Professional Adviser: Number of smaller advice firms continues to shrink

The number of firms with over 50 advisers rose 17% from 35 firms in 2020, as consolidation within the financial advice market continues to narrow the number of smaller firms according to the FCA’s latest Retail Mediation Activities return data.

Continuum was one of just 41 financial advice firms with over 50 advisers in 2021.

Professional Adviser spoke to Continuum’s Managing Partner, Martin Brown, about the latest RMAR data and what it means for the advice market.

You can read the article online here. https://www.professionaladviser.com/news/4054698/advice-firms-continues-shrink-analysis

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