IFAs are among some of the fastest-growing companies in the UK, according
to a survey by management consultancy Deloitte & Touche.
The Deloitte & Touche Indy 100 survey of companies in the UK
middle-business market found Inter-Alliance and Bank-hall Investment
Associates to be among the 100 best-performing companies in the UK.
Inter-Alliance took seventh position and Bankhall was 43rd.
Deloitte & Touche identified 7,000 middle-market companies – those with
sales of between £5m and less than £100m – from Companies House
data and listed the 100 firms achieving exceptional growth over a five-year
It ranks firms according to what it calls their compound annual growth
rate. Inter-Alliance achieved a CAGR of 155.95 per cent, making it the
fastest-growing IFA, and Bank-hall reached 79.75 per cent.
The financial services sector as a whole emerged well, with stockbroking
firm Teather & Greenwood top with a CAGR of 273.38 per cent.
Investment specialist Mat-rix Securities was 26th, Tep trader City
Endowments was 40th and investment management and Tep market-maker Neville
James was 44th.
Inter-Alliance group chief executive Stuart McGreevy says: “This is
affirmation both of our market-leading strategy and management and results
ach-ieved over a sustained period.”
Bankhall director Tony Murrell says: “It reinforces the benefits of
providing support services to professional IFAs rather than the hindrance
that might be associated with traditional networks.”