Angus MacNee: An alternative IFA exit strategy

Over the next decade, it is expected that more than half of financial advisers in the UK will seek to retire, meaning up to £500bn of funds under management (FUM) will need to transition to a new adviser or financial organisation. Retiring from a business while continuing to support staff and clients when successfully transitioning control of the business is a real conundrum for many advisers. So, what are the options for IFAs wishing to exit the market, particularly those that value independence and the provision of independent financial advice for their clients? Selling the busine...