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Advice sector ‘thriving’: Practice revenue up more than 5%

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2 February 2024 by Keith Ford, Independent Financial Adviser

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According to early data from the Adviser Ratings Advice Landscape study, the financial advice sector is “thriving”.

The average increase in advice practice revenue is more than 5 per cent, Adviser Ratings said, while 35 per cent of practices have recorded 15 per cent revenue growth.

Adviser Ratings also attributed some of the “narrative of growth and prosperity” to the transformation of professional indemnity (PI) insurance.


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