Consolidation of the IFA sector could fail to produce the hoped-for benefits unless action is taken ...
Consolidation of the IFA sector could fail to produce the hoped-for benefits unless action is taken to improve acquisition and merger processes warns Broker Exchange today. The warning, coming just after stockbroker Durlacher said most IFAs will cease to be independent in the next three years, adds futher tension to the changes being wrought by new regulations. Broker Exchange (BE) says M&A activity will not succeed unless senior executives put in far more time and work into the "people side" of the new organisations being created. "The success of the venture will depen...
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