"Our new exit consulting proposition is designed to support IFA business owners who’re considering a sale – whether that’s in the next twelve months or five years away."
- Claire Cherrington, director of PMS and Bankhall at SBG
Prior to this appointment, David Wright (pictured) served as a senior M&A associate at Compre Group. In the past, he’s worked as an M&A associate at One Four Nine Group and senior associate for wealth & asset management at EY, amongst others.
In his new role, David will lead Sesame Bankhall Group’s (SBG) exit consulting service to help advisers looking to sell their business. This proposition will support directly authorised (DA) firms through every stage of the sales journey.
SBG will initially focus on wealth firms, where a significant number of business owners have actively pursued acquisition opportunities.
“It’s a great time to be joining SBG as the business expands its support for DA firms. There’s huge demand from both buyers and sellers – but many IFA firms aren’t prepared for a sale, which can limit their value and options.
“Our exit consulting proposition is different because we’ll be working directly with sellers – helping them maximise the value of their business through a targeted action plan focusing on areas such as profitability, quality of data, and compliance – before ultimately presenting a business that’s attractive and aligned to the right buyer,” he said.
SBG’s exit consulting proposition will launch in July 2025.
Claire Cherrington, director of PMS and Bankhall at SBG, added: “We’re delighted to welcome David. He brings a wealth of experience in M&A, succession planning, and Financial Services, and joins our team as we prepare to launch a brand-new service for firms thinking about a potential exit.
“Our new exit consulting proposition is designed to support IFA business owners who’re considering a sale – whether that’s in the next twelve months or five years away. David will be working side-by-side with firms, helping them get sale-ready, grow the right way, and maximise their business value.”
