From IT to IFA: Part 7

This month, Peter Lawrence looks at regulatory hurdles for small firms

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This month, Peter Lawrence looks at regulatory hurdles for small firms.

I have been thinking about IFA business models recently, now that I am beginning to get to grips with this new world of financial services that I have got myself into. The basic question I am asking myself is this: Is there actually an IFA business model that is sustainable, profitable, bene­ficial to clients, enjoyable to me, and that can be applied to a new, small IFA business? You may say that these are questions I should have asked long ago, and certainly before making the move to set up on my own. But in my defence, I was aiming to do only what many other people have done already, s...

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