We have had quite a few enquiries from accountants over the years for our franchise, and the occasional lawyer as well. Many professionals however see barriers to operating our franchise when there isn’t really any there.
What would happen in reality is that any MAP franchise would be set up as an LLP running alongside your current firm/partnership. Any referrals to an outside IFA can then be stopped and dealt with by yourself, and in many cases this is better because only you will know all the clients details anyway – whether tax or legal. Who better to advise a client than yourself because you should know exactly what that person needs and already have a working relationship with them, and this is the basics for giving financial advice.
The franchise is operated as a stand-alone entity, and MAP ensures all work done by franchisees is compliant and within FCA rules. Franchisees must be qualified to diploma level and full training support will be provided to help franchisees achieve this as quickly as possible. If any specialist advice is needed, MAP has those specialists on hand as well to support you. MAP also provides full compliance support and checks on all business written before it’s submitted.
All of this will ensure you give your clients the best service possible, since you will be in control from start to finish.
Alternatively if you didn’t want to get too involved and set-up a franchise, why not act as an Introducer to MAP and receive a percentage of any case earnings, for minimal effort.
If you would like to find out about the Money Advice & Planning franchise or would like to work alongside us, please visit us at www.mapfinances.co.uk and use the contact form. Alternatively, call Andrew Singleton on 0345 241 1808.
The material is for general information only and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Links to external sites are for information only and do not constitute endorsement. Always obtain independent professional advice for your own particular situation. Money Advice & Planning Ltd is authorised and regulated by the Financial Conduct Authority.
Working for Money Advice & Planning Ltd (MAP) throughout Dumfries & Galloway and based in Stranraer, is Iain Dick. Iain has been with the company since 2009, having previously worked for Co-Operative Insurance Society for over 12 years and Clydesdale Bank for 10 years.
Iain has held the Diploma in Financial Services from the Institute of Financial Services (now the London Institute of Banking and Finance) for over 7 years. He is qualified to advise on pensions, investments and life assurance, and other protection products.
Furthermore, he has the Mortgage Advice Qualification from the Chartered Insurance Institute, thus allowing him to advise on homebuying of any kind.
Iain has 35 years’ experience in the financial services industry, having started out in 1980 as a Bank Officer, before progressing through the ranks. He became a Financial Adviser with CIS Ltd and then advanced to becoming an Independent Financial Adviser before joining Money Advice & Planning Ltd.
This has given him a wealth of experience in the area of financial advice and financial services as a whole. As a result, he can help just about anyone with their financial requirements, be it pensions and retirement planning, investing, tax planning, mortgaging and remortgaging, and insurance of any kind.
Iain lives in Newton Stewart and works a short distance away in Stranraer. He is happy to visit anyone living in Dumfries & Galloway and the surrounding areas who would like to make use of his expertise.
For impartial advice, get in touch with Iain and arrange a no-obligation meeting, using the details below:
07583 419 918