Reference Case Number: FOI10063
Freedom of Information: Right to know request:
The number of financial advisers operating in the retail intermediary market since 1980 and how this number has changed each year.
FCA response:
We can provide the requested information in Table 1 below. Please note that we do not hold relevant data for the period preceding 2010.
Table 1. Number of individual financial advisers, advising on retail investments by year.
| Year | Number of Advisers |
|---|---|
| 2010 | 49,599 |
| 2011 | 44,525 |
| 2012 | 37,651 |
| 2013 | 34,536 |
| 2014 | 34,438 |
| 2015 | 34,438 |
| 2016 | 34,133 |
| 2017 | 34,992 |
| 2018 | 35,867 |
| 2019 | 36,413 |
| 2020 | 36,707 |
| 2021 | 36,644 |
| 2022 | 37,237 |