The adviser acquisition market is booming, according to recent research. Laura Miller takes a closer look at the rush to exit, and those who are happy hunting.
Almost half of independent advisory firm owners plan to sell up within five years - and 10% in the next year alone - according to the latest poll of 230 IFAs by Harrison Spence. This is a sharp rise on even as little as six months ago. Then, in a poll conducted by the same consultancy, just over a quarter were planning to sell within the next five years and 5% within 12 months. The figures tie with the experience of Alan Hudson, chief executive of independent financial planning firm and consolidator AFH Financial. AFH has bought 22 IFA firms since listing on the ICAP Securities & D...
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