Official: Adviser numbers continue to replenish since RDR

The number of those recorded as 'financial advisers' by the regulator, which excludes those working in banks or building societies, stockbrokers or discretionary investment managers, was 21,881 on 10 January this year. This is up almost 1% on the 21,684 recorded at the end of July last year, and 7% on the 20,453 listed at the time of the introduction of RDR on 31 December 2012. However, financial adviser numbers are still markedly down - by 8% - on the 23,787 estimate provided by RS Consulting in the summer of 2012. The total number of advisers, including those working in banks or ...