Hargreaves plans to boost adviser numbers

The 70-strong 'financial practitioner' team provides advice to Hargreaves' direct to consumer (D2C) clients who realise they lack the necessary knowledge to make their own investment choices. Head of advice Danny Cox said the firm planned to increase that number by 12 in the next two years though its graduate scheme. "The demand for high quality, service-focused advice is increasing," he said. "The apprenticeship scheme grows our own financial practitioners and is a core part of our adviser growth strategy." Apprentices are expected to attain Chartered Financial Planner status as w...