Choosing the right IFA network to support your business isn’t an easy decision. Get it wrong and the pain to change again can be considerable, but get it right and your network partner will help your business to flourish.
Before we go any further let me make one thing clear; not every advisory firm should be a member of a network. For some, direct authorisation is the most appropriate route, for others being a network member is the right choice. I recognise that there are pros and cons for each option, but let’s put that to one side until another day.
So, whether you are a new start business, or have many years trading behind you and have decided now is the time to change network, what questions should you be asking your existing network, or indeed one you are considering joining and what answers should you be looking for?