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IFA, SOLD! What's your end goal?

It has been a lively start to 2019 with recent announcements that 7 IFA firms have sold up in January.

Quilter Private Client Advisors have been particularly busy, acquiring Stockport based Freedom Financial Planning and Stephen Spires Financial Consultants in Reading, bringing on more than £250m in FUM.

The largest deal was in Dorset, with the well-established Coleman Financial Services being purchased by Punter Southall Aspire, bringing on £275m in FUM into their business.

There can be many factors why firms might decide the time is right to sell up. Retiring advisers, change of direction between business owners, perhaps the need for financial stability to allow further growth, succession planning, increasing operating costs (PI cover) and the other financial burdens of regulatory costs, to name a few.

Here at Clever, we have teamed up with several industry experts who can support you regardless of where you are in the journey. The consortium, aptly named Aspire, Acquire, Retire, (AAR) is a colloboration of FS service providers who provide you with direct access of support and advice functions, with the emphasis being on the end result. It could be Business Development, Recruitment, Succession Planning, Professional Indemnity Advice, Corporate Advice and Employment Law, or Specialist Advice from an experienced IFA business broker.

You may be looking for a quick sale, just considering options, or starting to build succession plans to exit the business in the medium to long term, we can assist in every aspect of the journey. 

This is the AAR team. Click on the name to go through to the individuals LinkedIn profile:

GJC - Emma Richards is extremely client focused with a background in Financial Services and Project Management, Emma is passionate about her work who now supports a number of Financial Services firms to help them with succession planning and for the owners to become ready to exit

PIB Insurance - David Wood is a Director of the PIB Group, a well respected Insurance Broker. Specialising in Professional Risks, David is an expert in PI and can offer advice and support with regards to the regulatory demands and rising costs to the Financial Planning industry

Kitsons - Rhodri Davey and Dominic Hollingsworth  With an enviable reputation across the South West of England, the Corporate Services team at Kitsons have expertise in all areas of business planning, including property, employment and tax.

Tomorrow IFA - Paul Clutton  A broker that specialsies in the acquisitions of Financial Planning firms! 

Us! - Clever can work with you to attract personnel into your business. We assist firms with all roles in Financial Planning, including regulated and non-regulated employees.


For more information you can visit the Aspire, Acquire, Retire website by clicking here .