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 ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Tessa Lee: The invisible cost of poor client data

Tessa Lee: The invisible cost of poor client data

How can you improve data quality?

Tessa Lee
clock 23 July 2026 • 4 min read
Dean Proctor: Hopes and fears for the new PM and cabinet

Dean Proctor: Hopes and fears for the new PM and cabinet

Stability, simplicity and the chance to do things differently

Dean Proctor
clock 23 July 2026 • 5 min read
Should spousal maintenance be abolished? A modern perspective

Should spousal maintenance be abolished? A modern perspective

Making the case for abolition and retention

Amy Walpole and Karen Brennan
clock 22 July 2026 • 4 min read