Advice firms see record client additions as demand surges

In its IFA DNA 2024 report, Fidelity International found that more than a quarter (29%) of advice firms have taken on more new clients than usual over the past year. In fact, this is by far the highest percentage recorded since this question was first posed in 2021, Fidelity said in the report. Whilst 29% have taken on more clients than usual, the report found that 43% of firms have taken on the same number of clients as usual. Just 4% said they had not taken on any new clients in the past year. The report also suggested that firms are very confident about how the demand for advice...