At a Glance
- Tasks: Manage client relationships and grow your own financial planning business.
- Company: Established financial planning practice in Edinburgh with a supportive culture.
- Benefits: Salary of £60,000 to £65,000 plus bonuses, with a clear path to ownership.
- Other info: Opportunity to work alongside an experienced owner and access funding support.
- Why this job: Gain hands-on experience while transitioning to business ownership over three to six years.
- Qualifications: Passion for finance and strong relationship-building skills.
The predicted salary is between 60000 - 65000 £ per year.
You want to own your own financial planning business.
Check below to see if you have what is needed for this opportunity, and if so, make an application asap.
You're just not quite ready to do it yet.
Starting from scratch means finding clients, building a brand, creating systems, arranging support, funding the business and carrying all of the risk yourself.
This opportunity gives you another route.
You'll join an established financial planning practice in Edinburgh as an employed adviser on a salary of £60,000 to £65,000 plus bonus.
Once signed off, you'll be given around 70 client relationships to manage and will work alongside the current owner as those relationships are gradually handed over.
But this is not simply an employed adviser role.
The long-term plan is for you to acquire the whole practice.
The transition will take place over three to six years.
That gives both sides time to build trust, prove the relationship works and prepare properly for ownership.
You are unlikely to take on funding immediately.
The first two to three years will be about advising clients, generating new business, growing revenue and showing that you can operate like a business owner rather than simply an employee.
When the time is right, there is an established internal process to support the purchase.
The business uses a set valuation method, so you will understand the likely numbers early rather than discovering them at the end.
You will also have access to an internal team and a panel of lenders who can help structure and fund the acquisition.
Think of it as a business mortgage.
A proportion of ongoing income is used to repay the funding until the purchase is complete and the business is yours.
The clients and revenue you generate yourself will also be yours.
THE OPPORTUNITY
The current owner has around 300 clients and plans to begin by transferring approximately 70 households.
The handover will be structured. Clients will not simply be reassigned overnight and left wondering what happened.
You will attend meetings, build relationships and gradually become the adviser those clients trust.
But inherited clients are only part of the story. xgikmsk
You will also be expected to find and win new business through client referrals, your own professional network and opportunities you create yourself.
Financial Adviser - Route to Practice Ownership employer: Exchange Street Claims & Financial Services Careers
As a leading player in the claims handling sector, our company offers a dynamic and supportive work environment that prioritises employee development and well-being. With a strong focus on exceptional customer service and compliance, we provide our team with comprehensive training and growth opportunities, all while enjoying the flexibility of remote work from the vibrant city of Leeds. Join us to be part of a collaborative culture that values your expertise and encourages professional advancement.
Contact Details:
Exchange Street Claims & Financial Services Careers Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Adviser - Route to Practice Ownership
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Exchange Street Claims & Financial Services Careers. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Adviser - Route to Practice Ownership
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Exchange Street Claims & Financial Services Careers.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Exchange Street Claims & Financial Services Careers's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Exchange Street Claims & Financial Services Careers
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Exchange Street Claims & Financial Services Careers.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Exchange Street Claims & Financial Services Careers will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Exchange Street Claims & Financial Services Careers employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
