Consolidation in the adviser space has not curtailed access to advice and continues to reshape the market, with a third of the largest firms on the hunt to buy other firms or client banks, Financial Conduct Authority data has found.
Its 2025 Adviser Survey said consolidation supports retiring advisers who want to ensure their clients continue to get the best advice. It added: "The strong resource behind most consolidating firms can support a smooth transition that results in good client outcomes. "Well-managed acquisition and integration can create real value for clients, employees, buyers and sellers of regulated entities." It added on M&A: "Where groups seek to grow quickly through acquisition, resourcing must keep pace with the group's increasing scale and complexity. "Where integration has been poorly m...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
