The longevity of our sector
We asked for how long you intended to remain advising, and if you had a succession plan in place:
How long do you think you will continue advising?
58 %
of firms have a succession plan
For a number of years to come Exit 3-5 Exit 1-3 years Exit within a year
80 %
of those with a succession plan intend to pass to family, or member of the firm, or to sell to another firm( only 6 % would sell to a consolidator)
The future of our profession looks bright. Advisers remain overwhelmingly positive and 70 % envisage advising for many years to come with only 3 % planning to exit this year.
70 % of |
of advisers intend to continue advising for a number of years |
62 % succession |
advisers have a plan |
8 | The Adviser |
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