Who Securo is for
Principal-led advice firms managing £25m–£100m, where the principal plans to retire within five years and wants to keep advising until then.
Principal-led advice firms managing £25m–£100m, where the principal plans to retire within five years and wants to keep advising until then.
Fiducia is Equity & General’s immediate acquisition: the client relationships are bought outright, with full novation and a handover on your timetable. It runs through Advisor Group.
Taking capital out at the start and advising for an open-ended period needs a different structure. Steven will set out what is possible on the first call.
The valuation tool gives an indicative range from your recurring income and the five factors that move a valuation.
The pressure is governance: SM&CR, regulatory returns, the PI renewal and the FCA’s rising expectations. Under Securo, Equity & General’s compliance team takes that work on.
The pressure is constraint: a service and platform chosen by the network, a fee that rises each year, and a succession route set by the network’s rules. Under Securo, the exit terms are written into your own arrangement.
In both cases the question is what happens to your clients when you stop. Securo offers the same exit terms to both.
Steven Bates, Director of Advisory at Equity & General, takes the first call with every adviser. Ring him on 020 8396 0486 or send a short note about your firm.