Once more unto the breach! Why strong leadership is key to adviser firms

Successful advisory firms do not carry on until regulatory or financial pressures force them to change route – they seek to control their own destiny through strong leadership and efficient execution, according to a report commissioned by Standard Life. The study found that all 'successful' firms it surveyed had different formulas but they all had one feature in common: they had individuals at their helm who understood the market and direction of regulatory change, and had set clear directions and expectations for their business. The study, carried out by NMG Consulting, interviewed a...