Feifa added four firms on 5 April, following three firms that joined earlier this year.
Recent members
The four most recent members are EWMT Insurance Advisers and Agents, Mansion House Capital (MHC), Cimpel & Partners and EFPWAY.
EWMT is based in Cyprus and headed up by St.John Coombes, who is also chairman of the Cyprus International Financial Services Association (Cifsa).
UK-based MHC is run by David Stone and has clients in mainland Europe as well as its home country.
EFPWAY and Cimpel & Partners are both based in the Czech Republic and headed up by Michal Srubar and Jiri Cimpel, respectively.
Year-on-year growth
Paul Stanfield, chief executive of Feifa, said the membership growth is an indication of the benefits that the federation providers to advisers and advisory firms.
“In particular it shows the importance of both professional development services and representation in the increasingly-regulated environment that we all now operate in.
“FEIFA has effectively grown, year-on-year, since launch way back in 2009 – and we have once again grown our membership to an all-time high with these new firms,” Stanfield said.
The addition of the seven firms follows Feifa announcing in February that it had launched a membership for advisory networks across Europe.
Feifa member companies are English-speaking advisory businesses and advisers, active across Europe and collectively advise on more than €5bn (£4.3bn, $6.1bn) in assets.
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.
It also has partnerships with a wide range of companies, including European cross-border life assurance companies, major asset managers and the key international pension and trust companies.
