Jason Butler: boutique firms will 'mop up' UK advisory market

I have just come back from a Global Conference in America attended by 70 excellent firms from all the English-speaking jurisdictions. I was sitting with several US-based financial planners that had $3bn or $4bn in funds under management. There are differences between the UK and the US, of course, but I think the next five years offer a massive opportunity for the best UK firms to learn from their American cousins and grow to equivelant sizes. While most UK companies have been retooling, discussing fees, active versus passive investment and other areas of basic hygiene over the last...