Restricted national advice firm Sandringham Financial Partners has received more than 100 applications from advisers to join the firm since its launch.
The firm, which is backed by SimplyBiz and its chairman Ken Davy, said it would offer 40% of its business to the first 200 joiners when it first launched.
The firm provides advisers with a fully integrated customer proposition, marketing support, technical information and quotation software. It also takes on advisers' professional indemnity insurance, and regulatory costs, as well as the cost of their professional body membership.
Managing director Steve Braidford said: "As advisers have settled into the post-RDR environment, we are seeing the number of applications to join Sandringham Financial Partners strongly moving forward. We have noticed a real difference in the past few months."
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