Broker Expo 2026: Days of Frankenstein’s Monster consolidation over
Broker consolidation is evolving from the ‘Frankenstein’s Monster’ approach of the past to one which is more focused on culture, integration and organic growth.
That was one of the major take-aways from the panel session The new shape of broking: consolidation, investment and the next generation of broker businesses at Broker Expo in Birmingham last week.
Joe Steidl, head of UK insurance distribution at Invesco, pictured second right, noted how private equity-backed consolidation in the broker space had been driven by similar catalysts to that seen in the IFA sector.
Honeypot for PENamely, an ageing demographic among owner-managed financial advisers, no
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