Openwork and Tenet have taken on over 200 former Honister advisers over the last three weeks.
Following Honister entering administration, around 900 advisers were left unable to give authorised advice.
Openwork says it has taken on 45 ex-Honister advisers and is expecting more to join over the coming weeks.
Openwork proposition and marketing director Philip Martin says the firm has turned down 15 due to concerns over meeting RDR qualification deadlines or other quality issues.
He says: “Our recruitment policy is about quality not quantity and the fact we have rejected one application for every three we have accepted reinforces that.”
Tenet says it has around 170 advisers going through the induction process.
Distribution and development director Keith Richards says: “We have 170 advisers going through the process of induction at the moment and are looking to get these guys up and running as soon as possible.”
Positive Solutions says up to 100 former Honister advisers could join the firm.
A PosSol spokesman says: “Discussions are ongoing with around 100 advisers who had initially expressed an interest in signing up to Positive Solutions and the recruitment and re-registration process is under way for some of those.”
SimplyBiz joint managing director Matt Timmins says: “We have had over 100 enquiries and close to 80 individual meetings booked. Over 50 per cent of these firms are looking for a short term solution under an appointed representative or registered individual model before moving to direct authorisation. Nearly all of the firms are looking to go direct over the medium to long term.”
An Intrinsic spokesman says it has had 50 applications from ex-Honisoter advisers while Sense network says it will take on a maximum of 65.
Lighthouse and Sesame refused to disclose how many former Honister advisers they were looking to take on.
nhance Independent Financial Advisers director Peter Flowers says: “I think the guys who are looking to become appointed representatives will obviously be able to get authorised reasonably quickly. The advisers who want to go directly authorised will find themselves with a longer wait.