This is a question that isn't as easy to answer as you would first imagine. Many think that it is a question of the level of turnover or size of the business, however there are many considerations and questions that need to be answered before making the decision of AR or DA. 

A simple decision tree may help steer you, however, fundamentally it will come down understanding what is required of each and your preferences.

By talking to Network Consulting we can help you with you decision process and the most appropriate service for you business needs. 

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Many firms choose to go Directly Authorised because they think it will give them more freedom, which is true in many senses.

However, understanding the responsibilities and requirements of the FCA is imperative before starting the process. 

Preparation prior to application is critical, illustrating that processes, controls and oversight are all in place along with in-depth financial data.

Network Consulting can help you find the right compliance service to help you with this.

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For newly qualified advisers this is the next milestone that needs to be achieved. This is the practical application of your new knowledge and where you will start advising clients. You will need demonstrate you are able to provide advice in a competent manner. 

There are many offerings that claim they will get you to CAS status, but it is extremely important to find the one that is right for you, both initially and in the longer term. 

Network Consulting can help you find the best route to CAS. Click below to read more or get in touch.

Taking that step to go alone, either the first step in to self-employment or setting up your own advisory business is an exciting yet daunting thought. You may have the experience, you may be employed, you may be self-employed working in a larger practice, but now wish to spread your wings and be your own boss... what's the best route?

Getting the right guidance and choosing the right place for you or your business is crucial. Getting it wrong could be far reaching, setting you back years or even put a halt to your dreams before you are fully off the ground.

Feeling undervalued is one of the biggest complaints made by unhappy advisers in employed roles. Stretching or unrealistic targets, micro-management or poor financial remuneration are all equally cited.

If at any point you do not feel valued, it's time to thinking about moving on.

Quality advisers are a valuable asset, you are a valuable asset, and there are many employers that recognise this. 

Rather than being "sold" a position, why not look at this from a different angle and consider what you want from your next move.