Fiducia or Securo?
The same buyer, the same fair-value floor, and two completely different timelines.
| Fiducia — sell now | Securo — step back | |
|---|---|---|
| Who it is for | Advisers who want to stop now. | Advisers with a few years left who do not want to run the regulated business alone. |
| What happens on day one | E&G acquires the client book and the handover begins. | Nothing changes for your clients. Compliance, paraplanning and admin move to E&G. |
| Who advises the clients | E&G, under a full novation, with a named adviser each. | You do, for as long as you want to. |
| Who owns the business | E&G, from completion. | You do, until you choose to exit. |
| Consideration | Paid on the acquisition, at no less than market value. | Paid at the end, at no less than market value, on the same footing as Fiducia. |
| Your involvement afterwards | Optional consultancy, or a clean break on completion. | You keep advising until you decide to stop. |
| Your team | Retention available, agreed in writing before completion. | Stays with you, with E&G’s support functions behind them. |
| Legacy clients | Trainee advisers re-engage clients who have gone quiet. | Trainee advisers work alongside you to get reviews back on a cycle. |
| If the terms do not suit you | You do not proceed. | Novation option instead of a sale, decided at the point of exit. |
| Typical timeline | Months. | Years, at a pace you set. |
How advisers usually decide
If the honest answer to “how much longer do you want to be doing this?” is under a year, Fiducia is normally the right route. If it is somewhere between one and five years, and the thing you want to stop is the compliance rather than the advice, Securo usually fits better.
The decision is not final on the first call. Advisers move from Securo to Fiducia when they decide they have had enough, and the terms are built so that this costs them nothing.
If you would rather work it out from a date than from a description, the exit timeline planner asks four questions and points at one of them.
Still not sure which one?
That is a normal place to start. Book a call and we will work through it with you.
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