A total 141 restricted advisers who worked for Quilter Financial Planning have left the business in 2021, as Quilter shifted its focus towards adviser productivity.
This morning Quilter revealed that at the end of December 2020 there were 1,842 restricted advisers at the business, and by the end of June 2021 that number had fallen to 1,701. CEO Paul Feeney said: "We wish to ensure that restricted advisers within our network are fully aligned with our integrated proposition and that those advisers within the network who have remained independent have a pathway towards adopting restricted status where appropriate and within a reasonable timeframe." Where this is not the case, Feeney said, "we have facilitated a number of departures". Feeney said...
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