Sesame Bankhall Group has employed David Wright to launch an exit consulting service for advisers trying to promote their enterprise.
Wright joins from international reinsurance agency Compre Group, the place he held the position of senior mergers and acquisitions affiliate.
Before this he was a mergers and acquisitions affiliate at impartial 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 immediately authorised recommendation corporations to put together for a sale and establish the correct consumers.
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 fascinated by a possible exit.
“Our new exit consulting proposition is designed to assist impartial monetary adviser enterprise homeowners who’re contemplating a sale – whether or not that’s within the subsequent 12 months or 5 years away.
“David might be working side-by-side with corporations, serving to them get sale-ready, develop the correct approach, and maximise their enterprise worth.
“With an in depth immediately 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 trade information and hands-on assist to assist homeowners 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 immediately authorised corporations. There’s enormous demand from each consumers and sellers – however many IFA corporations aren’t ready for a sale, which may restrict their worth and choices.
“Our exit consulting proposition is completely different as a result of we’ll be working immediately with sellers – serving to them maximise the worth of their enterprise via a focused motion plan specializing in areas such profitability, high quality of knowledge and compliance – earlier than in the end presenting a enterprise that’s enticing and aligned to the correct purchaser.”
