Mergers and acquisitions are continuing to drive change in the financial advice sector but acquirers are increasingly looking at consolidation, not aggregation, according to a new study.

When I switched from accountancy to financial advice in 1987 the landscape was dominated by a few very large salesforces.

Chartered Financial Planner Fairstone has made £5.4m in excess payments to outperforming firms it has acquired through its downstream buy out programme.

Leading Financial Planning firm owner Sandy Robertson told planners at the CISI Financial Planning Conference that they could fight back against the consolidators who are acquiring large numbers of Financial Planning firms.