How the Sense network is preparing for RDR

Formed in 2007, Sense is a relatively new network but one that is growing. The accounts, for the year ending June 2011 (unaudited at time of writing), show turnover increasing by 48% to £7.2m and profit was up to £259,000. Sense is part-owned by Threesixty Services and is a modest whole of market IFA network. It is clear its ambitions are not to grow too large, as it is keen to ensure it can provide a personal service to its members, where the directors know each of the principals of the member firms. To date it has 41 firms and 125 advisers as members and it plans to grow this in a c...