What role do academies have in the future of advice?
The gap between those who need advice and those who can access it - the so-called 'advice gap' - is one of the long-standing conundrums the financial advice profession has faced.For some advice firms, the solution is to encourage more people into the profession to level out the supply and demand imbalance which has led to a surge in the number of advice academies being launched.So what role do these academies - many of which are associated with large, vertically integrated advice firms - have in the future of the advice profession? And what can individual advisers do to help expand the…
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