Adviser earnings jump by a third to average over £80k

Laura Miller
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Financial advisers on average earned £80,000 in 2014 according to data from a consultancy firm, a 28% jump on the year before, with salaries rising to attract the best talent.

"2014 proved to be a strong and robust year for advisory firms as confidence returned, alongside an optimism to capitalise on opportunities created by stronger economic growth, stock and housing markets" said James Walker, director at BWD, which carried out the research. Firms are now ‘upping their game' on the recruitment front and increasing basic salaries in order to attract the real talent, he said. But Walker added that a lack of new blood into the industry is prompting serious questions about its future and attractiveness for young advisers. The number of financial advisers i...

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