This article was first published in the 2022 PAM Directory
Consolidation is one of the words of the moment in the wealth management sector. However, the number of firms is not diminishing.
According to the FCA’s annual Retail Mediation Activities Returns (RMARs) review, the number of firms providing advice on or arranging retail investment products and services has actually increased since RDR came into force on 31 December 2012.
At the end of 2013 t...