'Consolidation is bad for clients and the advice profession' - IFA roundtable

'There is a lot of short-termism'

clock • 3 min read
"Consolidation is bad for clients and the advice profession" - IFA roundtable

"Consolidation is bad for clients and the advice profession" - IFA roundtable

The recent wave of consolidation has not been beneficial to the financial planning profession, said members of a roundtable discussion on the advisory market.

Hosted by discretionary fund manager, Albemarle Street Partners, the roundtable event featured a number of financial advice business owners. "The consolidators only care about what your AUM [assets...

To continue reading this article...

Join Professional Adviser


  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on People

Simon Culhane said his 18 years at the helm of the CISI had gone by "in a flash".

CISI chief executive Simon Culhane to exit after 18 years

Made 'significant contribution'

Jenna Brown
clock 19 January 2022 • 1 min read
Hayley Burton.

Kingswood hires from Santander Wealth for head of wealth planning role

Joins from Santander Wealth

clock 19 January 2022 • 1 min read
David Ferguson: "I'm both grateful and motivated to join such a respected, disruptive and progressive company, and to build on the strong foundations that the team has already laid."

David Ferguson to join 'disruptive' Seccl as chief executive

From 4 April

Jenna Brown
clock 18 January 2022 • 3 min read