Rimbal through its ValidPath proposition has won the Best Business Growth and Succession Planning for Advisers Award at the FTAdviser Provider Awards 2024, held on 21st November. The award is voted on by advisers and recognises providers judged to deliver outstanding service in this category.
About the Award-Winning Solution
The Succession Solution is positioned as an alternative to consolidation. While consolidators typically merge clients, revenues, and assets into their own products, platforms, and portfolios, the Succession Solution allows IFAs to exit or transition ownership while preserving independence and continuity of client service.
The solution provides:
Benefits for selling principals:
Benefits for successor managers:
The Succession Solution operates within Rimbal’s wider Succession, Growth and M&A programme. Rimbal provides financing, investment and transaction services to support the acquisition of client books and businesses, growth investment for liquidity or transformation, and the implementation of succession plans. Rimbal manages the process from feasibility and valuation through to due diligence, transaction, financing and ongoing deal administration.
What the Judges Had to Say
In a competitive category, the judges highlighted our personalised offering as a standout feature. They were particularly impressed by the comprehensive support and aftercare we provide, praising our efforts to ensure a smooth and seamless transition for all parties involved.
This recognition reaffirms our focus on promoting independence and independent financial advice, which lies at the heart of our business model. We want to help advisers concentrate on what they do best: serving their clients and building their business, while we take care of the rest.
