AWD Chase de Vere plans to increase its adviser head count by more than 50% to 400 by 2012.
The IFA group hopes to increase its advisers from 190 and has recruited 24 in the first quarter of 2008.
AWD allows advisers to retain front-end and trail commissions and choose between full, variable employment and self-employed status.
Stephen Kavanagh, national sales and operations director at AWD Group, says: “We have created a three tier recruitment structure; the highest achievers, delivering over £250,000 commissions can join us on a self employed basis and benefit from full sales and administrative support.
“Moderate to high achievers can combine a salary with commissions on our variable employment package and others can choose the full employment route. We provide full training support, pro-active management coaching to develop individual skills and career development. IFAs can review their terms yearly and progress from employed to variable and then to self-employed as their earning potential increases."
AWD’s holding company has more than 464,000 advised customers, 6,000 advisers and revenues exceeding €725m (£580m).
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