Bloomsbury Financial Planning partner Jason Butler on why he thinks the best boutique advisory firms will pull away from the rest and mop up the majority of the UK market within five years...
I have just come back from a Global Conference in America attended by 70 excellent firms from all the English-speaking jurisdictions. I was sitting with several US-based financial planners that had $3bn or $4bn in funds under management. There are differences between the UK and the US, of course, but I think the next five years offer a massive opportunity for the best UK firms to learn from their American cousins and grow to equivelant sizes. While most UK companies have been retooling, discussing fees, active versus passive investment and other areas of basic hygiene over the last...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes