I was interested to read that two loss-making firms, Inter-Alliance and BBB, propose to merge (Money Marketing, January 22). However, each company has demonstrated that big is not necessarily beautiful.
My practice is a firm believer in providing clients with the opportunity to obtain independent financial advice from both local and national firms but I do not see a great deal of advantage in using a national firm with over 2,000 advisers, as the merged firms would have, over a local firm with two advisers. Have I missed something?
All IFA firms are subject to the appalling service given by product providers and I really do not think size matters.
Barry White Humphries Kirk, Dorchester, Dorset