Financial Adviser - Route to Practice Ownership

You want to own your own financial planning business. 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 ..... full job details .....