Sesame Bankhall Group has published a “how to” guide for advisers on transitioning their business model ahead of the RDR.
The guide, published in association with Aegon, is available to Sesame members and Bankhall customers and is split into six stages.
These include business development and objectives, reviewing current practices, the advice offering and segmentation, defining the client proposition and pricing strategy, creating an action plan, implementing the plan, reviewing pro-gress and refining your actions and successfully marketing your business.
The support includes practical instructions to help firms through each of the stages with tools such as interactive guides, video presentations, self assessment tools and templates.
Sesame Bankhall Group business development director Keith Gilmour says the new guide will help firms assess what stage their business is currently at and what they need to do to achieve RDR compliance.
He says: “Adviser firms can benefit from the experience of others, get tips, templates and lots of other support as they take their business forward.”
PMI Independent Advisers director John Stewart says: “There are quite a few firms that need help getting ready for the RDR so it seems like Sesame is doing a good thing here.”