What is Business-in-a-Box? Our Proposition in a nutshell
If you’re a financial adviser looking to strike out on your own, then our Business in a Box Proposition could be just what you need. But what exactly is the Business in a Box solution and how will it help you make the leap to running your own business? Here are all the answers you need.
Who are we?
Tenet is of the UK’s largest adviser support groups with over a quarter of a century’s worth of experience in the financial services industry. We have a close relationship with the Financial Conduct Authority and a wealth of expertise and resources to help financial advisers navigate the regulatory landscape and keep up to date with the latest market trends.
What is the Business in a Box solution?
Our Business in a Box solution provides a way for financial advisers, currently working for someone else, to set up their own business by becoming an Appointed Representative of Tenet. Advisers who set up their business as part of the Business in a Box solution will have access to the comprehensive range of funds, products and providers included in our Restricted Advice Proposition.
Tenet will also support you heavily through the start-up process, as well as providing ongoing guidance with the various aspects of running a business in the financial services industry.
Who is the Business in a Box solution aimed at?
Our Business in a Box is for you if you’re already a QCF4-qualified financial adviser with Competent Adviser Status (CAS). Whether it’s for the freedom to be your own boss, greater flexibility or just to see your own name on the office door, you’ll be thinking about starting up your own financial advice business. However, like many people, you may be daunted by the complexity and extra responsibility involved in running a business alone.
Alternatively, you might be returning to work after a career break, perhaps after taking time off to become a parent, and looking to re-enter the world of financial advice. Now, however, you might need a bit more flexibility to work on your own terms.
That’s where Tenet comes in.
How does Tenet support me through the start-up process?
From the very beginning, we provide advisers with:
- Funding if you need financial support in the early stages of your business
- Support with writing your business plan
- A suite of pre-written, compliant marketing materials and website
- Assistance with branding and design
- Guaranteed Professional Indemnity (PI) cover through our captive provider
What is the Restricted Advice Proposition?
With our Restricted Advice Proposition, you’ll have ready access to a comprehensive range of carefully researched products from market-leading providers. The Proposition is designed to cater for the cradle-to-grave needs of your clients, including:
- Investments
- Pensions and retirement planning
- Protection policies
- Estate planning
- Mortgages and equity release
Each and every fund and provider we offer has been thoroughly assessed before being included in the Proposition, and the service has already been extensively trialled by advisers like you to ensure it’s fit for purpose.
What’s more, the Proposition is delivered through an intuitive, cutting-edge and secure platform portal that streamlines the advice process and removes much of the administrative burden from advisers.
So, when you set up your company with Tenet’s Business in a Box, you can rest easy knowing that the products, funds and providers you’re recommending to your clients have been meticulously researched and selected by financial industry experts. It will take away a lot of the stress when you’re concentrating on getting your new business off the ground.
Click here for more information on the funds, products and providers you’ll have access to with Business in a Box.
How does Tenet help me once I’m up and running?
Our support goes beyond simply helping you set up your business. As you get into your stride and start seeing clients, we’re on hand to provide you with:
- Administrative support
- Ongoing marketing support
- Practical support and guidance on FCA regulations and compliance
- Access to technical research and the latest data on all our funds
- Tailored investment advice
- Skills training and a full CPD programme
Moreover, if you have questions or need advice, our expert team is just a phone call away.
Can I move on when I want?
The advantage of working with Tenet is that, when you’re ready, we can draw on our considerable expertise to help you develop your business in whichever direction you want. Whether this involves hiring more advisers to expand your business, moving to providing independent advice or becoming Directly Authorised, you can just pick and choose the services you need from Tenet.
How do I get started?
Just get in touch! Call 0113 239 5141 or email info@tenetbiab.co.uk for an initial conversation.