A new buyer in town seeks a slice of the advice pie

"Capital management firms - such as investment boutiques -  with an investment as opposed to retail background, whether that is ex-directors of large investment houses or banks, have made enquiries about buying adviser firms. They have clearly spotted an opportunity on the back of RDR and movement in the adviser space caused by other regulatory pressures, such as capital adequacy requirements. It seems that these large buyers are looking to build strategic alliances with advice firms - by buying them - that will help them release value from the business, such as for the aquirer's shar...