Tom Hegarty: New apprenticeships - is this the game-changer?

Next generation of advisers

clock • 6 min read

It has been both widely reported over recent years - and obvious to those within the industry - that there are more financial advisers leaving the profession than new people joining, writes Tom Hegarty.

There are a number of factors that may have contributed to this trend, but we are where we are and the direction we have been heading in has not indicated much of a change. Apart from the average age profile of advisers, there are a number of other reasons cited by those leaving the industry. Of course, we should try to reduce the numbers leaving where possible but, more importantly, we need to focus on from where the next generation will come - and how we develop them into financial advisers. Dwindling numbers have been an industry issue for a number of years and, while there have be...

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

PA Asks: Most industry professionals 'somewhat confident' in their cybersecurity

PA Asks: Most industry professionals 'somewhat confident' in their cybersecurity

'Attacks are becoming ever more sophisticated’

Sahar Nazir
clock 28 October 2025 • 2 min read
Paper communications 'no longer acceptable' as HNW clients demand apps

Paper communications 'no longer acceptable' as HNW clients demand apps

Moneyinfo: Mobile engagement higher than desktop usage

Sahar Nazir
clock 28 October 2025 • 2 min read
Who gets the dog? Helping divorcing clients navigate pet custody

Who gets the dog? Helping divorcing clients navigate pet custody

Pet nuptial agreements explained

Victoria Emens and Vanessa Gardiner
clock 28 October 2025 • 5 min read