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Federation of European IFAs hits 50 firms

By Will Grahame-Clarke, 3 Jan 18

The Federation of European IFAs has grown its membership to 50 with the recent acquisition of three new firms.

Federation of European IFAs hits 50 firms

Global UK Life, Dagmar Parizkova and Altyx Financial Planning have all joined the ranks of the non-profit, pan-European trade body.

“This is a further sign, we feel, of the increasingly relevant benefits that we provide to advisers and advisory firms,” said Feifa chief executive Paul Stanfield.

“In particular it shows the importance of professional development services and representation in the environment that we all now operate in.”

Global UK Life, headed up by Colin Cloy, is UK-based and FCA-regulated, often working with other advisers across Europe and beyond to assist with the protection needs of British expats.

Dagmar is based in the Czech Republic and advises expats from the UK as well as local clients.

Altyx is owned and run by Bérangère Hassenforder. The firm operates in France and the UK and is also FCA-regulated.

“Despite a number of mergers and acquisitions within our membership over the last couple of years, Feifa now has more members than ever before,” added Stanfield.

“We are very pleased by this progress, not least due to the fact that our new and existing members now see Feifa as one of the main sources of assistance as they look to transition for the new, more heavily-regulated world that we all face. We hope and expect to grow further from this point.”

Feifa member companies are English-speaking advisory businesses and advisers, active across Europe and advising on cumulative assets in excess of €5bn (£4.4bn, $6bn).

The Federation is a non-profit trade association and its membership operates in around 30 European countries as well as, in some cases, other regions of the world.

The trade body also has partnerships with a wide range of companies, including all of the relevant European cross-border life assurance companies, major asset managers and the key international pension and trust companies.

Tags: FEIFA

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.