Why 30 to 39 Is the Best Age to Become a Financial Adviser 

Is 30 too old to start a career in financial planning?

A lot of people would say yes. The reality is the opposite.

The 30 to 39 age group is the fastest growing cohort entering financial planning right now, up 13% according to fresh FCA data. And the average age of a financial adviser in the UK isn’t 56, like most people assume. It’s 48.

In this episode, Sam sits down with John Somerville, Director of Financial Services at the London Institute of Banking and Finance (LIBF), and David Tait, Founder and Managing Director of Redmill Advance, to dig into why this is the perfect window to start, what the LIBF Level 4 qualification actually involves, and what firms need to do right now to attract the next generation.

They also go deep on the qualification itself. How it works, how it differs from the CII and CISI, why exams can be taken at home with no booking required, and why the case study approach is changing how advisers learn and qualify.

If you’re between 30 and 39 and considering a switch into financial planning, studying for your Level 4, or trying to bring younger talent into your firm, this is the episode for you.

What we cover in this episode:

• Why the 30 to 39 age group is the fastest growing cohort entering financial planning, up 13%
• Why the average age of a financial adviser is 48, not 56, and what the FCA data actually shows
• Why fewer than 150 practicing IFAs in the UK are under the age of 25
• How the LIBF Level 4 qualification works and how it differs from the CII and CISI
• Why LIBF exams are split into two parts and can be retaken without sitting the whole paper again
• How the six-week case study replaces the traditional written exam
• What the new LIBF Chartered Member status means and who it is for
• Why not starting an academy is a missed opportunity for financial planning firms
• What AI means for the future of financial advice and why relationship management is the answer

Financial Planner Life is sponsored by Redmill Advance

Whether you're starting out, already qualified, or building a training academy, Redmill Advance delivers expert-led learning, exam support and CPD from Level 4 to Chartered.

✅ Trusted by top UK firms

👉 www.redmilladvance.com/fpl

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