Sandringham Financial Partners goes independent

Aim to drive up adviser recruitment

Victoria McKeever
clock • 2 min read

Sandringham Financial Partners has changed its advice model from restricted to independent, which the firm said was driven by changes to its proposition and operations.

The move followed changes to Sandringham's proposition over the past few years, including investment in its technology and the support offered to advisers, such as its back-office system, Enable and front-office investment platform, Fusion. Sandringham, which has been restricted since it was established in 2012, said its turnover had gone up by 90% on 2016 as a result. Gross profit, meanwhile, went up by nearly half (48%) since 2016 and assisted four-fifths (83%) of its partners in increasing their income. Sandringham said this allowed it to review its entire investment approach and o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Westerby Group snaps up pension provider and IFA Redswan

Westerby Group snaps up pension provider and IFA Redswan

SIPP and SASS trust companies also acquired

Isabel Baxter
clock 11 April 2025 • 2 min read
Newcastle Financial Advisers acquires retiring couple's planning firm

Newcastle Financial Advisers acquires retiring couple's planning firm

Advice firm has snapped up County Durham-based Orchard Financial Management

Isabel Baxter
clock 10 April 2025 • 2 min read
Consolidation of consolidators to ramp up amid 'new phase'

Consolidation of consolidators to ramp up amid 'new phase'

Mattioli Woods and Kingswood main one to watch

Isabel Baxter
clock 10 April 2025 • 3 min read