From IT to IFA: Is this man mad? Part 2

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Peter Lawrence spent 30 years in IT, but last year launched his own IFA firm. At a time when there is an apparent exodus of advisers, this is a move that goes against the grain.

Last month I talked about my decision to join the financial services profession, and how I took the step to start my own IFA practice, in spite of having less experience than I would like. So what has happened since?  The first thing was to decide how I was going to operate, whether through a network, for example. There are some good options around, so that was an obvious first port of call, but two things put me off. First, I could see that sooner or later I would not fit the standard model, perhaps on how I wanted to charge for my services or perhaps on something else. Second, the n...

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