Sandringham launches acquisition strategy for retiring advisers

Hopes for 10 retiring advisers per year

Hannah Godfrey
clock • 2 min read

Sandringham Financial Partners has launched its Partner Acquisition Programme designed for advisers retiring from the profession.

Sandringham CEO Tim Sargisson (pictured) described the new proposition as "unique", and said it would mean minimal upheaval and impact on clients while also remunerating advisers well into their retirement. Many retiring advisers face mass asset migration for their clients who need to re-platform upon their adviser's retirement, such as in cases where independent firms are sold to restricted consolidators. Under the Partner Acquisition Programme, however, clients' investments can be left alone where they are deemed to be appropriate, rather than transitioning a portfolio to a mandated...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

CII corporate chartered status overhaul to proceed this quarter

CII corporate chartered status overhaul to proceed this quarter

Pilot expected later this year

Jen Frost
clock 24 January 2025 • 2 min read
M&A support service targets wealth management sector

M&A support service targets wealth management sector

The Flower Group to cut acquisition timelines by six weeks

Sahar Nazir
clock 24 January 2025 • 1 min read
Chancellor to amend non-dom tax crackdown plans

Chancellor to amend non-dom tax crackdown plans

Labour promised to remove non-dom status in election manifesto

Sahar Nazir
clock 24 January 2025 • 2 min read