One in seven brokers "at risk of failing"

One in seven brokers is at risk of failing, according to a new report from Plimsoll Publishing, whic...

One in seven brokers is at risk of failing, according to a new report from Plimsoll Publishing, which compiles analysis in the broking sector. In contrast, it claims only one in three is doing well. Plimsoll states that calculating what equates to a 'successful broker' is not as simple as examining how strong its sales are. Nor is the success rate of a firm automatically affected by market conditions.

Instead, the market analyst claims it depends on several ingredients including good margins, low