Isabel Baxter

Regional or local advice firms make up more than half of buyers on Melo’s online M&A marketplace Project Exit, while the strongest buyer appetite is for £30m to £50m AUA firms, data from the firm has found.

Intelliflo has introduced agentic AI to its office practice management system platform in a move it said is designed to transform how financial advice firms operate.

Advisers’ willingness to switch platforms is being held back by poor data, legacy providers and fragmented processes, delegates heard, but a new industry transfer charter aims to raise standards.

Beckett Investment Management Group (Becketts) has acquired Norfolk & Suffolk Financial Services.

The Advertising Standards Authority (ASA) has upheld complaints against five firms promoting gold and precious metals products.

The Financial Conduct Authority (FCA) has warned that fraudsters are copying the details of Coutts and have contacted individuals while pretending to be the firm.

The debate over artificial intelligence in financial advice is moving beyond simple questions of adoption as we are now seeing financial advisers beginning to create their own systems.

This week, student loans were placed under the parliamentary microscope, as a Treasury Committee meeting addressed what many have called a ‘broken’ system.

The liquidation of financial advice business Jones Hill, which sold its client assets to Perspective Financial Group (Perspective) in 2020 with staff moving over, has faced delays as liquidators seek resolution over a payment made to a director.

After coming up with her business venture in her back bedroom with just one assistant alongside her, Allie Baglow took the leap and built the confidence to lead her own £110m plus AUM advice firm.