Financial advisers looking to retire and exit the market seemed to have an abundance of choice as to who they sell to but in recent months this has taken a turn.

Speaking on the latest FTAdviser podcast, Paul Morrish, founder of Succession Wealth, said the landscape for sellers has changed.

Meanwhile, Louise Jeffreys, managing director at Gunner and Co, who was also on the podcast, said she has seen changes depending on the segment or the type of business on sale.

Listen to the podcast at FT Adviser.