Wealthpoint eyes independent FAPs for 2026

Wealthpoint brought in 25-30 new advisers in 2025, wrapping up a three-year growth strategy. Its sights are now set on the next five years.

The adviser group, now six years old, is targeting independent advisers running their own financial advice providers who are finding compliance work is eating into client time. Head of strategy and growth Mark Nalder says he is hearing from principals who chose to self-license that they're questioning the decision, primarily because regulatory demands are pulling them away from clients.

"Adviser principals are saying that there's a lot of management time required to make sure they're keeping up to speed with regulatory changes. They have to have their monitoring systems running, they have to prepare FAP returns, etc," he says.

“With that in mind, a lot of the work that we’ve done has been around trying to connect with the independent adviser community, and trying to demonstrate how we can help them run strong and independent businesses.”