Inside the Latest FCA Register: What’s Changing in the U.K. Adviser Market
The latest FCA Register & Directory data (Winter 2025–26) from ISS Market Intelligence reveals a sector contracting in size but evolving in structure. Firms are consolidating, individuals are shifting roles and moving employers at pace, and new entrants continue to arrive.
AI Adoption Set to Rise Amongst Advisors
RIAs were the most likely of any intermediary channel to report using AI tools at 56%. In addition, 78% of RIAs said their firm did not have written policies on the use of AI, compared to just 35% of regional, independent, and bank advisors.