Why I quit investment banking for self employed financial planner career скачать в хорошем качестве

Why I quit investment banking for self employed financial planner career

Investment Banking to IFA | Becoming a Self-Employed Financial Planner How do you go from investment banking to becoming a self-employed IFA and financial planner in the UK? In this episode of Financial Planner Life, Sam Oakes speaks with Caroline Laudren-Quillet, an ex Deutsche Bank investment banker who transitioned into financial planning and financial advice. Just two years after making the career change, Caroline has built £14 million under management as a self-employed financial adviser, while balancing family life and creating a career with real flexibility. Caroline shares exactly how she made the move from investment banking to financial planning, including how she completed her financial planning qualifications, how she chose the right firm to join, and why she decided the self-employed IFA route was right for her. We also break down the realities of becoming a financial adviser in the UK. This includes understanding fee splits and firm support, how long it really takes to build a client bank, and how recurring income builds as a financial planner. Caroline also explains how she generated business in her first two years as a financial planner through Unbiased leads, networking events, accountant relationships, LinkedIn, and employer financial wellbeing workshops. If you are thinking about becoming a financial planner, starting a career as a financial adviser, or exploring the self-employed IFA route, this episode gives a real-world blueprint of how it can be done. In this episode we discuss: • Investment Banking to IFA Career Change • Financial Planning Qualifications and how to get started • Choosing between IFA academies vs smaller financial planning firms • The self-employed financial adviser model explained • How much savings you need before going self-employed • Building a client book as a financial planner • Networking and referral strategies for advisers • Using LinkedIn and lead generation platforms • Work life balance in financial planning This conversation is essential for anyone interested in financial planning careers, becoming an IFA, or starting a career as a financial adviser in the UK. 00:00 - Ex-Deutsche Bank Investment Banking to IFA: self-employed start + £14m AUM 01:23 - Mindset check: “It’s Friday” + starting your Financial Adviser journey 02:34 Why she left Investment Banking: COVID, redundancy, pregnancy, Plan B 03:56 - Finding the UK Financial Planning route: Sam’s videos + where to begin 05:27 - Lifestyle + family: why becoming a Self-Employed IFA fit her life 06:58 - Choosing a small firm: Directly Authorised IFA vs bigger routes 11:01 - Big bank to small Financial Planning firm: freedom, purpose, building a team 15:27 - Comparing firms: Quilter/SJP academy vs smaller IFA setup 17:20 - Going self-employed as a financial adviser: the 9–12 month savings rule 21:34 - What support should look like: paraplanners, mentoring, case checking 24:00 - IFA network vs directly authorised: which route suits you? 26:14 - Self-employed adviser pay: 30% split explained + what it should include 29:08 - Client ownership: who owns your clients as an IFA? (contract must-know) 33:50 - How she built her client bank: Unbiased leads → networking → referrals 38:08 - LinkedIn + Google: marketing as a Financial Planner / IFA 50:58 - Fulfilment: helping real people vs institutional investment banking57:06 - Advice for bankers: switching from Investment Banking to Financial Planning 59:12 - Long-term career: building a client book, equity value, future options 🔔 Be sure to follow Financial Planner Life on YouTube for extra content about a career within Financial Planning. HIT THAT SUBSCRIBE BUTTON! Financial Planner Life is sponsored by Redmill Advance. Whether you're starting out, already qualified, or building a training academy, Redmill Advance delivers expert-led learning, exam support and CPD from Level 4 to Chartered. ✅ Trusted by top UK firms 👉 https://www.redmilladvance.com/ Want to appear on the Financial Planner Life podcast? Reach out to sam@financialplannerlife.com in regards to sponsorship, partnerships, videography or podcast production. #financialplanning #financialadvisor #financialadviser #wealthmanagement #financialpodcast