Sandringham launches acquisition strategy for retiring advisers

Hopes for 10 retiring advisers per year

Hannah Godfrey
clock • 2 min read

Sandringham Financial Partners has launched its Partner Acquisition Programme designed for advisers retiring from the profession.

Sandringham CEO Tim Sargisson (pictured) described the new proposition as "unique", and said it would mean minimal upheaval and impact on clients while also remunerating advisers well into their retirement. Many retiring advisers face mass asset migration for their clients who need to re-platform upon their adviser's retirement, such as in cases where independent firms are sold to restricted consolidators. Under the Partner Acquisition Programme, however, clients' investments can be left alone where they are deemed to be appropriate, rather than transitioning a portfolio to a mandated...

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