Small but perfectly formed: What's your firm's optimal size?

There are many different types of advisory firm and the optimum size of each will depend on the infrastructure, client base, turnover and way in which the firm manages its compliance requirements. Determining which size best suits your business will depend on a variety of internal and external factors. Many advisory firms, like those in other industries, are apt to think, rightly or wrongly, that bigger is better. But how far is this true for firms in financial services? Small firms Wales-based Hedley Asset Management grew the number of its registered individuals (RIs) from five to ...