Consolidator  

Rule-tightening speeds up exodus to consolidators

Dominic Rose, director at Old Mutual Wealth Private Client Advisers, said: "We have seen an increase in the number of firms looking at their options. Mifid II and GDPR are both causing business owners to think about realising capital value now as more and more time is taken away from the client facing work.

"Our plan is to continue to acquire the right business and we are in discussions with a number that fit well with us."

Article continues after advert

damian.fantato@ft.com