The importance of financial advice to accountants' clients

Accountants are seeking to outsource financial planning entirely

clock • 3 min read

Mark Dallas highlights why now, more than ever, accountancy professionals are referring clients to trusted IFAs...

There is nothing particularly novel in the provision of financial planning advice by IFAs to clients of accountants or, for that matter, solicitors. For many years accountants, be they large national or smaller high street firms, have retained the services of in-house financial planners. The idea being that fees charged to clients would be retained by the firm. However, in practice, many partners would have their own trusted financial advisers to whom clients were referred, quite probably to the annoyance of the in-house consultant. It has always been the case that the building of rel...

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