Simon Goldthorpe: Five questions to ask before signing with a network

Grilling prospective networks

clock • 4 min read

Joining an IFA network is an increasingly tempting option for advisers, but what should you consider before taking the plunge? Simon Goldthorpe assesses the key points

Robust due diligence is a core pillar of any good adviser business. Take choosing a platform as an example: no competent adviser would begin onboarding a client until they were absolutely satisfied the costs and contract terms truly suited their needs. The process of joining a network isn't all that dissimilar from an IFA point of view. Why, then, do so many advisers not give their business the same level of care and attention when it comes to selecting a provider? Joining a network can open huge opportunities for an adviser firm, but how well an individual does as part of one comes d...

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