IFA Franchise Business

An opportunity to run your own home-based finance business.

The Money Advice and Planning (MAP) proposition is unique in the Independent Financial Advice market. They offer a genuine opportunity for motivated individuals to enter the IFA industry and build their own IFA Franchise Business. 

Trying to establish a business and enter an already established market place can be daunting to say the least, that is why many people choose to opt for franchising.

Franchising is a business relationship where one party allows another party to operate under an already established brand. You are able to operate a system and benefit from the initial and ongoing support available without having to employ staff to provide this support and expertise. This in return allows the Franchisee to spend their time in front of clients generating fee income and growing their business.

Start your own IFA Business:

MAP's Business Proposition is quite simple really, they will provide you with everything you need to establish your IFA Franchise business and to generate opportunities almost from day one.

Franchisees will be able to establish and grow their IFA Franchise Business safe in the knowledge that they have a team behind them to provide support in every area of the business.  

Aa a MAP Franchisee you will invariably be home-based, you will follow up on marketing leads, visit potential clients in their own homes, find out all of their relevant information, and finally (after the training period) make recommendations and then potentially follow up into a sale. You will then do after-sales service to try and ensure the advice that you give is still logical and does what it is supposed to.

Setting up your IFA Business with MAP:

In order to set up and establish your business as quickly as possible, MAP will provide you with the following support:

• Business setup
• Training
• Equipment
• Stationery
• Marketing
• On-site training & support

Could you become a MAP Franchisee?

MAP are flexible in the type of people they look for.  As well as taking on experienced people and trainees, they also welcome those who are new to the industry with no qualifications to join the company.

Those with experience can start with them and hit the ground running, whilst trainees can be brought in and advanced through to experienced level, which in the industry is known as Competent Adviser Status (CAS).  Finally, inexperienced people can start as paraplanners and work up to becoming trainees and then from there, onto achieving CAS thereafter. 

In all stages though, franchisees are allowed to deal with clients and therefore impact upon their earnings potential, whilst being helped by MAP to moving onto the next level.

MAP would also accept mortgage advisers who are willing to work towards being IFAs. They would be deemed competent in mortgage/life products and be introducers in the interim period for other aspects of financial services.  This would allow them to refer cases onto other MAP advisers and earn from them, whilst keeping clients happy.

The Investment:

The initial fee which will effectively provide you with a “business in a box” and allow you to hit the ground running from day one is £25,000. (This fee can be adapted on a modular basis subject to experience and relevant qualifications held.)

Find out more about running your own IFA Franchise with Money Advice and Planning.
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