Crucial that advisory firms 'scale up' for better client outcomes

‘The answer to the delivery of better outcomes is through integration’

Isabel Baxter
clock • 1 min read

The answer to the delivery of better client outcomes is integrating with bigger firms, delegates heard.

Speaking as part of a panel at NextWealthLive 2024, Argentis head of client and proposition Natalie Kempster said that the advice industry landscape has changed "dramatically". "There are more and more advice businesses operating at scale." Bigger firms give advisers access to "cutting-edge technology", she added. Kempster noted that although one of the main benefits of smaller businesses is client personalisation in their service, regulatory data requests are a challenge for them.   "The reality is that smaller firms will be gobbled up by consolidators." She continued: "The ...

To continue reading this article...

Join Professional Adviser for free

  • 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
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Adviser books lack younger clients as they pick DIY or robo-advice

Adviser books lack younger clients as they pick DIY or robo-advice

Apathy and lack of advice value understanding also barriers

Isabel Baxter
clock 09 July 2025 • 2 min read
Partners Wealth Management acquires Surrey advice firm

Partners Wealth Management acquires Surrey advice firm

Rebrands following late June acquisition

Jen Frost
clock 08 July 2025 • 1 min read
All the advice firm acquisitions that have taken place in 2025

All the advice firm acquisitions that have taken place in 2025

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 08 July 2025 • 2 min read