The consolidator that won't touch 90% of advice firms

Why this consolidator won't touch 90% of advice firms...

Laura Miller
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Attivo chief executive Stephen Harper is clear about the client banks he wants to buy to absorb into his consolidator business, and most don't cut it...

Harper (pictured) is averaging one client bank purchase a month so far this year, putting the business on track for its target of 12 by Christmas. Despite not taking on the adviser when he completes a deal, he is particular about their habits and business model, saying his criteria narrows his potential acquisition field "down to 10% of the advice industry". Professional Adviser asked him to distil what makes a business attractive to him. "I think about what I would tell a potential client what they should look for in an adviser," said Harper. For him, that would be that...

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