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FEIFA confident of membership surge

The newly-formed Federation of European Independent Financial Advisers says it is likely to represent in excess of 100 advisers across Europe by the end of September.

The trade body launched in early August
to cater for English-speaking IFAs working across mainland Europe, predominantly to expatriate clients.

FEIFA says IFA firms Blacktower Financial Management Group, Siddalls, and WorldWideBroker have applied for membership within the first month.

Chief executive Paul Stanfield says: “We expected a significant response from the smaller IFA operations initially and, whilst this has proven correct, we have been pleasantly surprised by the number of applications from larger IFA firms at such an early stage in our development.

“FEIFA is now completing due diligence on a number of companies that have applied for membership and it is likely to represent in excess of 100 advisers across Europe by the end of September, with this speed of growth expected to continue for some time.”

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