Walker Crips Financial Planning is pursuing a boutique model as it narrows losses and returns to profit, with managing director Dominic Martin ruling out large-scale consolidation plays in favour of targeted adviser recruitment.
Speaking exclusively to Professional Adviser, Martin said the firm's strategy is to grow steadily to about 20 advisers over the next three years while retaining a personalised service and cultural fit. "I do not want something that can't be managed and where we lose the bespoke, proper client contact element," he said. "We'll grow with people that fit the culture and whose clients fit the culture. Location is not a problem because we've got satellite offices as and when." Martin contrasted the approach with consolidators and private equity-backed firms. "People sell out, the first yea...
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