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Securitor uses support services to attract advisers

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By Julie May
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3 minute read

Advisers looking for greater support from licensees are being targeted by Securitor.

Securitor is looking to attract new advisers who want to transition their businesses to a fee-for-service remuneration model regardless of what stage of the process they are at currently, the dealer group has announced.

Securitor said it was targeting advisers who were looking to thrive in a changing environment and who were after a licensee that would provide the support and services needed to do so successfully.

BT Financial Group head of dealer groups Neil Younger said advice businesses were looking for stability from licensees that would support their underlying business models, and that Securitor had implemented an end-to-end process of practice development resources.

"We are currently co-hosting client conversation master classes with the Association of Financial Advisers and the number of advisers attending has exceeded our expectations," he said.

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"This reiterates to us that advisers are looking for a proposition that will genuinely provide their practice with continued growth, profitability and sustainability."

Kearney Financial Planning principal Paul Kearney said since he had been in financial planning there had been several major rafts of industry and regulatory changes that Securitor had navigated well and at the same time helped his business to adapt to.

He said Securitor had been very important in the growth of his business and had provided holistic business support and advice to help take the business to the next level.

Younger said some of the highlights of Securitor's practice development package included a tailored transition program that incorporates business model refinement, as well as support in identifying a practice's client value proposition and appropriate pricing methods.

He said Securitor practices could also access industry-leading research, technical tools and customised workshops.

Securitor currently has 470 advisers and over the next three years would like to grow that number to around 600.