Sandringham becomes independent financial adviser

Sandringham says that as a result of investment in its technology and adviser support, it improved turnover by 90% in 2017 in comparison to 2016, saw a 48% improvement in gross profit and assisted 83% of partners in increasing their income.

Sandringham’s move to independent financial adviser status will not affect its investment service as the firm has been whole of market for some time.

Sandringham currently provides access to 13 distinct fund styles across 61 portfolios and funds from nine managers, affording it its independent status.

Tim Sargisson, CEO of Sandringham Financial Partners commented: “Over the last two years, we have seen an impressive increase in both our gross profit and our partners’ income. Indeed, 23% of our partners have increased their income by over 50% since 2016. As the business has grown, Sandringham’s investment service has advanced and improved to the point it now fulfils the criteria demanded of an independent financial adviser.

“The term ‘independent’ continues to be viewed as a mark of the highest professional quality amongst advisers. We are very proud to be classified as truly independent, and as part of our newly defined status, we look forward to recruiting more partners of the highest calibre and helping them to provide the best possible advice to their clients to achieve their financial goals.”