Succession Financial Planning Advisory Services (Pty) Ltd (SFP) is an independent financial services provider, with a unique focus on the financial adviser looking to grow a professional practice while offering holistic financial planning. Our philosophy is to combine best of breed advice and efficient business processes to create lasting partnerships with advisers and their practices.
SFP takes pride in providing a balanced and competitive value offering that addresses the needs of both growing and established financial advice practices. As a leading financial services provider with a national footprint, SFP provides access to preferential support arrangements with multiple providers, thereby optimising opportunities for you.
We believe in an approach that increases the capacity of both financial advisers and their practices, to give advice and run effective businesses that optimise client value. Through combining good advice and efficient business processes, we help you create long-term practice sustainability.
As a representative under our licence, you are supported by a dedicated management and support team that utilises industry knowledge, advice and practical compliance processes to encourage sustainable growth and success within your business.
SFP holds a wide array of product provider agreements across multiple licence categories allowing our advisers to guide clients to a fully independent choice of solutions. Continued adviser and client choice is the cornerstone of our strategy.
SFP advisers run their own practices and are encouraged to maximise the value of this business asset. By making use of well-founded practice development techniques and principles in your practice, you are able to enhance the intrinsic value of the business. The purpose thereof is to make your practice “succession ready” to extract real value at a future date.
The ideal exit strategy for business and clients
Our Succession Planning is based on finding a suitable successor for the adviser’s business. In the process of ensuring succession, we enable the adviser to gain a perspective on the real value of the practice itself.
SFP will facilitate a seamless exit strategy for partners in the event of retirement, disability, termination or death. We help formulate succession strategies that meet the needs of the financial adviser, and we go to great lengths to ensure that your clients are cared for by a successor who shares your values.
Running a profitable financial advice practice can be challenging. SFP assists you through our bespoke practice development programme to:
By joining SFP you position yourself and your practice within a strong national brand. SFP provides you with the following brand specific items:
As a member of SFP you have access to a bespoke version of XPlan called SanFin. The SanFin suite of advice tools is supported via Sanlam’s technology consultant team to enhance your professional client experience. To assist you with general technology implementation in your practice, we have negotiated a dedicated support agreement for both the software and use of financial planning tools.
As a family of professionals, SFP is more than the individuals that comprise it. From the administrative support to management guidance and professional peers – we all journey together to support your practice. Managing advice in a professional practice is no longer the domain of a single person, as you’ll have a team to support you and enhance your chances of success.