Overstretched: Is there a solution to the adviser's dilemma?

Why do so many IFAs find the idea of setting up their own firm so irresistibly appealing?

clock • 4 min read

IFAs may not be born businesspeople but they don't really have to be, writes Andrew Goodwin

Anyone who dined at La Gavroche when it was run by Michelin-starred brothers Albert and Michel Roux would probably dispute the maxim that too many cooks spoil the broth. As a general rule, though, the old adage holds true. That's why you rarely hear of two chefs successfully co-managing a restaurant. It's why so many TV shows that throw chefs together tend to centre on them bickering with each other and conspiring to mess things up.  This is all quite easily explained. Being a brilliant chef doesn't automatically qualify you as a brilliant businessperson. You can have all the culinary...

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