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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: Quilter pledges £3m towards financial education

Feel Good Friday: Quilter pledges £3m towards financial education

Alongside £1m in grants supporting charities

Professional Adviser
clock 13 February 2026 • 1 min read
Brits unlikely to see IFAs despite Budget impact

Brits unlikely to see IFAs despite Budget impact

Just 19% were likely to seek advice, Continuum finds

Isabel Baxter
clock 12 February 2026 • 3 min read
Treasury consults on AR regime adding further FCA and FOS permissions

Treasury consults on AR regime adding further FCA and FOS permissions

Amid concerns about consumer harm and weaknesses in oversight

Isabel Baxter
clock 12 February 2026 • 3 min read