4×4 succession is a unique buy-out retirement contract available to all our advisers, existing and new. It is the final piece of a comprehensive adviser support proposition to ensure your journey with us and into retirement, is truly easy. Advisers who have been with us for at least 4 years can retire from us with up to 4 times their annual renewal income.*

This is one of the best buy-out propositions in the market place today and probably the best from a National IFA; one who promotes independent advice on a national basis.

Financial advisers who join Truly Independent will no longer have to find a buyer to achieve 2 or 3 times their renewal at retirement. Simply by joining us, you have also secured a buyer. When an IFA sells their business, the process of transferring their clients to the third party is an enormous task and stressful, especially when you would much rather be retired! Equally, some competitors promise to provide retirement plans that are enticing and appear to be genuine, but somehow never reach fruition; such false promises can devastate a retirement plan. In contrast to those ‘false promises’, we will provide you with our buyout contract upon joining ensuring:

It exists
It states the value and payment plan
It sets out what is expected from the adviser

Key Benefits of the 4X4 Succession Plan

Retirement with Confidence: With our 4X4 Succession Plan, you can retire comfortably, receiving up to four times your annual renewal income based on our ‘virtual ongoing charging strategy’. The equivalent is 2% of AUM. This ensures that your hard work of accumulating AUM pays off and provides you with the financial security you deserve.

Seamless Transition: Unlike selling your practice externally, our plan ensures a smooth transition where your clients are retained under the Truly Independent umbrella. Your clients will be well looked after, allowing you to leave your practice knowing they are in safe hands.

Client-Centric Approach: We believe that maintaining strong relationships is crucial. The 4X4 Succession Plan prioritizes client continuity, ensuring your clients receive the same high level of service they’ve come to expect.

Expert Guidance: Our dedicated team is here to support you through every step of the process. From initial discussions to the final transition, you’ll receive expert advice tailored to your unique situation.

We’d love to Speak to you

Complete the form below to find out more.**

Succession (contact form)

At Truly Independent, we understand that as a financial adviser, your clients are your top priority. In our recent HappyScore test, we asked advisers, “Do you have a fully worked-out retirement plan, knowing who will buy your business and when?” Shockingly, 0 advisers answered yes. We also inquired, “Are you concerned about how much you will eventually sell your business for?” A staggering 84% answered yes.

These results highlight a significant gap in succession planning within the industry, revealing that many advisers feel uncertain about their futures. Without a clear path forward, the prospect of retirement can be daunting, leaving advisers anxious about the legacy they leave behind. Our unique 4X4 Succession Plan is designed to fill this void, ensuring that you can retire with confidence while knowing your clients will continue to receive exceptional service. With our plan, you’re not just securing your financial future; you’re also protecting the relationships you’ve built over the years. Transitioning your practice can be rewarding, and our plan guarantees that you’re well taken care of throughout the process, providing peace of mind as you move into the next chapter of your life.

Imagine signing our agreement at the outset, and after at least 4 years all you need to do is to confirm your intention to proceed to retirement and simply retire. It will be that easy!

As a self-employed financial adviser with Truly Independent for seven years, my experience was always positive, thanks to the support from a like-minded community and a fantastic Head Office team. What attracted me to Truly Independent was the opportunity to work independently while having the necessary backup.

I wholeheartedly recommend Truly Independent to other advisers looking for autonomy with strong support. When I retired, I utilised Truly Independent's succession plan, and the process was entirely painless and seamless. The four-year term for maximum payout made it a very fair choice for me, and the guidance throughout was outstanding. I was absolutely satisfied with how the succession plan preserved the continuity and legacy of my practice, ensuring a smooth transition. Truly Independent's commitment to advisers was unmatched, making it a top choice for those seeking a successful and secure future.

After over ten years as a self-employed financial adviser with Truly Independent, my experience was excellent. I was drawn to the company by the opportunity for independence, and a single meeting with Andrew convinced me to join. The autonomy I enjoyed, combined with the compliance and marketing support from Head Office, provided me with a fantastic work/life balance.

I utilised Truly Independent's succession plan upon my retirement, and the process was exactly as described. The key factors in my decision were a smooth transition for my clients and a hassle-free exit for me at a fair price. I received great support throughout the succession planning process, and I’m confident my clients will continue with Truly Independent for their financial journey.

Introducing Truly Private Clients

At Truly Independent, we understand that a seamless transition is crucial for your clients’ continued financial success. That’s why we’ve established Truly Private Clients—a dedicated team of employed advisers committed to upholding the same independent values you have instilled in your practice.

When you retire, your clients will be in excellent hands with a Truly Private Clients adviser who shares your ethos and commitment to exceptional service. Our advisers receive robust support from our Client Care Team, ensuring that your clients continue to receive tailored advice and the highest level of service. This collaboration guarantees that their financial wellbeing remains our top priority.

With Truly Private Clients, your clients will experience a smooth transition, knowing they are well looked after and that their financial journey will continue without interruption. We are dedicated to maintaining the legacy you’ve built over the years, ensuring your clients feel secure and valued throughout the process.

*Qualifying Conditions
Adviser annual renewal income for the headline multiplier of 4 times renewal is based on our ‘Virtual Ongoing Strategy’ charge of 0.5%. Equivalent is a valuation of 2% x qualifying AUM for assets held on our platform called Vero. This valuation metric relates to pension and investment business only however we acquire the whole business. Subject to terms and condition.
**Contact Form
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I acknowledge that the valuation provided is a rough guide and not a binding offer. The estimate is based on a simplified calculation and does not account for all variables that may impact the final valuation.

Contact details

01228 587 588
Atlantic House, Parkhouse, Carlisle, Cumbria, CA3 0LJ

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