IFAs eye joint ventures as nationals and networks shunned

Despite suggestions a large chunk of the IFA community will seek the regulatory and capital shelter of larger, centralised organisations, not a single member of our  Professional Adviser panel declared it their intention in the coming years. According to the survey, the vast majority of firms intend to expand organically while a fifth see themselves as part of a joint venture with one or more IFAs by 2013. The results contradict the views expressed by some nationals and networks, who say recruitment remains healthy and argue it may be the FSA’s intention to reduce the number of direct...