Financial Advice Business Benchmarks (FABB) 2026 is based on a survey of 318 UK financial advice professionals conducted in June 2026. In its 8th year, the research explores changes to client service, growth, people, technology, investment, fees and operating models as reported by those who run an advice business or help one run.

Executive summary

Growth ambition remains high. Most firms want more clients, more assets and more people to serve them. But growth is no longer simply addition. Firms are turning off ongoing fees for some clients, moving others to different propositions and repricing the relationships that no longer fit.

Why this research matters

Financial advice firms are growing, but growth is becoming more deliberate. This report benchmarks the choices behind that growth: who firms serve, how they structure capacity, where the work sits across the team, and how technology, service design and cost to serve are changing the model.

Who this research is for

• Business owners and teams in financial advice firms who want to benchmark their business against the wider market, from client mix, staffing and adviser capacity to fees, service models, technology and growth plans.
• Providers, asset managers, technology firms and others working with or alongside the advice market who want to benchmark how the industry is evolving and understand the changes shaping advice businesses.

Methodology

The results in this report are based on a survey of 318 financial advice professionals, conducted in June 2026. Results have been weighted by size of firm by number of advisers to be representative of the whole market.

Authors

Julie Best, Insight Director & Alex Johnson, Head of Data.

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Want to download the full report? Please complete the form on your right.

Have any questions? Get in touch at enquiries@nextwealth.co.uk.

Suggested citation

NextWealth 2026, Financial Advice Business Benchmarks Report 2026.

FAQ

What is the Financial Advice Business Benchmarks (FABB) 2026 report?

The Financial Advice Business Benchmarks (FABB) 2026 report is NextWealth’s annual research into the UK financial advice market. Now in its eighth year, the report benchmarks changes in client service, business growth, people, technology, investment, fees and operating models.

Who took part in the FABB 2026 research?

The FABB 2026 research is based on a survey of 318 UK financial advice professionals conducted in June 2026. The results have been weighted by firm size, based on the number of advisers, to be representative of the wider UK financial advice market.

What does the Financial Advice Business Benchmarks 2026 report cover?

The report examines how financial advice firms are approaching growth and changing their business models. It covers areas including client numbers and assets, adviser capacity, staffing, fees, service propositions, technology, investment and operating models.

Who is the FABB 2026 report for?

The report is designed for business owners and teams in UK financial advice firms who want to benchmark their business against the wider market. It is also relevant to providers, asset managers, technology firms and other organisations working with or alongside the financial advice sector.

How can I access the Financial Advice Business Benchmarks 2026 report?

You can access the full Financial Advice Business Benchmarks 2026 report by completing the download form on this page. If you have questions about the research, contact NextWealth at enquiries@nextwealth.co.uk.