The society, which promotes high standards throughout the advisory industry in th UK, now has over 34,000 members.
Over half of the new members are under 35 years old, comprising an equal mix of advisers and support or trainee roles within advice firms.
'Particularly encouraging'
Chief executive, Keith Richards, said the increase in advisers mirrors a corresponding increase in the amount of Statements of Professional Standing certificates issued by the Chartered Insurance Institute.
“This is particularly encouraging at a time when there has been an overall reduction in post-Retail Distribution Review (RDR) adviser numbers, exacerbated by the exit from advice by many of the big banks,” he added.
He said a growth in paraplanner and support staff and advisers re-entering the investment market had contributed to the figures.
“Adviser confidence has continued to grow in the post-RDR landscape, and many firms are actively on a recruitment drive to meet the demand for professional financial advice.”
