Recruitment firm BWD has unveiled its mergers and acquisitions (M&A) service BWD M&A in a bid to help IFAs with consolidation within the financial advice sector.
The launch of BWD M&A comes at a time when the sector is experiencing an uptick in consolidation, driven by factors such as an ageing adviser population, increased regulatory burden, and high professional indemnity premiums.
This service is specifically designed to simplify the intricate process of M&A in the financial advice sector. With the aim of aiding IFA and wealth businesses planning to sell, BWD M&A provides an 8-step strategy to assist sellers in finding potential acquirers who align with their values and objectives.
The M&A service is led by David Rist, who has over 30 years’ of experience in the Financial Services sector, having held senior management and executive positions with St James’s Place (SJP), Fairstone, and Inter-Alliance.
He also co-founded Informed Financial Planning. As its managing director, he oversaw several acquisitions and one sale. More recently, he has been involved in over 20 sales and acquisitions.
Rist said: “Consolidation is a rapidly growing trend in our industry, and BWD M&A is here to make this process smoother and more strategic for all parties involved.
“Our ability to provide high-level support and advice will be a critical asset for sellers, guiding them through what is likely the most significant business transaction of their careers.”
