This morning two regular twitterers from the financial adviser community discussed the merits - or otherwise - of basing an advisory business on the St James's Place model.
Threesixty managing director Phil Young posed the following question on Twitter this morning: "With platform tax wrappers, a centralised investment process, won't we all just be SJP without the cheese in future? Discuss." @IFABlogger, better known as Richard Bishop from Premier Practice Limited didn't think this was such a bad thing: "You mean we should try and be like #1? Knocking SJP is like saying BMW make OK cars!" @Philyoung360 replied: "I mean that the traditional reasons for knocking them seem to be less talked about." IFABlogger said: "All new model advisers...
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