Where the mid-sized brokerages have the advantage over the larger ones is that we can be a bit chameleon-like, where we can change very quickly. The larger guys cannot do this.
For financial advisers, coping with change is a way of life – whether that is driven by the regulator, shifting consumer demands, technology or a combination of all three. Since the RDR came into force in 2012, the reshaping of the sector has been particularly dramatic, and with Mifid II last year there has been …