LEBC is one of Sesame’s largest appointed representative firms, with 56 advisers in 2008. It has 11 offices in the UK from Edinburgh to Southampton, 25,000 clients and over £1.5bn of client assets under management.
Sesame managing director of network and direct Nick Kelly says: “We are operating in a very competitive market and are delighted that LEBC Group has once again chosen Sesame, as it continues to evolve its business model for the future. LEBC Group has achieved solid growth over the last five years to become one of the largest IFA firms in the UK.
“Over that time we have built a strong relationship and this continued commitment is a vote of confidence in the value of Sesame’s network model, which we are constantly seeking to improve and develop further for our members. It also demonstrates Sesame’s ability to leverage its scale and financial strength to appeal to a wide range of adviser firms, both large and small, which is proving increasingly important to firms in these challenging times.”
LEBC Group managing director Nigel Stallworthy says: “Our strategy of organic growth through the careful selection of new consultants has paid dividends over the last eight years, as we doubled the number of advisers. We have opened new offices and expanded the range of specialist services we offer clients. Sesame has been integral to our success, and their valuable support will continue to be important as we look to achieve further profitable growth in the future.”