The independent advisory model is where McQuade expects to see the most growth in terms of new, young advisors.

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The way our system works is we start with the reading of our Weekly Timing Model (which is made up of 10 independent market models).

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Some of the independent consultants said the aggregator model, which is what Jaywalk provides, is more cost-effective and allows them to switch research providers more often and more easily.

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But it says the model of a fund as an independent discretionary trust delivering social care is "financially unsustainable".

BBC: Mandy Kiddell

Ford is currently in negotiations with potential dealers with a goal to establish an independent dealer network for the model that will offer a new level of personalized service not currently offered by rivals.

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