IFA network hunt lax - research

According to research firm Adviser Matrix, just under half of advisers only considered one or two networks before making their move, with the vast majority (82%) running the rule over four or less. Julian Wells, director of Adviser Matrix, says in his experience advisers are very inquisitive ahead of joining a network but adds this is not reflected in firms' due diligence. "It is essential for firms considering joining networks to ensure they give themselves the opportunity to make a balanced and sensible decision," he says. "Our evidence suggests the majority do not. Research showed ...