Network Review: How can Financial Ltd help you?

clock

Financial Limited has a number of points of differentiation. It was the first network to start charging a flat fee per firm dependent on the number of advisers.

Moving away from a percentage share of commission was a bold move at the time but with the move to fee-based services it has proved to be insightful and one that several others have now followed. Another point of differentiation Steve describes as “Treating members as grown-ups”. Steve explains: “Where possible we give advisers choice. We set the boundaries of how they operate but within those boundaries the firms decide how they manage their business end, which IT systems they use”. Perhaps the most impressive differentiation comes in the use of technology to manage the risk of its b...

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

Join

 

Already a Professional Adviser member?

Login

More on Technology

'Excessive conservatism': Wealth fintech risks being left behind

'Excessive conservatism': Wealth fintech risks being left behind

'Nobody gets fired for buying IBM'

Alex Cowan-Sanluis
clock 11 July 2025 • 4 min read
Advisers told AI is 'only as good as the data you feed it'

Advisers told AI is 'only as good as the data you feed it'

Avenir’s MacDonald urges advisers to look at internal processes first

Isabel Baxter
clock 10 July 2025 • 2 min read
AI: Why financial advice is on the brink of a rapid revolution

AI: Why financial advice is on the brink of a rapid revolution

Three practical steps advisers and planners can take now

Rohit Vaish
clock 08 July 2025 • 5 min read