Almost half of UK households with a net worth of over £500,000 fail to use a Financial Planner or adviser to manage their money, according to new research.

Nearly nine out of 10 financial advisers (86%) expect client numbers to grow over the next 12 months, according to a major adviser survey published today.

The soon-to-be-published VouchedFor’s 2025 Guide to Top Rated Financial Advisers will feature a record 2,633 advisers and 131 firms.

Some 62% of advised clients have never switched financial adviser, according to a major survey by wealth manager St James’s Place.