Lack of collective voice blocks industry progression, adviser warns

Scottish wealth manager Wealthflow recently celebrated its tenth anniversary by becoming a Chartered Institute for Securities & Investment (CISI) accredited financial planning firm.  And while founder Glassey said he saw many opportunities for advisers in wealth planning at present, he also pointed to challenges, the biggest of which was a lack of industry-wide joined-up thinking. He said this prevented advisers from being able to challenge regulation effectively, in particular the high cost of regulation for advice firms.  Glassey said: "There's no better time to be an adviser but...