Editor's view: Financial planner earnings soar – but there's a catch

The editor's Friday Night Takeaway from 6 December

Jen Frost
clock • 2 min read

It’s boom time for financial planner earnings, which have risen yet again.

As per a recent Paul Harper Search report, more than half of financial planners are now earning more than £110,000 annually. That's not a sum to be sniffed at and should be a big carrot for many would-be advice entrants, with newly qualified adviser earnings averaging £61,540.  And yet, adviser numbers continue to fall. That's according to both Paul Harper Search and Financial Conduct Authority figures. Fears of an advice worker exodus may be seen by some as overstated (as one speaker at a recent PA roadshow noted, the industry average age has hovered around the mid-to-late-50s ...

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

Jen Frost
Author spotlight

Jen Frost

Editor at Professional Adviser

More on Your profession

CII: Vulnerable client management is 'an opportunity for growth'

CII: Vulnerable client management is 'an opportunity for growth'

Firms can expand potential client bases

Isabel Baxter
clock 07 April 2026 • 2 min read
Common language used by advisers triggers anxiety and distrust among retirees

Common language used by advisers triggers anxiety and distrust among retirees

Product-led communication one of the biggest drivers of mistrust

Laura Purkess
clock 01 April 2026 • 1 min read
Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read