Two advice firms join European IFA trade body

Two advice firms join European IFA trade body

Warwick Road Financial Services and Affinity Financial Consultancy are the latest advice firms to join the Federation of European IFAs (Feifa).

In a statement published today (7 June) Feifa confirmed that the two UK-based firms are its newest members, taking the total number of members to 44.

Paul Stanfield, the chief executive of Feifa, said the new additions were a sign of the increasingly relevant benefits that the association provides to advice firms, particularly in terms of helping UK advisers.

“Despite a number of mergers and acquisitions within our membership over the last few months, Feifa now has more member firms than ever before.” 

Mr Stanfield also said there are a number of new membership applications in the pipeline, which are currently going through the due diligence process.

Feifa, which has recently redesigned its website, includes English-speaking advisory businesses, which together advise on assets amounting to €4bn (£3.5bn).

Over recent months, the trade body has partnered with a number of international life companies, asset managers and pension companies.