total value of financial advisory charges in the country increased steadily since 2016.
The total number of financial advisors in the United Kingdom decreased overall from 5,746 firms in 2016 to 5,014 in 2022. This was mainly due to the decrease in restricted advisors. Independent advisory firms are companies that give personal recommendations based on a comprehensive and fair (unbiased) analysis of the relevant market. Independent firms made up the majority of financial advisors during the years displayed. As opposed to the number of firms, the Number of financial advisers in the United Kingdom (UK) from 2016 to 2022
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Other statistics that may interest you Financial sector employment in the United Kingdom (UK)
Financial sector employment in the UK
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- Basic Statistic UK financial services sector employment 2001-2021
- Basic Statistic Number of enterprises in the financial services sector in the UK 2022, by employment
- Premium Statistic UK financial sector: professional services employment in the UK 2007-H1 2015
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Specialist professions information
8
- Premium Statistic Numbers of brokers in the United Kingdom (UK) 2001-2018
- Premium Statistic Total numbers of finance analysts & adviser in the United Kingdom (UK) 2001-2018
- Premium Statistic Numbers of financial estimators, valuers & assessors in the UK 2001-2018
- Premium Statistic Total numbers of taxation experts in the United Kingdom (UK) 2001-2018
- Premium Statistic Numbers of financial accounts managers in the United Kingdom (UK) 2011-2018
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London: financial sector employment
8
- Premium Statistic New jobs on the City of London (UK) financial services market in Q1 2017-Q3 2020
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- Basic Statistic UK financial sector: banking sector employment in London 2007-2015
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- Basic Statistic UK financial sector: professional services employment in London 2007-2015
- Premium Statistic UK financial sector: legal services employment in London 2007-H1 2015
Region, sector and contract type data breakdown
2
Further related statistics
16
- Value of financial advisory charges in the United Kingdom (UK) 2016-2022
- Revenue of financial advisory firms in the UK 2018-2019
- Share of investors consulting investment advisors worldwide in 2014, by region
- Level of trust in online financial advisors in China 2018
- Investment advice sources in the United States, by generation, 2013
- Asset level at which U.S. Millennials would work with a financial professional 2014
- Number of digital advisory companies launched in the U.S. 2008-2015
- Investor relationship with private banker or wealth manager in the UK 2013
- Reasons for interest in digital advice in the U.S. 2015
- Private bank or wealth manager service improvement according to investors in UK 2013
- Share of investable wealth managed by wealth advisor in 2014, by relationship time
- Factors considered when choosing an investment advisor U.S. 2014, by affluence level
- Assets of affluent investors in the U.S. 2014, by affluence and control type
- Provision of investment services to investors in the United Kingdom (UK) 2013
- Quality of service provided by financial advisor worldwide 2018, by type
- Youth employment-to-population ratio in Africa 2012-2021
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Statistics
- Value of financial advisory charges in the United Kingdom (UK) 2016-2022
- Revenue of financial advisory firms in the UK 2018-2019
- Share of investors consulting investment advisors worldwide in 2014, by region
- Level of trust in online financial advisors in China 2018
- Investment advice sources in the United States, by generation, 2013
- Asset level at which U.S. Millennials would work with a financial professional 2014
- Number of digital advisory companies launched in the U.S. 2008-2015
- Investor relationship with private banker or wealth manager in the UK 2013
- Reasons for interest in digital advice in the U.S. 2015
- Private bank or wealth manager service improvement according to investors in UK 2013
- Share of investable wealth managed by wealth advisor in 2014, by relationship time
- Factors considered when choosing an investment advisor U.S. 2014, by affluence level
- Assets of affluent investors in the U.S. 2014, by affluence and control type
- Provision of investment services to investors in the United Kingdom (UK) 2013
- Quality of service provided by financial advisor worldwide 2018, by type
- Youth employment-to-population ratio in Africa 2012-2021
Financial Conduct Authority. (March 8, 2023). Number of financial advisers in the United Kingdom (UK) from 2016 to 2022 [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/317905/number-of-financial-advisers-in-the-united-kingdom-uk/
Financial Conduct Authority. "Number of financial advisers in the United Kingdom (UK) from 2016 to 2022." Chart. March 8, 2023. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/317905/number-of-financial-advisers-in-the-united-kingdom-uk/
Financial Conduct Authority. (2023). Number of financial advisers in the United Kingdom (UK) from 2016 to 2022. Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/317905/number-of-financial-advisers-in-the-united-kingdom-uk/
Financial Conduct Authority. "Number of Financial Advisers in The United Kingdom (Uk) from 2016 to 2022." Statista, Statista Inc., 8 Mar 2023, https://www.statista.com/statistics/317905/number-of-financial-advisers-in-the-united-kingdom-uk/
Financial Conduct Authority, Number of financial advisers in the United Kingdom (UK) from 2016 to 2022 Statista, https://www.statista.com/statistics/317905/number-of-financial-advisers-in-the-united-kingdom-uk/ (last visited May 09, 2024)
Number of financial advisers in the United Kingdom (UK) from 2016 to 2022 [Graph], Financial Conduct Authority, March 8, 2023. [Online]. Available: https://www.statista.com/statistics/317905/number-of-financial-advisers-in-the-united-kingdom-uk/