Male paraplanners twice as likely to want to be an adviser than females - Quilter

‘Time to break the vicious cycle’

Julia Bahr
clock • 3 min read

Three-quarters (77%) of female paraplanners do not want to become financial advisers compared to 38% of male paraplanners, according to research from Quilter Financial Planning.

The research showed that 6% of female paraplanners said they would like to go on to become a financial adviser while 17% said they might. Conversely, 41% of male paraplanners said they would like to become a financial adviser with 21% saying they might. "Paraplanning has previously been viewed as a gateway to becoming a financial adviser but this research shows that it is becoming a profession within its own right," Mark Pittaccio, business consultant and behavioural economist at Quilter Financial Planning, said. "However, while this is positive it is odd that there continues to be such ...

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