Next Generation Advisers: Meet Fortify Wealth's Joe Payne and Tom Wood

Business partners Payne and Wood set up Fortify Wealth - an appointed representative of M&G Wealth - over a year ago and have built a book of clients organically. Now, they are keen to make sure financial advice is a place for the next generation. "The advice market is aging — over a third of planners in the UK are between 50 and 59," Payne noted. "Fewer than 25% of financial planners are under 40." "In London, there's a growing pool of younger clients who could and should be working with a financial planner." A shortage of advisers and a surge in demand led to the pair seeing a...