[Hiring] Self-Employed Financial Adviser @Prestige IFA jobs

Role Description

The practice you bring:

• Look after a planning-led book you have built yourself: pensions, investments, tax, estate and, where it is part of the practice, cross-border work.
• Run ongoing advice on your current fee basis.
• Keep reviews, recommendations and file notes to the firm’s documentation standard.
• Stay with the client. Specialist depth is there so the relationship does not have to be referred away.

How you work inside the firm:

• Select within the firm’s investment proposition and record the reason on the file.
• Work within the firm’s governance and supervision.
• Use the tools already in place, so administration does not take the time that belongs with clients.

Qualifications

• Level 4 Diploma as a minimum. Chartered, STEP or an equivalent specialist qualification is a strong positive.
• A current Statement of Professional Standing.
• A clean FCA record and a clean complaints history, and be a registered individual now, or very recently.
• Typically five years or more advising in their own right, with client relationships they have built personally.
• A book that can move, broadly £15m to £100m of transferable client assets. The natural centre of the range is £25m to £75m. Larger books are welcome and are structured individually.
• An existing ongoing advice fee, usually between 0.50% and 1.00%.
• A clear picture of notice periods, restrictive covenants, and whether the clients sit with the adviser or the current firm.
• A willingness to work inside the firm’s investment proposition, documentation standard and supervision.
• UK residence. This brief is for advisers in the UK.

Requirements

• This tends to suit network and appointed representative advisers who want a wider panel, sole-practitioner principals who want the regulatory load taken off them, advisers inside consolidated firms who want to get back to advising, specialists in cross-border, trust, business exit or intergenerational planning, and advisers five to ten years from exit who want a defined route for the value of the practice.

Benefits

• A wide managed-portfolio panel, with the adviser choosing the structure that fits the client.
• Technology already in use across advice, reviews and client communications.
• In-house cross-border, trust and estate, and complex family-wealth support.
• Professional indemnity and operational support, including where a UK-based adviser later spends time overseas while continuing to serve UK clients.
• Transparent terms, set around book size, fee basis and the support required.
• A pre-agreed first right for the firm to buy the book.
• Your current ongoing fee basis retained, rather than an immediate reprice.