paraplanner recently) that there is a significant shortfall in supply when compared to the apparent demand. One of the major issues we face in the paraplanning world is t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers missing a 'share of wallet' trick

Advisers missing a 'share of wallet' trick

Aegon and NextWealth research suggests just a quarter track this

Jen Frost
clock 27 August 2025 • 2 min read
What's stopping the advice profession from attracting more young blood?

What's stopping the advice profession from attracting more young blood?

Chief reporter’s view: Calling my fellow Gen Z’s!

Isabel Baxter
clock 27 August 2025 • 4 min read
Why the Great Wealth Transfer could be modest in practice

Why the Great Wealth Transfer could be modest in practice

'The need for a robust advice strategy remains'

Roger Brosch
clock 27 August 2025 • 4 min read