IFAMay 1 2020

Adviser hires to meet 'unprecedented' client demand

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Adviser hires to meet 'unprecedented' client demand

A national IFA firm has bolstered its advice team amid "unprecedented" client demand during the coronavirus pandemic. 

Four advisers have joined advice partnership Continuum across its national offices, with the firm seeing a 25 per cent increase in business volumes during the first four months of this year. 

Martin Brown, managing partner at Continuum, said the business had seen "unprecedented" demand for advice and enquiries since the outbreak of Covid-19. 

Mr Brown said: "Remote based client contact and advice could be seen as the new normal for a while to come and as such we are well positioned to support our clients and our adviser community. 

"The new recruits will further expand our business as we look to continue our strong growth pattern in 2020, which is being
driven through the unprecedented demand for advice and guidance we have experienced over the last few months."

Continuum has moved its service online in light of the coronavirus lockdown, offering clients access to virtual guidance and advice and an instant adviser booking feature. 

Last year Continuum reported an increase in enquiries from advice firms looking to join its partnership, which the firm attributed to its decision to become directly authorised.

In November 2018 Continuum left the Caerus network, which was taken over by Intrinsic in 2017, where it had been one of the largest advice firm with a turnover at the time of £6m. 

Last week national advice firm Progeny confirmed it too was pushing forward with a recruitment drive and "accelerating" plans for its business despite the coronavirus lockdown. 

rachel.mortimer@ft.com 

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