Centrepoint Alliance has used its half-year results investor presentation to announce plans to increase the number of advisers and practices in the coming year.
The business told investors that growing its adviser numbers is one of its strategic business goals, adding that as higher quality firms have joined the business, lower value firms have been exiting.
According to the investor presentation, Centrepoint will look to grow adviser numbers by offering “a more profitable and attractive proposition for advisers”, while also supporting those advisers to grow their client base.
Additionally, Centrepoint noted it had acquired 90 new firms in the past two years, has a “strong current pipeline” in place, and that firms that have joined the business more recently have represented better value than older firms.
“As we recruit new quality firms, lower value firms are exiting,” the company said.
When financial failures occur and accountability can’t be pinpointed clearly, often it is the adviser that gets ...
When dealing with high-risk investment portfolios and platforms, it is important advisers manage expectations even when ...
Orbis Investments has added a new marketing head to extend its reach to advised retail investors as part of its “next ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin