The Changing Licensee Market

With 3 out of every 5 advisers now part of privately-owned licensees, it’s worth noting the changing make-up of this part of the licensee market. It is no longer appropriate to think of the privately-owned sector as one homogenous group, but rather a family of siblings - each with their own challenges and some going through their own existential crisis. Here we take a more detailed look at the different sections of the licensee market and examine the breakdown of the privately-owned licensee sector according to number of advisers. The last five years throw up some interesting figures about where we’ve come from and where we might be heading in terms of licensees in the future.