Adviser to client ratio to diverge widely in next five years

The shift reflects business model diversification and staff ratio changes

Sahar Nazir
clock • 1 min read

There is likely to be a widening in the distribution of the 1:94 adviser to client ratio over the next five years, according to NextWealth.

The average ratio is projected to shift to 1:250. The variation is attributed to the size of firms, with smaller firms maintaining lower ratios while larger firms tend to hover around 100 or even higher. This is according to a recent report released by NextWealth, titled Delivering Operational Leverage. The report has drawn on interviews with 18 financial advice professionals and a survey encompassing 244 individuals in the field. NextWealth said the diversification of business models is anticipated to persist, showcasing the industry's "adaptability". Meanwhile, it indicated...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

Rosemount adds MetLife UK to panel

Rosemount adds MetLife UK to panel

Members to access MetLife's protection products

Jaskeet Briah
clock 16 April 2025 • 2 min read
Reassured invests in behavioural science

Reassured invests in behavioural science

Project with Unconventional Wisdom

Cameron Roberts
clock 15 April 2025 • 1 min read
Rosemount launches adviser portal

Rosemount launches adviser portal

Centralised educational hub

Jaskeet Briah
clock 11 April 2025 • 2 min read