The surge in the number of “start-up consolidators” in the financial advice space made life hard for their traditional counterparts during 2021, Louise Jeffreys has said.
Speaking to FTAdviser, the managing director at M&A broker Gunner & Co said it was the start-up consolidators that took over the market over the past year.
“What I didn’t foresee, and indeed what I believe 2021 will be remembered for, is that of the year the start-up consolidators truly disrupted the buying market,” she said.
Read the full article at FTAdviser here.