Advisers shed clients but maintain profitability with rising fees
A 17 per cent rise in ongoing advice fees has led to more “manageable” books, with practices showing healthy profitability despite having fewer clients, according to research from Investment Trends. Head of research Irene Guiamatsia tells Professional Planner the healthy level of profitability shows the next generation that advice is a lucrative industry to get into.



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On Practice
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