Russell Hutchinson Opinion

How big are financial advice businesses?

Monday 18th of April 2022

The small financial advice business is a perception formed from the fact that a large majority of financial advice providers employ just one adviser (for example, over 1100 advice businesses out of 1770 employ just one adviser). It is easy to look at each of those facts separately and assume that they fully describe the world of advice work.

Another view is to look at our averages. It i...

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