IFAs have a confident business outlook with a strong focus on growing their client base and assets under management (AUM), according to research from independent advice network ValidPath.
Building on the findings of its inaugural pulse survey in February, ValidPath's latest research including 54 IFAs found that 70% were positive about their business outlook over the next 12 months, an increase of 4% since the start of the year. More than half are targeting revenue growth of 30% or more, with 41% aiming for a 50% or more increase, providing further evidence of the confidence across the sector. When asked about their growth priorities, 84% of IFAs highlighted attracting new clients, while 65% highlighted increasing AUM. To achieve these goals, ValidPath found that IFA...
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