Self-Employed IFA - Active Clients Provided

Recruiter
Reed Insurance
Location
Market Deeping
Salary
30000.0000
Posted
18 Mar 2017
Closes
17 Apr 2017
Contract Type
Permanent
Hours
Full Time
My client is a family run IFA practice, entering their 21st year of trading.
They have offices near Peterborough and in London.
In addition to Financial Advice they also provide General and Commercial Insurance services as well as Property Management.

The founder of the business unfortunately passed away last year, his children work in the business but not on the Financial Services side.

He has built up a loyal client bank bringing in circa £80,000 per annum in recurring income.
These clients require servicing as the other Adviser is busy with his own book, writing in excess of £200,000 per annum.

The split for written business on these clients would be 60/40 in the firm's favour.
For self-generated business the split would be 60/40 in your favour, potentially 70/30 if you have a good amount of clients to bring with you.

The firm were one of the first practices to sign up to a leading UK network, as a result benefit from the highest quality of leads provided by the network.
The leads are available at £90 per lead and result in average fee income of £3000.

In addition, referrals are also provided by the Insurance and Property Management arms of the business.

You will be an experienced and qualified IFA ideally at or at least working towards Chartered status.

If you have a nucleus of clients to bring that would be an advantage, however clients are provided.

You will be a proactive Adviser and be able to present a business plan of how you will develop your own client bank, in addition to what is on offer.

As the clients are split between the Peterborough and London offices, you will be flexible with travel.

Reed Specialist Recruitment Limited is an employment agency and employment business