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

More on Your profession

News editor's view: 40s are the new 50s - a move in the right direction? 

News editor's view: 40s are the new 50s - a move in the right direction? 

The news editor's Friday Night Takeaway from 1 May

Isabel Baxter
clock 01 May 2026 • 3 min read
Feel Good Friday: FOS chooses Dementia UK as charity partner

Feel Good Friday: FOS chooses Dementia UK as charity partner

Will support Dementia UK over the next two years

Professional Adviser
clock 01 May 2026 • 1 min read
Why 50:50 parenting doesn't necessarily mean no child maintenance

Why 50:50 parenting doesn't necessarily mean no child maintenance

'In many cases, one parent will meet a greater share of the children’s financial needs'

Clizia Motterle
clock 01 May 2026 • 4 min read