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Destini sets out strategy after stress

Over 150 Destini IFAs met last week at the group&#39s first conference after what a spokeswoman for the firm described as a “stressful” period for the IFA sector.

Intermediaries and senior managers met in Coventry for the company&#39s first annual conference to hear about business plans and updates on the business model.

Destini, which was formed in November 2002, has made 22 acquisitions in the last two years and has more in the pipeline. It achieved a £27m turnover.

Destini Group head of product development David Cartwright outlined how technology partnerships were forming the backbone of the company while director of communications Fiona Price told how important it had been for IFAs to meet up following a stressful period of change.

Cartwright said: “There are so many changes going on in the sector right now that we believe it is essential our business is updated by top players that are leaders in research in technology.”

Price says: “Destini firms which have been bought recently have gone through a lot of change which is stressful so getting everyone together for the first time is a great opportunity to map out progress and strategy.”

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