The professional body with 40,000 members said the poll also showed 15% of respondents to its poll would not recommend the profession.

The PFS conducted a Twitter poll in February of the membership with 116 members taking part.

It showed that 85% would advise family and friends to become a financial adviser while 15% would not recommend it as a career.

Keith Richards, chief executive of the Personal Finance Society, said: “At the time of the Retail Distribution Review many advisers feared the potential impact and wanted to exit the sector but seven years on and the financial advice profession is increasingly a career of first choice.

“At our last graduation ceremony more than 30% were women with many of the graduates having chosen the personal finance profession as their first career of choice.

“I am not surprised that eight out of 10 financial advisers would recommend the profession to friends and family. Financial advice is a rewarding career that allows individuals to make a positive difference to people’s lives by helping them recognise and achieve their goals in life.

“I am sure one of the main things putting 15 per cent of financial advisers off recommending the profession is the uncertainty of regulatory change, rising costs of levies and professional indemnity insurance premiums. The Personal Finance Society is committed to engage in driving a more stable and sustainable future and will continue our pursuit on behalf of the profession and the public we serve.”

Filip Slipaczek, senior partner of Barnet-based Slipaczek Chartered Financial Planners, has two sons – Alex and Max - who have joined his business.

He told the PFS: “The financial services sector has been tarnished historically by sales targets and mis-selling. By bringing one’s children into the business they have already been instilled with a family-oriented moral compass. Children should not be pressurised but perhaps cajoled into joining if they have an interest and show promise.”