mbf.
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
To apply for this job please visit www.reed.co.uk.
Make this application stronger
Use these quick checks before applying so your CV, interview preparation and job search are better matched to this vacancy.
Before you apply
Check the key details and make sure the role matches what you are looking for.
- Review the job title, company, location, salary and working pattern if provided.
- Check the skills, experience or qualifications requested by the employer.
- Make sure the commute, hours and contract type are realistic for you.
Tailor your CV
For Teaching Jobs, highlight the most relevant skills, experience and achievements linked to this type of work. Keep it honest, clear and focused on what the employer is asking for.
Use the CV Builder or browse Career Advice.
Prepare for interview
If your application is successful, prepare simple examples that show your motivation, strengths and suitability.
Keep searching smarter
Do not rely on one application. Keep searching similar roles and set up alerts so new vacancies reach you faster.