09 June 2021
•
3 min read
Image:
Scott Gallacher: "In the longer term, I think it could be a real threat to us and for consumers once consolidators and VI firms reach critical mass."
Scott Gallacher voices his concerns about ongoing market consolidation. Here he explains why consolidators and VI firms pose a 'real threat' to small advisers and consumers...
Rarely do I read a trade paper or e-mail without seeing that one IFA or another has been taken over by consolidators or vertically integrated (VI) firms. It's a seeming constant, despite the pandemic....
To continue reading this article...
Join Professional Adviser
- 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.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
