Predatory brokers - Broker acquisition model in the spotlight
Sustainability under scrutiny, writes Marcus Alcock
Broker merger fervour continued apace last month, partly spurred by concerns over any changes the Chancellor of the Exchequer would make to capital gains tax (see p.24) but also by the dynamics of the wider market.
Some of the most important predators at the moment, the broker consolidators, seem keen to snap up as many outfits as possible ahead of their rivals.
Now, acquisition activity has spread to more conservative brokers such as Manchester-based Bridge and its local rival, Reich, which made
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