This Independent Financial Adviser job is well suited to individuals with their own client bank and keen to have a better commission split, autonomy and strong offering for clients
This is a self-employed position, whereby you receive 80% of the gross banked income (no network deductions), paid weekly, rising to 97% commission once you hit £150,000 gross banked income pa. All FCA, PI, FSCS fees and software are included at no additional charge.
As you will be joining as an AR, you will trade as your own brand and be able to have flexibility to design your own charging structure, offering fully independent financial planning advice. Therefore, building your own business, with you at the helm, whilst getting full support on compliance matters that are handled in-house, including the Gabriel reports undertaken by the firm.
To be able to operate within this model, you should have ability to generate at least £15m AUM with desire to grow this further. They have full open architecture for you to transfer business across.
The business are advocates of a DFM approach and work closely with a panel of industry leading DFMs, with whom they have negotiated terms and fees. Therefore, this suits Advisers who utilise DFMs / MPS. You can go off panel if desired.
To support you, the business has a specially trained team of in-house report writers who can complete your pre-review preparation and write your post-review letters, on a pay as you go basis, at cost basis.
Financial Adviser Requirements
*You must be a current Financial Adviser
*You must be able to generate £15m AUM
*You should be excited by the opportunity to run your own business
The Company
This independent financial planning and wealth management firm collectively has nearly £4bn of AUM across their team of Financial Advisers dotted across the UK. They are wholly owned by a FTSE 250 firm, providing them security and growth prospects.
Financial Adviser Benefits
*Self-employed with OTE of £90,000 - £200,000+ (uncapped)
*80% of gross banked income (no network deductions), rising to 97% commission once surpassed £150,000 gross banked income
*Discretionary bonuses when certain levels are reached, which reduce network costs
*Financial support offered to help you during initial period upon joining
*Good support with dedicated support and development on hand
*Access to use meeting rooms in 15 regional offices if desired
Locations
Nationwide - working remotely
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