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Research identifies top firms

Inter-Alliance, Marsh and Brooks Macdonald Gayer have been pinpointed as three of the UK&#39s most successful IFAs in a survey by research consultancy Plimsoll aimed at identifying the 50 best firms.

Its Best Trading Partner survey of IFAs looks at a combination of strong balance sheets, profitability, cash control and market share based on information from Companies House.

It credits national IFA Inter-Alliance as the firm achieving the biggest market share increase over the last year, with sales standing at almost £13m, representing 135 per cent growth compared with the industry average of 13 per cent.

Plimsoll praises Marsh Financial Services for the biggest turn-around in profits by improving its profit margin by 78.8 per cent over the past 12 months. It now has an 18.6 per cent margin from 10.4 per cent the previous year.

Brooks Macdonald Gayer, set up in 1991, is the oldest company to be listed in the top 50. Its sales have grown by 38.3 per cent to reach a total of £3.6m from £2.2m last year.

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