How to build an IFA business from scratch


clock • 8 min read

Had enough of your network and thinking of going it alone? Three business consultants offer their tips on setting up an advisory business...

In the run up to RDR, there is a growing trend toward advisers looking to change career, leave the industry or retire early. There are, however, still plenty of advisers wanting to stay in the trade. Nevertheless, the new regulatory landscape is forcing many to re-evaluate their situations. One option for advisers is to branch out from their network or national and go it alone or exit their existing firm and set up their own business. The reality is the demand for independent advice is still high and is only set to grow. With people in the UK living longer and the number of elderly on...

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