How employee ownership can work for advice firms


Chris Budd, founder and chairman of Ovation Finance, has explained why the employee ownership model can be a "brilliant route" for advice firms.

He said employee ownership gives all the advantages to the employees and owners that they would want from an exit.

Mr Budd also spoke about how preparing an advice firm for sale to a consolidator differed from preparing it for employee ownership.

Article continues after advert

Finally, he discussed financial wellbeing and why clients come to financial advisers specifically not to think about their money.

Each week, FTAdviser will be joined by a guest from the industry to discuss the week in news and pressing industry issues.

To listen to the full podcast, click on the link above.

Our podcasts are available on Acast to allow you to access them in the most convenient way.

FTAdviser podcasts are also now available to download on iTunes.