IFA funding option opens with AngelBourse

Smaller IFA businesses looking for ways to raise additional capital as of today have another alternative in AngelBourse, a newly-created marketplace for unlisted companies. The exchange has been set up to match smaller companies with individuals looking to invest under the FSA's rules for "sophisticated investors", who do not need the same levels of advice or regulatory safeguards as regular retail investors. With an estimated 215,000 sophisticated investors in the UK, AngelBourse will enable IFAs to seek funding to meet the increased business costs likely to come with depolar...