Nearly three-quarters (72%) of advisers want fully digital platforms, however, many remain unable to meet IFA’s demands, according to a study from NextWealth.
It is not sustainable for advice businesses to work with just one platform but for those operating across more than ten ensuring proper due diligence will become hard work, delegates heard.
Activity in the buoyant advice firm acquisition market doubled during 2022, according to the latest NextWealth report, with the number of deals going from 54 in 2021 to 101 last year.