IFA becomes employee-owned with ThinCats funding

A look at transitioning your firm to an employee ownership trust

clock • 2 min read

An IFA has transitioned its ownership structure to an employee ownership trust, with the help of alternative finance provider ThinCats.

The move is part of succession planning at Cheetham Jackson (CJL), based in Chorley, an independent financial planning business operating out of ten offices across the north of England.  The firm was founded in 2009 by Stuart Jackson, who, having successfully guided the team for more than 11 years, has been planning his succession. He decided the transition to an employee ownership trust (EOT) was the best next step for CJL's future. Jackson, who will remain as chairman of the EOT, said: "When we started planning for this transition, we identified the need to build an exceptional l...

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