Information on retail investment advice firms - April 2021

I am seeking information on the number of financial advice firms established each year.

Please provide:

• The total number of regulated firms providing retail investment advice that were granted FCA authorisation in the calendar years, 2020, 2019 and 2018. If 2020 figures are not available please provide figures for2017 instead.
• Please also provide a breakdown of that figure for firms with: 1 adviser, 2-5 advisers, 6-50 advisers, over 50 advisers. Again for each of those three calendar years.

I am defining financial advice firms as the FCA does in its retail intermediary report, which is based on the Retail Mediation Activities Return https://www.fca.org.uk/data/retail-intermediary-market-2019

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