Strategi and IDS merge
Barry Read's IDS has agreed to merge with Strategi which is run by David Greenslade.
Read says, in an email to advisers, that next month IDS will merge with specialist adviser training, compliance and consultancy firm Strategi. He says Strategi have the scale, resources and systems to help take the financial advisory industry into the new age of technology and professionalism.
"We are aligned in our thinking and values, so for us it was a simple decision to make. The IDS name will be replaced by the Strategi name, but other than that, it is ‘business as usual’ and there will be no interruption to the high level of service you expect from our people."
Read says that the next two years will be stressful for many financial advisers, advisory firms and networks as they transition into the new licensing regulatory regime and develop their business models for the future.
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