Sandringham Financial Partners is expecting a surge of interest in its partner share scheme after reminding IFAs that once they recruit the 200th partner, 5000 shares in the business will be made available.
The 200 partners will qualify for the shares and currently, there are only 20 slots left, 180 partners having been appointed. The firm says that recent recruits have been attracted by the extensive investment into its back-office technology, providing advisers with a more streamlined administrative process and allowing them to spend more time focussing on their clients’ needs.
Chief Executive at Sandringham Tim Sargisson said: “Our share scheme for the first 200 Sandringham partners has proved very successful and has been a welcome ‘cherry on top’ for advisers who have chosen to join Sandringham. With only 20 slots left, we expect there to be a sharp increase in applications as advisers look to capitalise on this opportunity.
“We have invested heavily in our technology this year and have been thrilled with the response it’s received from both our partners and their customers. Our back-office technology can interface directly with provides, providing real-time valuations of portfolios and allowing advisers to spend less time dealing with the administrative requirements and more time face to face with their clients.”
