ValidPath CEO on redefining independence in financial advice

‘True independence means being free from any ties’

Isabel Baxter
clock • 3 min read

IFA support network ValidPath aims to redefine what it means to be independent in the financial advice industry, its CEO Angus MacNee tells Professional Adviser.

For ValidPath, independence is not just about offering advice, but about creating a service model that allows advisers to serve clients in an "authentic and unbiased way, all while staying competitive and reducing costs over time," MacNee told PA. MacNee said that independence is an "inherent quality" that defines an adviser's business model. "There's a growing trend in the industry where firms say they're independent, but when you dig deeper, they are tied to certain platforms, products, or financial structures that don't align with true independence," the CEO said. For MacNee, fi...

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