Advance Wealth now a proud member of SIFA

Advance Wealth is now a proud member of SIFA, or Solicitors Independent Financial Advice, that has been working for two decades now to bridge the gap between solicitors and financial advisors. As a member of SIFA, Advance Wealth aims to be better able to develop an improved working relationship and have an enhanced understanding of the regulatory pressure on solicitors.

As of 2007, the Legal Services Act has upheld that for a financial advisor to become eligible for membership into SIFA, it needs to be classified as independent, in accordance with the terms of the Financial Services Authority (FSA)’s Retail Distribution Review. SIFA’s objective now is to support and assist interaction between solicitors, accountants and financial advisers in whichever form possible. It is because of this harmonious relationship that Advance Wealth has joined SIFA, while also proving to our valued clients that Advance Wealth has a good reputation to uphold. With dividing lines between the legal, accounting and financial planning disciplines now broken down, we aim to be able to pinpoint our client’s precise needs and shape a plan uniquely for each one. This way we can provide a more comprehensive client service and thus, build enduring relationships.