Time to sell up?

David Maida | financialalert | 08 December 2011

With regulation taking hold, many adviser practices are simply not as profitable to operate as they use to be - and some may be asking themselves if this is a good time to exit. But holding out for another five years may well pay off.

David Greenslade managing director of Financial planning services firm, Strategi, confirmed that the recent flood of adviser businesses onto the market has depressed values. "We've seen a lot of sales just basically from June [2011] through until now. A ...