Advisers are calling for a more relaxed regulatory framework to enable organic growth as most firms are looking to increase their assets under advice, Aegon and NextWealth have found.
A new guide to support financial advisers in growing their business, Organic Growth for Financial Advice Firms, featuring the views of over 200 financial advice professionals, found that more than three quarters of advisers are looking to increase their assets under advice and grow their business organically, however only a tenth have a clearly defined strategy to do so. Meanwhile, nearly half of advisers are working with more clients than last year, but Aegon and NextWealth highlighted that only 14% of people with more than £100,000 in investable assets are currently receiving ongoing a...
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