IFA business health tool launched

clock •

Determining profit and revenue per client and per adviser are just some of the functions available to firm owners via a tool launched this week.

FP Advance says its Business Fitness Report enables firms to benchmark their "business health" against that of their competitors. According to the transition planner, owners, or principals, will be able to see what good performance "looks like", which areas are holding the firm back and where the business is likely to generate the most improvement. "Understanding the drivers of a business takes years of hard work and experience," FP Advance chief executive Brett Davidson says. "But with this tool all you need is an internet connection. "It will provide information and ideas to help yo...

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 Technology

When compliance becomes abundant

When compliance becomes abundant

If you create the record, bank the benefit

Matt Lynch
clock 30 September 2026 • 6 min read
Compliant by design: Why assurance transcends compliance...

Compliant by design: Why assurance transcends compliance...

... and belongs embedded within the advice process

Brian Wagner
clock 29 September 2026 • 4 min read
Forget calendar-bound catch ups - AI has turned advice into an ongoing conversation

Forget calendar-bound catch ups - AI has turned advice into an ongoing conversation

'AI means good conversations with clients no longer wait for a scheduled moment to happen'

Alan Crook
clock 28 September 2026 • 3 min read