At a Glance
- Tasks: Manage and grow a portfolio of loyal clients while providing financial advice.
- Company: Established firm with a strong reputation in financial services.
- Benefits: Stable income from day one, plus potential for significant growth.
- Other info: Flexible, self-employed role with excellent earning potential.
- Why this job: Inherit a valuable client book and make a real difference in clients' financial lives.
- Qualifications: Experience as a financial adviser and strong client relationship skills.
The predicted salary is between 63000 - 63000 £ per year.
Location: London (Field-Based)
Client Bank Inheritance: £20M AUM | ~100 Clients
A rare and highly attractive opportunity has arisen for an experienced Independent Financial Adviser to inherit a fully active, well-maintained client book in Leicestershire. This is a field-based, self-employed role offering both income stability from day one and significant scope to grow.
The Opportunity
You will take over a client portfolio originally built by a now-retired adviser, comprising approximately 100 households with circa £20M assets under management. Clients are loyal, engaged, and accustomed to regular annual reviews. The typical client holds £100K+ AUM, with a healthy mix of larger and smaller cases.
The existing clients pay 1% ongoing fees, which generates £200,000 ongoing fee income and provides a stable basic income of approximately £63,000 in the first year, before any new business is written and after Paraplanning Admin fees are subtracted.
Income Structure
- Ongoing Servicing: Clients pay 1% ongoing; adviser receives 35% for delivering annual review services
- New Business (from inherited book): 50% split
