4 x 4 Succession

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 Truly Independent for at least four years can retire with a payout equivalent to four 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:

Our 4×4 approach ensures you remain grounded and confident in your retirement journey. Much like the stability and capability of a 4×4 vehicle, our plan is designed to handle any challenges, keeping you on track and ensuring a smooth transition.

For added inspiration, imagine the reliability of a top of the range 4×4 car. Its unwavering performance reflects the certainty and strength of our 4×4 Succession Plan.

Many competitors offer enticing retirement plans that often fail to deliver. These unfulfilled promises can devastate a well-planned retirement. In contrast, our 4×4 Succession Plan guarantees clarity and reliability.

As part of our commitment to supporting your business journey, we’re pleased to offer this easy-to-use Succession Valuation Tool. Designed to provide a preliminary estimate, this tool uses basic metrics to give you an idea of your business’s potential value.

To get started, simply enter your Assets Under Management (AUM) on Vero and AUM not on Vero figures. Please remember that this is a simplified calculation; the resulting figure is an estimate based on general industry factors. A range of elements—such as client demographics, business organisation, compliance status, and product composition—may influence the final valuation.

For a more accurate, customised assessment, we recommend booking a Discovery Session where we can discuss your business in greater detail.

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!