These days, running a financial advice business is not an easy task. Doing the client work is one thing but running the business is a huge part of the day-to-day.
With additional regulation and the introduction of consumer duty, as well as team members and future business planning to think about, it can be just as challenging as getting the work done.
This week Sue and Brandon speak to Ahmed Bawa, the CEO at Rosemount Financial Solutions (IFA), one of the largest independent mortgage and financial planning networks in the UK, about how they are managing to successfully run their advice business.
Ahmed explores how having the right culture and investing in their team members really makes a difference to staff retention and the success of the firm. In his opinion consistency is key, and making sure that support, resources and the family feel don’t disappear over time is vital to the running of a successful business.
At Rosemount, 70% of their advisers have been part of the team for over a decade, so they are clearly getting the balance just right.
Listen to the full conversation below:
Click here to listen on Apple Podcasts
