What good is high demand for paraplanners when the supply is so apparently lacking? Kim Bendall live-tests one solution...
At the time of writing there are just over 30,000 regulated advisers in the UK. In comparison, it is estimated that there are around 2,000 paraplanners in the industry, though this figure depends on how you define a paraplanner, so the figure could be lower. When you consider these statistics, it is pretty clear (particularly to anyone that's either tried to hire a paraplanner or tried to engage with an outsourced paraplanner recently) that there is a significant shortfall in supply when compared to the apparent demand. One of the major issues we face in the paraplanning world is t...
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