Advisers can be pre-occupied with regulatory change and lose sight of business fundamentals, says Mark Tibergien. He offers four ways to overcome 'growing pains'...
The chief executive of US-based business consultancy Pershing Advisor Solutions said advisers have a tendency to become obsessed with regulation, such as the Markets in Financial Institutions Directive II and the Retail Distribution Review (RDR), as well as political concerns such as Brexit. While these are important, for him the "fundamental elements of businesses" are key. Here are four areas advisers should focus on to sustainably grow their business… Looking for strength in numbers Not everyone wants to run a business or has the expertise to take on other specialisms, so find...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes