Is it time to retire from retail financial services?

Regulatory changes being introduced by the Retail Distribution Implementation Programme look set to accelerate a transition out of the industry for many existing advisers.

The combination of new examination requirements, higher prudential standards and the movement away from funded commission all result in tough decisions to make - and within a very short timescale.

Here at Informed Choice we have already been through this challenging transition.

We are now offering retiring IFAs the opportunity to integrate their client bank with Informed Choice, in return for a stream of revenue for life and the potential for a capital sum in the future.

Your clients will be carefully serviced by our qualified and experienced advisers.  As a minimum, they will receive an annual formal review meeting (supported by a written report), quarterly valuation statements and client newsletters, and our weekly personal financial ezine.

Our terms may not be as high as some other firms are offering, but they are clear and transparent.  Most importantly, you can sleep easily knowing that your clients will receive the level of service and fair treatment they have come to expect.

Depending on the size, quality and geographical location of your client bank, we can offer terms of up to 45% of recurring revenue and 20% of any advice and implementation fees from your clients or introductions they make.  We can also offer up to four times recurring revenue, as a one-off capital payment, in the event that our business is sold in the future.  

Please note that these figures serve as an example of what we can offer for the highest quality client bank. Actual terms available may differ depending on age, geography and other profiling.

To find out more and discuss your plans, please call Martin Bamford on 01483 274566 or email martin@icl-ifa.co.uk.  All enquiries will be treated in the strictest confidence.

Please note that we are interested in speaking with retiring independent financial advisers based in South East England. You should be prepared to work with us (although not necessarily as an approved person) during a twelve month handover process.