Job Description
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
- Self-generated new business:60% split
- Immediate earnings from existing ongoing fees
Support & Infrastructure
- Paraplanning & Admin Support: Provided, subject to fees - can be discussed during interview process
- PI Insurance & Compliance: Fully provided
- Lead Generation: Strong historic lead flow, especially via teaching sector specialism, webinars, seminars, and warm leads
- Network: 24 advisers nationwide (strong presence in Yorkshire, minimal crossover)
What We're Looking For
- Minimum 3+ years' experience as an IFA / Financial Planner
- Level 4 Diploma qualified (Chartered or working towards Level 6 advantageous)
- Strong communication and relationship-management skills
- Comfortable working autonomously in a field-based environment
- Client-centric, ethical, and proactive
Your Role
- Deliver annual reviews and holistic financial planning across pensions, investments, protection, and estate planning
- Maintain and grow established client relationships
- Develop new business from existing clients and through external opportunities
- Uphold the highest standards of FCA compliance
Why This Opportunity?
- Immediate income stability with approximately £63,000 baseline in year one
- Ready-made client bank with strong long-term potential
- Supportive infrastructure without the limitations of an employed model
- Real autonomy to manage your business how you want
- Proven lead-generation model and strong adviser community
