Networks must make switching process easier for IFAs

'Moving networks is not something that IFAs should do lightly'

clock • 4 min read

Ahmed Bawa explains why switching networks needs to be a simple process for IFA businesses...

Determining whether to be directly authorised (DA) or an appointed representative (AR) of a network is a big decision for any IFA firm. Do they want to go it alone, follow their own path, or make use of the support and structure offered by a network? However, what can easily be overlooked is how different the experience is for ARs depending on which network they opt for. After all, there are so many different networks to choose from, all of which provide their own individual levels of assistance, meaning that ARs can have quite significantly different interactions with their principal...

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

Join

 

Already a Professional Adviser member?

Login

More on Your Business

PA360: Last chance to register for London adviser conference!

PA360: Last chance to register for London adviser conference!

Join us next week for practical insights on adapting to change and hear from Alastair Campbell

Professional Adviser
clock 22 April 2025 • 2 min read
Söderberg invests in first Scottish advice business

Söderberg invests in first Scottish advice business

Takes minority stake in Murphy Wealth

Jen Frost
clock 16 April 2025 • 2 min read
All the advice firm acquisitions that have taken place in 2025

All the advice firm acquisitions that have taken place in 2025

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 15 April 2025 • 2 min read