ValidPath launches client buyout programme for retiring IFAs

Launched today (2 July), the programme was developed as a "turn-key" and independent solution to help retiring advisers achieve a capital event and allow younger advisers to grow via client-book acquisition. Buyers are ValidPath members, while sellers can be any adviser - whether a registered individual, appointed representative, or directly authorised. Through the programme, buyers gain the opportunity to acquire and service a seller's client base, while retaining 100% ownership of their business. They commit to a five-year plan that underpins the acquisition financing and can access...