Sesame Bankhall Group has employed David Wright to launch an exit consulting service for advisers wanting to promote their enterprise.
Wright joins from international reinsurance agency Compre Group, the place he held the function of senior mergers and acquisitions affiliate.
Before this he was a mergers and acquisitions affiliate at unbiased chartered monetary planning and funding administration group One Four Nine Group.
Earlier in his profession, Wright spent 4 years at Ernst & Young.
He will report to PMS and Bankhall director Claire Cherrington.
His appointment comes as SBG prepares to launch an exit consulting proposition geared toward supporting instantly authorised recommendation corporations to put together for a sale and determine the correct patrons.
Cherrington says: “We’re delighted to welcome David.
“He brings a wealth of expertise in M&A, succession planning, and monetary providers and joins our staff as we put together to launch a brand-new service for corporations desirous about a possible exit.
“Our new exit consulting proposition is designed to assist unbiased monetary adviser enterprise house owners who’re contemplating a sale – whether or not that’s within the subsequent 12 months or 5 years away.
“David can be working side-by-side with corporations, serving to them get sale-ready, develop the correct method, and maximise their enterprise worth.
“With an in depth instantly authorised shopper base via PMS Mortgage Club and Bankhall, SBG is uniquely positioned to assist corporations navigating their subsequent step.
“We’re dedicated to bringing collectively deep business data and hands-on assist to assist house owners take management of their exit on their phrases.”
Wright says: “It’s a good time to be becoming a member of SBG because the enterprise expands its assist for instantly authorised corporations. There’s big demand from each patrons and sellers – however many IFA corporations aren’t ready for a sale, which might restrict their worth and choices.
“Our exit consulting proposition is completely different as a result of we’ll be working instantly with sellers – serving to them maximise the worth of their enterprise via a focused motion plan specializing in areas such profitability, high quality of information and compliance – earlier than in the end presenting a enterprise that’s engaging and aligned to the correct purchaser.”
